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  • Publication Preview
    Indicator Insight Volume: 5 Issue: 3
    Author(s):
    Tom Rex
    Published: Friday, May 8, 2015

    Workforce quality and availability has become the most important location factor determining a region’s economic competitiveness/business climate. The relative significance of the workforce has increased over time as the U.S. economy transitions from the 20th century’s manufacturing-dominated economy to an economy driven more by technology and innovation. Educational attainment is a key measure of workforce quality.

  • Publication Preview
    Indicator Insight Volume: 5 Issue: 2
    Author(s):
    Tom Rex
    Published: Thursday, March 12, 2015

    In the years following World War II, high-technology activities became a disproportionately large part of the Arizona economy, focused on the manufacturing of electronics and aerospace products. These high-tech activities were primary drivers of the Arizona economy from the 1950s into the 1980s, joined along the way by the manufacturing of instruments.

  • Publication Preview
    Policy Points Volume: 5 Issue: 1
    Author(s):
    Sally Wittlinger
    Published: Wednesday, October 1, 2014

    As Arizona’s population continues to grow, so does the need for electricity. Retail sales of electricity in Arizona have increased along with the population, although sales per person have declined since peaking in 2007, a sign of decreased use and increased efficiency. As we progress in the twenty-first century, action must be taken to increase the sustainability of our energy resources by continuing to conserve and by shifting to the greater use of energy from renewable sources. In addition, we must work to mitigate climate change by reducing
    greenhouse gas emissions.

  • Publication Preview
    Indicator Insight Volume: 4 Issue: 5
    Author(s):
    Tom Rex
    Published: Wednesday, July 16, 2014

    Arizona’s total value of international exports as a share of gross product was 33rd highest among the 50 states and District of Columbia in 2012. Arizona ranked 36th for manufactured goods. In 1997, Arizona had ranked eighth overall and ninth for manufactured goods. The state’s large relative decline in export share can be traced to its sizable relative decrease in its manufacturing sector. In particular, the electronics manufacturing subsector’s share of total GDP has dropped considerably.

  • Publication Preview
    Indicator Insight Volume: 4 Issue: 4
    Author(s):
    Tom Rex
    Published: Wednesday, May 7, 2014

    For decades, Arizona was one of the national leaders in aggregate economic growth, as measured by the percent change in measures such as gross product and employment. However, its growth rate always has been highly cyclical. During expansionary periods, Arizona always has been among the top states on the rate of growth. During recessions, the Arizona economy generally slumped at a rate similar to the national average, but would experience a rapid recovery. This pattern continued through the economic expansion of the mid-2000s.