O C T O B E R

The Arizona
Growth Machine
By William P. Patton, Ph.D.
Senior Research Economist
September 4, 2007

The Arizona population has been growing
rapidly for more than a decade. This
growth is creating a host of challenges
and opportunities for local, county, and
state officials. They must balance the
positive benefits of economic growth
versus the negative externalities, such as
environmental degradation, urban sprawl,
traffic congestion, and depletion of the
natural resource base (particularly water).

INSIDE:
A New Report: A Strategic
Assessment of the Economic
Benefits of Investments in Research
in Arizona.............................................2
Arizona 8th in Mortgage
Foreclosures.........................................4
Arizona Economic Indicators..........5

Public officials must also find ways to provide
infrastructure in a timely manner and develop a
large enough tax base to fund the necessary level
of investment. These pressures are particularly
intense for rural areas that, due to their limited
economic base, and their small population and tax
base, have a difficult time supporting rapid population growth.
The Phoenix Metroplex is a growth magnet, not
only for the city, but also for the towns, communities, and counties surrounding it. Recently, Phoenix
became the 5th largest city in the United States.
Similarly, Maricopa County added 696,000 residents
between 2000 and 2005, recording the largest population gain of any county in the United States.
The rapid population growth in Phoenix has radiated out to the surrounding communities.
Currently, Phoenix and its suburbs account for nine
of the ten largest cities in the state. Many of these
cities have transitioned from a largely agricultural
economy into an urban based economic structure
within a very short period of time.
The Arizona population continues to grow faster
than the national population, propelled by strong
net in-migration. Arizona has been the second
fastest growing state in the U.S. over the period
2000-2005. In fact, the Arizona population has
been growing at a rate over three times that of the
U.S. population since 1990.
The massive population in-migration into
Arizona is the result of many factors. People move

2 0 0 7

•

F A L L

here for many reasons, including employment
opportunities, higher education, military
assignment, winter relocation, and retirement.
The migrants into Arizona tend to come from
California, the Midwest, New York, and the
Pacific Northwest. California alone accounted
for 30 percent of the total net migration into
Arizona in 2000. According to the 2000 U.S.
Census, Arizona had a positive net migration
balance with all of the U.S. states except for
Nevada, Georgia, and Arkansas. The net migration from Georgia and Arkansas is slightly negative, but it is virtually at a zero balance.
The population growth in Arizona is not distributed evenly around the State. Table 1
shows the population growth rates for the
fastest and slowest three Arizona Counties, as
compared the State.
The highest growth rate is in Pinal County,
which has grown by 50 percent since 2000,
largely due to its central location along I-10,
between Phoenix and Tucson. At the other end
of the spectrum is Greenlee County, which has
lost nearly ten percent of its population in the
last five years. While some smaller counties in
the state are dealing with demands of rapid
growth, others are struggling to survive economically due to lack of growth.
The rapid population growth rates experienced at the state and county levels are magnified at the local level. Table 2 shows the most

TABLE 1
Top and Bottom Arizona Counties
by Growth Rate, 2000-2005
County
Pinal
Mohave
Yavapai
State of Arizona
Gila
Graham
Greenlee

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I S S U E

%Change in Population
50.8%
24.5%
24.2%
20.2%
1.7%
0.5%
-9.5%

rapidly growing cities and towns in Arizona since 2000.
Some of these rapidly growing communities are
experiencing a host of growing pains. For example,
Sahuarita has outgrown its wastewater treatment
capacity and is temporarily trucking sewage to Green
Valley for treatment. Similarly, Marana is attempting to
obtain treated effluent water to meet state
requirements otherwise it could be forced to curtail
growth. Many other communities are dealing with
similar issues.
The Arizona population is going to continue to grow
at a strong clip for the foreseeable future. State and
local governmental agencies are going to have to have
to plan ahead for this growth and provide adequate
levels of public infrastructure. These government agencies must seek creative ways to finance the requirements of a larger population. Importantly, they must
also find opportunities for smart growth and sustainable growth options. ■

TABLE 2
Most Rapidly Growing Cities and Towns
in Arizona Since 2000
City or Town
Maricopa City
Sahuarita
Queen Creek
El Mirage
Buckeye
Surprise
Goodyear
Marana

