/ Modified oct 25, 2016 4:44 p.m.

It's Gem & Mineral Time in Tucson

Event brings in estimated $120 million in direct spending, 55,000 visitors over two weeks.

Mineral in Hand SPOT (PHOTO: AZPM)

The Friday Business Report with AZPM's Zac Ziegler and Inside Tucson Business Editor Thelma Grimes focuses this week on:

  • The Tucson Gem and Mineral shows are Southern Arizona's biggest tourism events each year, bringing an influx of spending to hotels, restaurants, and other area businesses.

  • Large banks are starting to close lines of credit previously extended to businesses that work in the agricultural industry on both sides of the border due to worries of being accused of laundering money for drug cartels.

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