Arizona economy keeps rolling: Here are the numbers

Still going strong, the Arizona economy added large numbers of new jobs and residents last year. Nominal taxable retail plus remote sales expanded slowly, while personal income growth decelerated. Single-family…
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…
Today, the Department of Commerce and Natcast announced the Arizona State University (ASU) Research Park in Tempe, Arizona as the anticipated location for the third flagship CHIPS for America research…
Policy uncertainties dominate the economic outlook, damaging growth prospects, according to an S&P Global Market Intelligence report released today. In the newly published Top 10 Economic Insights for 2025, S&P Global Market…
J.P. Morgan Private Bank today released its 2025 Global Investment Outlook, Building on Strength, which defines the pivotal themes poised to shape market dynamics in the upcoming year. MORE NEWS: Inflation rate hits lowest…
Sunlit Fluo & Chemical Co. Ltd., Taiwan’s premier semiconductor chemical supplier, is expanding its international footprint with the grand opening of its first manufacturing facility outside of Asia – Sunlit Arizona,…
Real gross domestic product (GDP) increased at an annual rate of 3.0% in the second quarter of 2024, according to the third estimate released by the Bureau of Economic Analysis. In…
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…
Seventy-seven percent of workers in America would experience financial difficulty if their paycheck were delayed a week, according to results from the 2024 “Getting Paid In America” survey conducted by PayrollOrg (PAYO).…
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…
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…
Since Pinal County was formed in 1875, copper mining has been an integral part of the region’s economy, creating thousands of jobs and generating billions of dollars in tax revenue.…