Even as the recession took hold and copper prices slumped at the end of last year, the Arizona copper industry set records for economic impact and job creation in 2008 according to a recent study prepared for the Arizona Mining Association.
The state's copper producers had a direct economic impact of about $3.9 billion last year, up 18 percent from 2007, says the report by the Western Economic Analysis Center in Marana.
As those copper dollars rippled through the state's economy, they created a combined direct and indirect economic impact of nearly $10.4 billion, the study says.
Meanwhile, Arizona copper-industry employment grew to an average of 11,200 over the course of 2008, the report showed.
Source: Arizona Daily Star
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