%Change in Population
1,643%
456%
333%
329%
274%
218%
163%
124%

A New Report: A Strategic Assessment of the Economic Benefits of
Investments in Research in Arizona
Authors from The Economic and Business
Research Center at the Eller College of
Management and The William Seidman
Research Institute at ASU’s W.P. Carey School
of Business have collaborated on a new report
for the Science Foundation Arizona (SFAz) on
economic benefits of investments in research.
Although the U.S. economy – and that of
Arizona – has shown tremendous growth over the
past 15 years, serious concerns have been raised
regarding scientific and technological foundations
that have been essential to past economic
success. The National Academy of Sciences has
expressed “deep concern that the scientific and

2.

technological building blocks critical to our
economic leadership are eroding at a time when
many other nations are gathering strength.” Their
report prescribes policy actions designed to bolster
science education, increase federal investments in
research, set targets for education and skill
attainment in the workforce, and establish a
fiscal/regulatory environment that fosters
innovation. The Council of Competitiveness
(compete.org) in its 2006 Competitiveness Index
Study also notes a number of concerns, including
the rapid growth in research and development
(R&D) investments diverted to emerging
economies; the decline in federal R&D investment
as a share of total R&D; the reduction in the share
of domestic students pursuing degrees in science

and technology; the concentration of venture capital in
particular regions of the country; and the lagging
performance of the U.S. educational system in terms of
both attainment levels and test-score achievement.
These concerns are underscored by comparing the
educational attainment of young workers (aged 25 –
34) with older workers (aged 45-54) in different
countries. In Canada, France, Japan, Korea, and Mexico,
younger workers are at least seven percent more likely
to hold an associate’s degree or higher than their older
counterparts. In Germany, the United States and
Arizona, older workers have a higher education
attainment than younger workers. In Arizona, 37
percent of older workers have an associate’s degree or
higher, compared to only 30 percent of younger workers
(for the U.S., comparable figures are 36 percent and 35

Government agencies must seek creative ways to finance the
requirements of a larger population. Importantly, they must also find
opportunities for smart growth and sustainable growth options.

percent for older and younger workers,
respectively). This represents a serious erosion of
the ability of the U.S. and Arizona to meet the
global challenge head-on.
Within the U.S., Arizona ranks 22nd among
states in the 2007 State New Economy Index.
While this is a respectable ranking, concern arises
over the fact that Arizona is among the states
whose ranking has declined the most since the
index was first compiled in 1999. The state’s
performance is very poor on some important
measures, including the knowledge component of
recent migrants from abroad, the importance of
foreign direct investment in the state, and the
index of innovative and entrepreneurial activity
within the state.
Are Americans, and Arizonans in particular,
achieving maximum levels of economic prosperity
today? And even if recent overall performance is
strong, are we prepared to compete in the global
economy in a manner that maintains or improves
future prosperity? The analysis in this technical
report, A Strategic Assessment of the Economic
Benefits in Research in Arizona, helps inform
readers about these issues and builds an
understanding of how a science and engineering
foundation with an emphasis on research can
ensure sustainable economic prosperity.
To better understand these issues, the report
first provides perspective on some big issues,
including competitiveness, the role played by
productivity in achieving economic prosperity, and
a strategic analysis of Arizona’s economic
development plans. Then attention is turned to
the business plan for Arizona and how research
investments can fit with the objectives of this
overall plan.
The economic case for SFAz is laid out in
Chapter 1 and an overview of SFAz’s structure and
programs is provided. Topics include the rational
for a local industrial policy in a knowledge
economy; the importance of universities in

determining the location of innovative activity;
evidence of local economic development from
university research; and a discussion of conditions
favoring the localization of benefits from
university research.
Chapter 2 examines the economic effects of
university research, including input-output or
multiplier impact of research expenditures;
patents, royalties, start-ups, and licenses
connected to universities; university spin-offs and
technology licenses; spillovers from university
research to private-sector R&D; and the
relationship between new firm formation, human
capital, and university research.
The relationship between university research
expenditures and economic performance is
examined in Chapter 3 by comparing urban areas.
The role of patents as a channel of research impact
is also examined.
In Chapter 4, lessons for SFAz are drawn from
an overview of Science Foundation Ireland (SFI).
The origins, structure and programs of SFI are
discussed, along with an assessment of progress
made in Ireland. In addition, a comparison is
made between Ireland and Arizona in order to
assess the relevance of SFI to SFAz.
An inventory of initiatives in other states that
are designed to promote research and innovation
is provided in Chapter 5. All of the initiatives
outlined relate to research in some way: through
grants intended to research, the funding of
research facilities, the establishment of centers or
institutes, or the formalization of private-public
partnerships in research in innovation.
Our readers are strongly encouraged to access
the executive summary and full report online at the
following sites:
http://www.sfaz.org/documents/072039ab.pdf and
http://www.sfaz.org/documents/072044abFull
Report-Final.pdf

