Arizona Economic Outlook Analysis and Data

Outlook for Arizona statewide, plus Phoenix and Tucson Metros

June 1, 2018

Arizona added jobs, population, and income at solid rates last year. Jobs rose 2.4% in 2017, slower than gains in 2016, but above the national rate, and the state is keeping a similar pace so far in 2018. Population growth hit 1.5% and personal income rose 4.3% before adjustment for inflation. The Phoenix Metropolitan Statistical Area (MSA) remained the engine of growth in Arizona, but the Tucson MSA has generated gradually improving growth during the last two years. Overall, the state is in good shape as we look forward to 2018 and 2019. Read full forecast article...

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*numbers are from EBRC's May 2018 quarterly forecast (next forecast update: Sept 2018)

Arizona Forecast (Statewide) 
In tables below, hover over series title for definition and source info, click on any series title to graph.

Phoenix-Mesa-Scottsdale MSA (Maricopa and Pinal Counties)

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Tucson MSA Forecast (Pima County)

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