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Coronavirus' potential local economic impact and shortages

As the coronavirus continues to spread, it is becoming a growing topic of conversation for businesses and agencies across Arizona trying to assess the potential economic impacts.

Experts say the spread of the virus could impact several sectors of the economy. A representative for the Greater Phoenix Chamber says they have heard from some of their 2,400 members.

“It’s not panic mode, they’re not freaking out,” said Mike Huckins, vice president of public affairs for the Greater Phoenix Chamber. “But I think the longer this goes on you’re seeing more and more ripples on a daily basis of different companies that have different supply chain issues.”

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