SFAz is a nonprofit organization initiated in 2006
by Greater Phoenix Leadership, Southern Arizona
Leadership Council and Flagstaff 40. SFAz’s goal
is to serve as a catalyst in the construction of
knowledge infrastructure in Arizona that will
position the state to compete in the global
economy. It is dedicated to building science,
engineering and medical research capabilities in
the state of Arizona, primarily through strategic
investments in research initiatives. Its governing
board of directors includes both academic and
business persons from around Arizona and
outside the state. In fiscal year 2007, $35
million was approved for the Arizona 21st
Century Competitive Initiative Fund (HB2477).
These funds were distributed on a competitive
basis to nonprofit and research-performing
institutions across the state. Priority is given to
research pursuits capable of attracting
significant funding from other sources. Another
goal of SFAz investments is to help strengthen
science and mathematics in Arizona’s K-12
education system.

In Arizona, 37 percent of older workers
have an associate’s degree or higher,
compared to only 30 percent of younger workers.

3.

Arizona 8th in
Mortgage Foreclosures

EXHIBIT 1
Arizona - Foreclosure Activity
Filings

July 2006 and July 2007

% chg

By Lora Mwaniki-Lyman
Research Economist and Database Manager
The level of foreclosure filings in Arizona is still
on the rise following a slight decrease in June
2007 (Exhibit 1). According to the RealtyTrac Inc.
July 2007 U.S. Foreclosure Market Report released
August 21, 2007, foreclosure filing activities in
Arizona - which include default notices, auction
sale notices and bank repossessions, increased by
2.8% since last month and 189.3% since last year
July. RealtyTrac Inc. is the largest online market
for foreclosed properties. It maintains the largest
and most comprehensive database of foreclosure
and bank-owned properties with nation-wide
coverage and over 1 million properties.
This July, Arizona ranked 8th highest among all
U.S. States in foreclosure filing rates. This amounts
to 1 foreclosure being filed for every 433 households. The worst ranking reported for Arizona in
the last 12 months was in June 2007 when it
ranked 5th highest among all states with 1 foreclosure filing for every 383 households. Total foreclosure filings reported by RealtyTrac in July 2007
were 5,873, up more than double since July of last
year.
The hardest hit metropolitan area in Arizona is
Phoenix-Mesa-Scottsdale Metro Area. In their 2007
mid year Metropolitan Foreclosure Market Report™,
Phoenix-Mesa-Scottsdale MSA reported the 22nd
highest and Tucson MSA the 49th highest foreclosure rates among the 100 largest metropolitan
areas in the United States during the first half of
2007. One foreclosure for every 75 household were
reported filled in Phoenix while Tucson reported
one foreclosure for every 122 households.
The delinquency and foreclosure rates are the

Arizona - MARI Fraud Index (MFI)
for 2002 - 2006 Subprime
Originations
Year
2002
2003
2004
2005
2006

MFI
81
70
84
59
135

Rank in U.S.
19
17
15
19
6

Source: Mortgage Asset Research Institution, 9th
Period case report to Mortgage Bankers Association,
April 2006

likely result of earlier looser underwriting guidelines and borrowers with adjustable-rate-mortgages (ARMs) in the subprime market. According
to reports the nationwide delinquency rate on
subprime loans offered to borrowers with poor
credit rose from 13.8% to 14.8% in the first three
months in 2007. According to the Federal Reserve,
delinquency rates among borrowers holding ARMs
either in the foreclosure stage or with payments
more than 90 days overdue have increased to 12%
from about half that in mid-2005 nationwide.

