Arizona Economy cover image

Slow but Steady: Business in Arizona’s Post-Recession Economy, Part Two

Continued from part 1 We’ve seen how much of an impact the construction and automotive industries have on Arizona’s economy. What other factors are involved? Population growth Arizona has long been a destination state. People from across the country looking for jobs, business opportunities, retirement homes etc. have long flocked to the area. And in…

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Phoenix (Arizona U.S.) and Business Opportunities

Slow, but Steady: Arizona’s Post-Recession Economy, Part One

A few years ago, business in Arizona was booming. The state’s economy was supercharged, thanks to booming real estate and construction markets. Jobs were plentiful, as the state’s unemployment rate hovered consistently in the low single digits. The abundance of well-paying jobs drew thousands of people to the state, adding human capital and further enhancing…

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