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Study: Sky Harbor brought $28.7 billion to Valley in 2011

Phoenix Sky Harbor directly contributed $28.7 billion to Arizona's economy in 2011, a study said.

That's an average of $78 million per day.

"The Phoenix Airport system is an economic engine that not only generates employment, but benefits local businesses and is integral to the multi-billion dollar tourism industry," said Phoenix Mayor Greg Stanton in a release.

The airport system employs about 250,000 jobs with a total payroll of about $10 billion.

Each day, the airport sees an average of 111,000 passengers and 828 tons of cargo.

In 2007, Sky harbor contributed $33 billion to the state's economy.

The study was conducted by Arizona State University's W.P. Carey School of Business.

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