Monday, January 10, 2011

Okay, I was wrong
Maybe shootings good for Arizona economy
Obama, Katie Couric, Brian Williams, even Oprah?
Filling up hotel rooms


Visit msnbc.com for breaking news, world news, and news about the economy



I'll admit I was wrong. Saturday's Tucson shooting has been a boon for Arizona's tourism industry.

The state celebrates the BCS college bowl tonight and had two bowl games just passed. We are preparing for spring baseball training, the Phoenix Open, Barrett-Jackson and other auto collector car auctions, the P F Chang Rock and Roll Marathon. Hotel rooms, normally $99 per night in the summer heat, go for $300 or more during the desert's high season. With all this commotion, it means hotel rooms will probably be higher than ever. Food servers will be getting unheard-of tips..

Yet I fear for the state's long term financial health. Businesses considering creating permanent jobs in the state may have second thoughts after all this.

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