The average hourly earnings for all private sector employees in Arizona was $23.99 in 2016. (Bureau of Labor Statistics Current Employment Survey)
Arizona's largest export partners in 2016 were: Mexico ($8.3 billion), Canada ($2.1 billion), South Korea ($1.3 billion), China ($1.2 billion) and the United Kingdom ($858 million). (Global Trade Atlas)
Phoenix and Tucson metropolitan regions account for more than 81% of Arizona's population and 88% of all economic activity. (Arizona Office of Economic Opportunity; Bureau of Economic Analysis)
Rural areas in Arizona, including Flagstaff, Kingman, Lake Havasu City, Prescott, Sierra Vista, Douglas, and Yuma account for almost 19% of Arizona's population and 12% of all economic activity. (Arizona Office of Economic Opportunity; Bureau of Economic Analysis)
From 1997 to 2016, Arizona's population increased from 4.6 to 6.8 million, a 48 percent increase. While the population growth rate slowed during and after the Great Recession, Arizona was able to maintain a leading growth rate, with an increase of 6.8 percent from 2010 to 2016. (Arizona Office of Economic Opportunity)
Arizona is the 21st largest state in the country as measured by real GDP, and 14th by population size. (Bureau of Economic Analysis; U.S. Census 2016 population estimates)
Arizona regained all nonfarm jobs lost during the Great Recession in March 2017. (Bureau of Labor Statistics Economy at a Glance)
Arizona employment in the financial activities sector increased 4.3 percent in 2016. Arizona ranked #2 in the nation for job growth in financial activities in 2016. (ASU Job Growth Update, 2016)
Job growth in Arizona was the 9th fastest in the country in 2016, up by 2.5 percent. (ASU Job Growth Update)
Education and health services was the only sector in Arizona that gained jobs during the Great Recession, making it "recession-resistant." (Bureau of Labor Statistics Economy at a Glance)
Arizona's gross state product in 2016 was $303 billion. The top three industries that comprise the state figure include: finance & insurance ($68.5 billion), professional services ($35.7 billion) and manufacturing ($24.7 billion). (Bureau of Economic Analysis)
Arizona's total international trade (imports + exports) was $41.7 billion in 2016. (Global Trade Atlas, 2016)
Arizona's exports were $22.0 billion in 2016. (Global Trade Atlas, 2016)