On this edition of Common Sense Digest, Chairman and Host Earl Wright welcomes CSI Board Member and Co-Owner of Pivot Manufacturing Steve Macias and CSI Director of Policy & Research Glenn Farley to the show to discuss how policies enacted at both the state and federal level have contributed to manufacturing growth
Arizona gained 12,500 nonfarm jobs in April (+0.40%) – 4th in month-over-month employment growth among all states. For perspective, while the average U.S. job growth rate was 0.16%, according to BLS 15 states reported negative job growth.
The manufacturing sector has been one of the fastest growing parts of the Arizona economy over the past decade. In March, manufacturers added 2,000 jobs in Arizona (1st in the country), even as the overall labor market shrank.
Although Arizona lost jobs on net, some stronger sectors managed to add jobs in March. Manufacturing for example was first in the county in month-over-month job growth, adding 1,900 jobs (+1.00%) in one month.