Economists from both U of A and ASU have completed their forecasts for the future of Arizona. Saying “Arizona’s recession has been over for more than a year, but we still haven’t seen the liftoff we need to move into growth.” Reports Dr. Lee McPheters director of the ASU Economic Outlook Center.
“Arizona’s economy will improve modestly this year with employment growing at less than 2% annual rates,” says Dr Marshall Vest, director of the UA Eller College of Management Economic and Business Research Center. “That pace will quicken and it will be 2013 when employment growth hits levels common during the later 1990s.”
Here are some interesting and exciting Stats:
Arizona’s population increased by 1.4% in 2011 ranking it as the 7th fastest-growing state in the nation.
Arizona’s population is July 2011 was 6,482,505.
Rank State % Change
1 Texas 2.10%
2 Utah 1.93%
3 Alaska 1.76%
4 Colorado 1.74%
5 North Dakota 1.69%
6 Washington 1.57%
7 Arizona 1.42%
8 Florida 1.36%
9 Georgia 1.32%
10 N Carolina 1.3%
Source: US Census Bureau, 2011 (April1, 2010 vs July 1, 2011)
Full Article in the Tucson Newcomer and Tourist Guide 2012 by Lee Allen.
No comments:
Post a Comment