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Jobs & Our Economy

Arizona’s 2023 Economic Performance Index

Arizona’s 2023 Economic Performance Index

Feb 22, 2024

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Arizona has grown rapidly in the past 10 years – household incomes are more than 50% higher today than they were in 2011, and the percentage of people in poverty is down 7 percentage points to 12.5%.

Prices in the 21st Century – Arizona

Prices in the 21st Century – Arizona

Feb 15, 2024

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While on average, consumer prices have risen 92% since the turn of this century, the prices of six goods have more than doubled – gasoline (+260%), home prices (+214%), rent (+167%), medical care (+154%), college tuition (+119%), and food away from home (+114%).

Inflation in Arizona November 2023 Update

Inflation in Arizona November 2023 Update

Nov 15, 2023

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On a year-over-year basis, the rate of Consumer Price Index (CPI) inflation in the Phoenix metropolitan area decreased in October, matching the lowest rate of inflation since March 2021.

Arizona’s World Series

Arizona’s World Series

Oct 30, 2023

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The state’s impending successful hosting of a World Series, following a Super Bowl and during an ongoing recovery for the state’s conventions and tourism industries, is another opportunity to celebrate its success in cultivating a robust and diverse local economy.