Sounds like the pro-gays got the corporations on their side, and NFL threatening to punish the state, Brewer is not going to stand against them over this.
From what I understand this law would only affect the businesses in cities in AZ who currently have anti-discrimination laws regarding sexual preference, there is no state law that does that.
The Federal courts have not yet created that law out of the constitution, except in some cases marriage itself.
RE: The news reporting is comparing this directly to when AZ refused to recognize MLK day and lost a lot of business with boycotts
How did that affect their economy? Did it suffer?