Arizona is still working its way out of the hole created by the Great Recession, but we are making progress. The state is generating growth in jobs, income, retail sales, and population. But we are not out of the hole just yet. For instance, while state jobs are growing at a faster pace than nationally, we have replaced just 49% of the jobs lost during the downturn.
A new, free app for iPhone, iPad, and Android offers users access to real-time economic data for Arizona, its counties, metro areas, and the U.S. The app is unique in its focus on Arizona and in allowing users to compare Arizona with the nation as a whole and complements Arizona's Economy Online magazine. [more]
The import of Mexican fresh produce through Nogales, Arizona’s largest border port of entry, has a long tradition. For more than a century Nogales has served as the main gateway to North American markets for Sinaloa- and Sonora-grown tomatoes, squash, cucumbers, peppers, and other, mostly winter-harvested, vegetables... [more]
Metro Tucson has a significant presence in 11 nationally identified “traded” sub-clusters. Clusters are “geographically concentrated groups of interconnected companies, universities, and related institutions that arise out of linkages or externalities across industries .” “Traded” clusters, which account nationwide for only about one-third of employment but register much higher wages, are industries that compete across regions. [more]