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Arizona Economic Outlook



Forecasting Project

Find out how your organization can benefit from membership in EBR's Forecasting Project.


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Battling Headwinds: Arizona’s Economy Struggles Upward

By George W. Hammond, Ph.D.
EBRC Director and Eller Research Professor

Decmeber 1, 2014

The Arizona economy continues to expand at a slow pace. For instance, employment increased 2.0% in the third quarter, over the year. That was better than the dismal second quarter result and was just above the national rate, but it was not very good. Keep in mind that the state’s average job growth rate during the 30 years before the Great Recession was 4.1% per year. We’re seeing similarly slow gains across all the major indicators.

Read full article.

* numbers & analysis from EBR's November 2014 quarterly forecast (next update: March 2014)

Selected economic forecast numbers for Arizona, Phoenix and Tucson Metros

In tables below, click on any series title to graph.

If you need more detailed economic forecast data for Arizona and its communities, learn about the advantages to your organization of membership in EBR's Forecasting Project.

For further information on The Forecasting Project, please contact Dr. George Hammond.

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