Arizona Expected To Out Pace
The Expected US Growth Rate.
Monday, April 9, 2007
In a story dated January 23, 2007, the Phoenix Business Journal reported that Arizona will topple the expected US growth rate of 3 percent in 2007 according to Edward Prescott an Arizona State University economist. Mr. Prescott further stated that Arizona will continue to out pace national trends but cautioned that it will not last forever.
The story also stated that Katie Pushor, the CEO and president of the Greater Phoenix Chamber of Commerce said that Arizona is the second highest state destination for domestic migration behind Florida. She further stated that "people want to move to this state" and "there is an overwhelming perception of opportunity here".
According to Pushor, unemployment is the lowest in 25 years at under 4% and that affordability is really an issue for the workforce. Read the article.
The story also stated that Katie Pushor, the CEO and president of the Greater Phoenix Chamber of Commerce said that Arizona is the second highest state destination for domestic migration behind Florida. She further stated that "people want to move to this state" and "there is an overwhelming perception of opportunity here".
According to Pushor, unemployment is the lowest in 25 years at under 4% and that affordability is really an issue for the workforce. Read the article.
posted by Team Best Phoenix at
4:00 PM