institutions and their affiliates.
Arizona also ranked 15th for Fannie Mae misrepresentation findings in a May 2007 Fannie Mae Mortgage
Fraud Report. The top two most common types of misrepresentation findings in Arizona are Occupancy (the
borrower’s intent to occupy the subject property was
materially misrepresented) and Credit/Liability related
(Credit, SSN and Liabilities) misrepresentations.
Fannie Mae is a shareholder-owned company regulated by the office of Federal Housing Enterprise
Oversight (OFHEO) in the U.S. Department of Housing
and Urban Development (HUD). Fannie Mae operates in
AZ Experienced Fraudulent Lending the secondary mortgage market to provide liquidity to
Loose underwriting guidelines also provided a
mortgage lenders in the primary market by buying
breeding ground for mortgage fraud, compoundmortgages from companies that comply with their
ing the crisis in the subprime mortgage market.
guidelines and loan limits. These buyers then turn
To bring this to the Arizona perspective, the
around and provide more loans to home buyers. Fannie
Ninth Periodic Mortgage Fraud Case Report to
Mae also offers lenders Mortgage Backed Securities
Mortgage Bankers Association reports that the
(MBS) instead of cash, in exchange for their mortgages.
number of Arizona cases reported to the Mortgage MBS are highly liquid assets that are easy to hold and
Industry Data Exchange (MIDEX) through the first trade in the securities market.
quarter of this year for 2006 originations was
The mortgage fraud reports by both MARI and Fannie
213% of the 2005 cases reported in the same
Mae mainly represent the prime and near-prime martimeframe last year. This represents an increase in kets. Their findings are concerning and could be the tip
reported cases as well as increased effort by
of an iceberg since fraud cases in the subprime market
lenders, insurers and agencies to exchange infor- are still not well documented or reported.
mation on suspicious activities in the mortgage
While Arizona does not appear on the Federal Bureau
industry. The MIDEX database is maintained by the of Investigation’s (FBI’s) top ten fraud areas, it has been
Mortgage Asset Research Institute LLC (MARI).
listed as one of the other areas significantly affected by
In addition to maintaining the MIDEX database, mortgage fraud. Illegal property flipping schemes are
MARI reports a Fraud Index called the MARI Fraud the most common forms of mortgage fraud. Cash-back
Index (MFI). MFI shows how states rank against
deals have also been reported in the Phoenix-Mesaeach other for reported fraud taking place within Scottsdale Metro Area. Cash-back schemes involve a
the same year. In 2006, Arizona managed to rank buyer (with or without the knowledge and cooperation
sixth in the MFI index for 2002 to 2006 subprime of the seller) obtaining a mortgage loan for more than
originations. See table below. As indicated by
the value of the home and pockets the extra cash. This
MARI, Suspicious Activity Reports (SARs) are cur- leads to over priced homes, robs the bank and could
rently submitted by federally insured financial
lead to the bank holding a bad loan. ■

A R I Z O N A E C O N O M I C
I N D I C A T O R S

APACHE COUNTY
Civilian Labor Force, ADES
Employment
Unemployment
Unemployment Rate (%)
Employees on Nonagricultural Payrolls, ADES
Total
Total Private
Goods-Producing
Service-Providing
Trade, Transportation, and Utilities
Other Private Service-Providing
Government
Federal Government
State and Local Government
Sales ($000s) ADOR
Gross Retail
Retail
Restaurants & Bars
Gasoline, EBR
Gallons (000s) ADOT
Contracting
Hotel/Motel
NAVAJO COUNTY
Civilian Labor Force, ADES
Employment
Unemployment
Unemployment Rate (%)
Employees on Nonagricultural Payrolls, ADES
Total
Total Private
Goods-Producing
Mining and Construction
Manufacturing
Service-Providing
Trade, Transportation, and Utilities
Information
Financial Activities
Professional and Business Services
Educational and Health Services
Leisure and Hospitality
Other Services
Government
Federal Government
State and Local Government
Sales ($000s) ADOR
Gross Retail
Retail
Restaurants & Bars
Gasoline, EBR
Gallons (000s) ADOT
Contracting
Hotel/Motel
New Housing Units Authorized, Census C-40 & EBR
Total Units
Single Family Units

% change versus year ago
for most recent:
month
12-months

MAR
2007

APR
2007

MAY
2007

JUN
2007

JUL
2007

19,725
17,750
1,975
10.0

19,600
17,875
1,725
8.8

19,575
18,025
1,550
7.9

19,750
17,975
1,775
9.0

19,875
17,750
2,125
10.7

-1.2
1.1
-17.5
-16.4

0.2
0.5
-2.5
-2.7

19,950
7,125
800
19,150
1,825
4,500
12,825
3,175
9,650

20,125
7,250
800
19,325
1,800
4,650
12,875
3,200
9,675

20,250
7,300
800
19,450
1,800
4,700
12,950
3,275
9,675

19,900
7,550
950
18,950
1,850
4,750
12,350
3,325
9,025

19,325
7,550
1,000
18,325
1,850
4,700
11,775
3,100
8,675

0.7
6.7
25.0
-0.4
-3.9
8.0
-2.9
-1.6
-3.3

0.8
2.7
4.1
0.7
0.3
3.4
-0.2
1.1
-0.6

13,255
5,675
883
6,697
2,456
6,252
961

13,840
6,340
810
6,690
2,268
11,478
1,033

14,090
6,465
903
6,722
2,194
7,671
1,325

14,627
7,223
1,172
6,232
2,130
9,281
1,408

...
...
...
...
...
...
...

