A new report shows the boycott of Arizona in the wake of a controversial immigration law has cost the state more than $140 million.

The analysis commissioned by the Center for American Progress says lost hotel revenue in the first four months after the bill signing was about $45 million. The state also lost $96 million that visitors would have spent during their stays.

The study released on Thursday says meetings and conventions will probably continue to be lost for more than a year. That will multiply the impact of a boycott called by immigrant-rights groups after Republican Gov. Jan Brewer signed the state's new law in April.

The study was paid for by the group, a liberal-leaning think tank, but conducted by the respected Scottsdale-based economic firm Elliott D. Pollack & Co.