Arizona generates a $570 billion economy with 7.58 million residents growing at 1.46% annually (nation's 4th-fastest), powered by a record-shattering $29.7 billion in visitor spending during 2024—$81 million per day—that supports 193,800 direct tourism jobs and delivers $4.2 billion in tax revenue reducing every household's burden by $889 annually. The state's 45.7 million annual visitors (including 20.8 million overnight stays) spend across Phoenix's tech corridors, Scottsdale's luxury resorts, and gateway communities serving Grand Canyon's 11.3 million national park visitors, creating year-round economic momentum that outpaces national growth while attracting California refugees seeking lower taxes, 300 days of sunshine, and housing costs 40% below West Coast metros.
Your retail space captures Arizona's explosive convergence of tourism dominance and migration-driven population surge, where international visitors jumped 20% with spending up 30% in recent years while 72% of overnight guests arrive from out-of-state with California, Texas, New York, and Florida leading contributor markets. Phoenix alone welcomed 20.8 million visitors spending $5 billion in 2024, averaging $13.7 million daily across shopping, dining, and entertainment that directly supported 56,599 jobs—and the state's diverse tourism portfolio spans luxury desert resorts, wine country experiences, mountain retreats, and mining heritage towns ensuring balanced year-round traffic without seasonal dead zones. Arizona delivers the Southwest's most dynamic growth trajectory, tourism spending that rivals small countries, and a pro-business climate attracting both affluent retirees and tech workers who transform every shopping center into prime territory for capturing America's fastest-growing consumer base.