-2.3
7.6
8.1
-13.2
-14.8
46.7
-1.6

-6.6
-1.4
-5.7
-11.8
-11.6
3.0
5.8

36,550
33,875
2,675
7.3

36,050
33,625
2,425
6.7

36,575
34,475
2,100
5.7

36,725
34,350
2,375
6.5

37,100
34,325
2,775
7.5

-3.1
-1.9
-15.3
-12.6

-1.5
-1.0
-7.5
-6.2

29,425
19,150
3,875
3,025
850
25,550
6,100
825
625
1,050
3,425
2,525
725
10,275
1,550
8,725

29,250
19,350
3,975
3,125
850
25,275
6,075
800
625
1,100
3,400
2,600
775
9,900
1,575
8,325

29,875
19,775
4,125
3,250
875
25,750
6,200
775
625
1,075
3,400
2,800
775
10,100
1,675
8,425

29,000
19,775
4,175
3,325
850
24,825
6,125
775
625
1,100
3,275
2,875
825
9,225
1,750
7,475

28,750
19,875
4,275
3,425
850
24,475
6,225
775
625
1,100
3,175
2,950
750
8,875
1,575
7,300

-3.0
-1.5
1.2
5.4
-12.8
-3.7
2.0
-3.1
-3.8
-8.3
2.4
-9.9
-9.1
-6.3
-3.1
-7.0

-0.9
1.6
5.0
9.1
-7.6
-1.8
5.8
4.8
-0.6
-7.9
3.2
-7.1
-6.6
-5.6
-3.0
-6.1

86,479
66,237
7,120
13,122
4,813
19,780
2,260

88,542
61,458
7,941
19,143
6,491
22,197
2,696

96,177
70,550
9,598
16,029
5,231
23,767
3,021

97,208
72,540
9,104
15,564
5,319
28,465
3,496

...
...
...
...
...
...
...

2.5
1.0
1.4
10.7
8.6
14.8
-1.1

3.6
3.2
9.0
2.6
2.6
7.6
10.0

125
116

98
92

118
110

127
105

94
78

-13.3
-22.2

-26.4
-21.9

See sources and abbreviations at the bottom of page 12. • For additional detail and history, subscribe to Arizona Economic Indicators Data Book.
www.ebr .eller .ar izona.e du

5.

A R I Z O N A E C O N O M I C
I N D I C A T O R S

GRAHAM COUNTY
Civilian Labor Force, ADES
Employment
Unemployment
Unemployment Rate (%)
Employees on Nonagricultural Payrolls, ADES
Total
Total Private
Goods-Producing
Service-Providing
Trade, Transportation, and Utilities
Other Private Service-Providing
Government
Federal Government
State and Local Government
Sales ($000s) ADOR
Gross Retail
Retail
Restaurants & Bars
Gasoline, EBR
Gallons (000s) ADOT
Contracting

COCONINO COUNTY
Civilian Labor Force, ADES
Employment
Unemployment
Unemployment Rate (%)
Employees on Nonagricultural Payrolls, ADES
Total
Total Private
Goods-Producing
Mining and Construction
Manufacturing
Service-Providing
Trade, Transportation, and Utilities
Information
Financial Activities
Professional and Business Services
Educational and Health Services
Leisure and Hospitality
Other Services
Government
Federal Government
State and Local Government
Sales ($000s) ADOR
Gross Retail
Retail
Restaurants & Bars
Gasoline, EBR
Gallons (000s) ADOT
Contracting
Hotel/Motel
New Housing Units Authorized, Census C-40 & EBR
Total Units
Single Family Units

