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Maile L. Nadelhoffer
Dear Readers,
While indicators are still mixed, EBR's Dr. George Hammond is predicting Arizona's economy will accelerate in 2013-2014, and overall experience faster growth than the nation as a whole. Find out why in our lead article.
Please mark your calendars for Wednesday, June 5, 2013 and join us for breakfast with Eller economists George W. Hammond, and Marshall J. Vest as they offer insights on what to expect for Arizona, the nation, and our local economies for the remainder of 2013 and beyond.
Arizona's Economy is published quarterly by the Economic and Business Research Center in the Eller College of Management. Copyright ©2013 The University of Arizona
Less Uncertainty Now, Stronger Growth Coming
The Arizona economy accelerated in 2012, with stronger job, population, and housing permit growth than in 2011. Job gains in 2012 were driven, as usual, by service-providing sectors. However, the goods-producing sector contributed to growth was well, with gains in construction, manufacturing, and mining and logging.
AZ March 2013 Data Round-UpUnemployment in Arizona ticked up one-tenth of a percent in January to 8 percent, just behind the 7.9 percent for the U.S. Nonfarm jobs in the state were down 45,500 for the month, with both the private sector and government shedding jobs. [more]
Breakfast with the EconomistsEconomic activity in Arizona still remains below 2007 peak levels. What are the risks going forward? Why might the economy surprise to the upside? Locally, progress has been disappointing. Why is southern Arizona seemingly lagging so far behind? How do we measure up? Please join us....[more]
Arizona - Statewide
Phoenix-Mesa-Glendale MSA
Tucson MSA
Arizona & Metro Areas
Counties
Sources & Abbreviations
