Phoenix is the fifth most populous city in the United States. Phoenix is home to approximately 1.5 million people, and is the anchor of the Phoenix metropolitan area (also known as the Valley of the Sun), the 12th largest metro area by population in the United States with nearly 4.3 million people. Numerous high-tech and telecommunications companies have also recently relocated to the area. Due to the warm climate in winter, Phoenix benefi ts greatly from seasonal tourism and recreation, and the golf industry. Phoenix is currently home to seven Fortune 1000 companies.
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