Even with significant headwinds from reduced housing affordability, elevated interest rates, and tight labor markets, Arizona continues to generate solid economic growth. Job gains are far outpacing national growth in…
Arizona added nearly 57,000 jobs year-over-year in 2024 as Arizona job growth continues, according to an analysis. Arizona added 3,400 seasonally-adjusted jobs over the month in December, similar to revised…
Arizona posted steady job growth in October, driven in large part by Arizona healthcare job gains. Arizona job growth decelerated modestly in October, with a seasonally-adjusted over-the-month gain of 5,400…
Tucson jobs increased last month, although state and local employment was weak, according to an analysis from the Economic and Business Research Center (EBRC). Here’s a closer look at Arizona…
State of Arizona personal income growth ranked 23rd in the nation in the second quarter. Arizona nominal personal income rose 5.2% at a seasonally-adjusted annual rate in the second quarter of…
Arizona seasonally-adjusted jobs dropped by 2,500 over the month in August, after a revised 3,300 increase in July. The preliminary estimate suggested that the state added 3,000 jobs over the…
After peaking at 13.0% over the year in August 2022, Phoenix MSA all-items consumer price inflation (as measured by the CPIU) cooled to 2.3% in August 2024 (Exhibit 1). At…
The Arizona economy was solid through the first half of 2024. Job growth was strong, contributing to a record-low unemployment rate and a surge in the ratio of open jobs…
The preliminary Arizona unemployment rate fell to another new low of 3.3%, according to an analysis. MORE NEWS: 4 Valley cities rank among 50 safest and most affordable U.S. cities Arizona’s…
Arizona personal income growth ranked 20th in the nation in the first quarter, according to an analysis. MORE NEWS: 4 Valley cities rank among 50 safest and most affordable U.S. cities Before…
When looking at the 25 largest cities in Maricopa County, the City of Phoenix has more than three times as many residents as the next largest city in Maricopa County.…
The Arizona labor market was historically tight in May. Arizona’s preliminary seasonally-adjusted unemployment rate dropped again in May, this time to 3.4%, an all-time low going back to 1976. The…
