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Phoenix metropolitan business community rattled, but not beaten by novel coronavirus

Business leaders report unprecedented measures, innovative ideas and a hyper-focus on the bottom line as the novel coronavirus — COVID-19 — wrecks havoc on all things commerce from corner to corner of the Valley of the Sun.

Arizona’s economy thrives on tourism, business leaders explain. The service industry — places like hotels, restaurants and retail space — is the No. 1 engine to the economic machine of the state and with almost standstill activity most businesses don’t have long.

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