APR
2007

MAY
2007

JUN
2007

JUL
2007

14,225
13,625
600
4.2

14,250
13,675
575
4.0

14,350
13,850
500
3.5

14,325
13,725
600
4.2

14,475
13,825
650
4.5

11.1
12.4
-10.3
-19.3

11.9
13.2
-10.0
-19.7

8,800
5,950
1,300
7,500
1,750
2,900
2,850
450
2,400

9,000
6,150
1,425
7,575
1,775
2,950
2,850
425
2,425

8,925
6,125
1,425
7,500
1,775
2,925
2,800
425
2,375

8,500
6,100
1,450
7,050
1,800
2,850
2,400
475
1,925

8,425
6,075
1,525
6,900
1,775
2,775
2,350
475
1,875

11.2
19.7
96.8
1.5
10.9
2.8
-6.0
5.6
-8.5

12.0
16.8
80.5
5.4
9.1
5.6
3.0
12.0
1.5

25,344
20,198
2,186
2,960
1,086
4,134

25,977
20,947
2,296
2,733
927
4,104

28,145
22,296
2,277
3,571
1,165
5,321

27,328
22,142
2,363
2,822
965
4,670

...
...
...
...
...
...

18.5
19.4
11.6
17.7
15.5
21.5

19.1
20.1
14.3
15.2
15.8
20.2

67,200
64,300
2,900
4.3

67,600
65,100
2,500
3.7

67,700
65,600
2,100
3.1

69,600
67,100
2,500
3.6

71,000
68,100
2,900
4.1

0.1
1.0
-17.1
-17.3

0.8
1.3
-9.7
-10.3

63,300
43,800
7,100
3,300
3,800
56,200
9,800
400
1,700
3,400
7,100
12,400
1,900
19,500
2,600
16,900

64,100
44,500
7,100
3,300
3,800
57,000
9,900
400
1,700
3,400
7,200
12,800
2,000
19,600
2,700
16,900

64,400
45,100
7,200
3,400
3,800
57,200
10,000
400
1,700
3,500
7,100
13,200
2,000
19,300
3,000
16,300

65,100
45,700
7,400
3,500
3,900
57,700
10,100
400
1,700
3,500
7,000
13,600
2,000
19,400
3,100
16,300

65,200
46,100
7,500
3,600
3,900
57,700
10,100
400
1,700
3,400
6,900
14,000
2,100
19,100
2,900
16,200

-0.5
-0.9
-1.3
-7.7
5.4
-0.3
1.0
-20.0
-5.6
-2.9
-1.4
-0.7
5.0
0.5
-3.3
1.3

1.4
1.7
4.4
-0.5
9.4
1.0
1.8
-6.9
-0.0
-0.2
-0.2
2.2
2.6
0.7
-6.1
2.0

140,907
86,408
31,554
22,946
8,416
33,586
15,732

140,419
88,696
28,301
23,421
7,942
31,192
20,901

152,369
95,686
29,696
26,987
8,807
33,133
23,564

159,268
99,336
33,916
26,016
8,891
46,400
26,048

...
...
...
...
...
...
...

1.0
2.1
5.3
-7.7
-9.4
28.1
5.3

4.1
4.4
7.7
-1.2
-0.4
7.0
5.8

36
36

44
44

42
42

43
43

53
53

-12.3
-9.3

-54.5
-54.4

See sources and abbreviations at the bottom of page 12. • For additional detail and history, subscribe to Arizona Economic Indicators Data Book.
6.

% change versus year ago
for most recent:
month
12-months

MAR
2007

A R I Z O N A E C O N O M I C
I N D I C A T O R S

GREENLEE COUNTY
Civilian Labor Force, ADES
Employment
Unemployment
Unemployment Rate (%)
Employees on Nonagricultural Payrolls, ADES
Total
Total Private
Goods-Producing
Service-Providing
Trade, Transportation, and Utilities
Other Private Service-Providing
Government
Federal Government
State and Local Government
Sales ($000s) ADOR
Gross Retail
Retail
Restaurants & Bars
Gasoline, EBR
Gallons (000s) ADOT
Contracting
Hotel/Motel*

% change versus year ago
for most recent:
month
12-months

MAR
2007

APR
2007

MAY
2007

JUN
2007

JUL
2007

4,075
3,925
150
3.7

4,075
3,950
125
3.1

4,125
4,000
125
3.0

4,075
3,950
125
3.1

4,150
4,000
150
3.6

12.2
12.7
0.0
-10.8

12.5
13.1
-1.4
-12.5

4,725
4,200
3,475
1,250
325
400
525
25
500

4,775
4,250
3,500
1,275
325
425
525
25
500

4,900
4,325
3,575
1,325
350
400
575
50
525

4,950
4,375
3,625
1,325
350
400
575
50
525

4,975
4,450
3,700
1,275
325
425
525
50
475

15.7
16.3
18.4
8.5
18.2
0.0
10.5
0.0
11.8

18.7
20.9
23.3
8.0
15.4
7.7
4.1
0.0
4.5

11,281
9,960
526
795
292
7,883
659

11,054
9,843
315
896
304
9,112
539

11,546
10,299
394
853
278
7,999
994

11,555
10,553
252
750
256
10,604
1,327

...
...
...
...
...
...
...

