Arizona Copper Mines Add $4.6 Billion To State?s Economy

Arizona copper mines produced nearly 67% of the nation?s copper in 2000, according to a report released by the Arizona Mining Association (AMA). This was a slightly larger share than in 2000 despite large reductions by one major copper producer and production cutbacks at several other facilities. In 1999, Arizona mines produced 64% of the nation?s copper. The report was prepared by economist George F. Leaming of the Western Economic Analysis Center in Marana, AZ. It also showed the copper industry had a $4.6-billion impact on the Arizona economy in 2000, a 26%decline from 1999. This is the lowest financial impact since 1973 and less than half the record reached in 1981of $9.6 billion. The decline is primarily due to a sustained low copper price and a slow-down in the US economy. The mining industry?s impact included combined direct and indirect contributions of $1.283 billion in personal income for Arizona residents, the equivalent of 43,000jobs. More than 5,000 of those jobs were in state and local government and more than 18,000 were in trade and ser-vice businesses. The copper industry directly employed fewer than 8,000 people statewide in 2000. This was down about 23% from 1999.