Arizona is ranked third best in the nation for economic momentum, based on a new report by State Policy Reports. The report ranks states’ economic momentum based on growth in personal income, employment and population. Arizona ranked in the top four for employment growth and population growth. Arizona is tied for third with Montana. “Arizona’s economy was one of the hottest in the nation going into the pandemic,” said Governor Ducey. “As we follow commonsense guidance to keep people safe and … [Read more...] about New Report: Arizona Ranks Third For Economic Momentum
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Arizona Leads West In Income Growth
Arizona’s median household income rose by 15.2% over the latest three-year recording period, according to new data from the U.S. Census Bureau. That was the highest growth among western and mountain states, and higher than Texas and Florida. The Census data, which compares income growth averaged between 2014-2016 and 2017-2019, indicates that the median household income in Arizona rose by more than $8,600. In addition, last year, Arizona’s total personal income rose by 5%, the fifth strongest … [Read more...] about Arizona Leads West In Income Growth
ERAU Boasting Record Enrollment, Major Construction Projects, Nobel Prize Winning Research
Embry-Riddle Aeronautical University’s (ERAU) Prescott campus has never been more upward bound, according to President Barry Butler. He reported on the “State of the University” when he visited campus in early October. Butler, speaking before the ERAU-Prescott Board of Visitors and several administrative officials, emphasized that the university has never been in better shape – academically, financially and reputationally. Named president in March 2017, Butler is the sixth person to lead … [Read more...] about ERAU Boasting Record Enrollment, Major Construction Projects, Nobel Prize Winning Research
Population Growth, Health Industry, Infrastructure Improvements Fueling Arizona’s Economy
Arizona State University Professor Lee McPheters, Ph.D., says the state’s economy shows no sign of “gloom,” “doom” or “boom.” The forecast instead calls for basking in a little oomph from population influx, job creation, defense spending, health care hiring, international trade and infrastructure rejuvenation. The biggest risk, he says, is the national economy, clouding those little rays of sunshine. McPheters, research professor of economics and director of the JPMorgan Chase Economic … [Read more...] about Population Growth, Health Industry, Infrastructure Improvements Fueling Arizona’s Economy