Arizona’s Budget Bolsters Economic Momentum

PHOENIX, AZ (June 28, 2022) — Sandra Watson, President and CEO of the Arizona Commerce Authority, released the following statement on the signing of Arizona’s budget.

“Upon taking office in 2015, Governor Ducey got to work enhancing Arizona’s global business competitiveness. Today, we’re seeing the fruits of those efforts. We’ve added hundreds of thousands of jobs and people. Unemployment is the lowest in modern history. Our economy is diversified, small businesses are growing, and all over our state, new opportunities are flourishing.

“Arizona’s budget ensures we remain the go-to place for advanced manufacturing and emerging technologies. It invests in workforce development, education, infrastructure, water security, and more - areas crucial to Arizona’s long-term prosperity.

“I commend Governor Ducey and our legislators, especially President Karen Fann, Speaker Rusty Bowers, Senate Minority Leader Rebecca Rios, and House Democratic Leader Reginald Bolding, for working together on this bipartisan budget. Arizona’s future is very bright, and we look forward to building on our incredible momentum.”

Find more information on Arizona’s budget HERE.

Media Contact

Alyssa Tufts, Arizona Commerce Authority, [email protected]

About the Arizona Commerce Authority
The Arizona Commerce Authority (ACA) is the state's leading economic development organization with a streamlined mission to grow and strengthen Arizona's economy. The ACA uses a three-pronged approach to advance the overall economy: attract, expand, create - attract out-of-state companies to establish operations in Arizona; work with existing companies to expand their business in Arizona and beyond; and help entrepreneurs create new Arizona businesses in targeted industries. For more information, please visit azcommerce.com and follow the ACA on Twitter @azcommerce.