0.3
1.8
-6.6
-15.5
-17.1
59.1
112.9

-42.0
-46.8
15.8
-4.8
-4.1
108.9
31.5

96,100
92,400
3,700
3.9

96,900
93,300
3,600
3.7

96,100
93,100
3,000
3.1

97,900
94,500
3,400
3.5

98,700
95,000
3,700
3.7

3.2
3.7
-7.5
-10.4

3.4
3.8
-5.4
-8.6

65,100
53,300
12,900
9,100
3,800
52,200
12,400
600
2,500
5,200
9,400
8,200
2,100
11,800
1,200
10,600

65,700
53,900
13,000
9,100
3,900
52,700
12,500
600
2,400
5,400
9,500
8,500
2,000
11,800
1,200
10,600

65,600
53,900
12,900
9,100
3,800
52,700
12,700
600
2,500
5,300
9,500
8,400
2,000
11,700
1,200
10,500

65,100
54,200
13,100
9,300
3,800
52,000
12,600
600
2,500
5,500
9,300
8,600
2,000
10,900
1,300
9,600

65,000
54,500
13,300
9,400
3,900
51,700
12,700
600
2,500
5,500
9,100
8,800
2,000
10,500
1,300
9,200

2.7
2.8
-0.7
-1.1
0.0
3.6
4.1
0.0
4.2
10.0
1.1
6.0
-4.8
1.9
0.0
2.2

4.2
4.1
2.8
3.4
1.3
4.6
4.1
0.0
3.5
7.3
5.7
4.7
-1.6
4.6
4.9
4.5

185,566
138,733
24,640
22,192
8,139
61,254
10,565

180,052
132,358
25,648
22,045
7,475
64,682
12,447

187,943
138,740
25,251
23,951
7,816
61,849
10,674

185,067
140,428
23,665
20,974
7,168
69,450
9,978

...
...
...
...
...
...
...

3.3
4.4
5.1
-5.5
-7.3
-10.8
18.2

2.2
1.6
6.2
2.5
3.4
-7.0
7.2

133
131

144
141

133
129

156
153

132
130

-29.6
-30.8

-53.4
-54.9

* Includes Graham County data.
YAVAPAI COUNTY
Civilian Labor Force, ADES
Employment
Unemployment
Unemployment Rate (%)
Employees on Nonagricultural Payrolls, ADES
Total
Total Private
Goods-Producing
Mining and Construction
Manufacturing
Service-Providing
Trade, Transportation, and Utilities
Information
Financial Activities
Professional and Business Services
Educational and Health Services
Leisure and Hospitality
Other Services
Government
Federal Government
State and Local Government
Sales ($000s) ADOR
Gross Retail
Retail
Restaurants & Bars
Gasoline, EBR
Gallons (000s) ADOT
Contracting
Hotel/Motel
New Housing Units Authorized, Census C-40 & EBR
Total Units
Single Family Units

See sources and abbreviations at the bottom of page 12. • For additional detail and history, subscribe to Arizona Economic Indicators Data Book.
www.e br .e lle r .ar izona.edu

7.

A R I Z O N A E C O N O M I C
I N D I C A T O R S

GILA COUNTY
Civilian Labor Force, ADES
Employment
Unemployment
Unemployment Rate (%)
Employees on Nonagricultural Payrolls, ADES
Total
Total Private
Goods-Producing
Service-Providing
Trade, Transportation, and Utilities
Other Private Service-Providing
Government
Federal Government
State and Local Government
Sales ($000s) ADOR
Gross Retail
Retail
Restaurants & Bars
Gasoline, EBR
Gallons (000s) ADOT
Contracting
Hotel/Motel
MOHAVE COUNTY
Civilian Labor Force, ADES
Employment
Unemployment
Unemployment Rate (%)
Employees on Nonagricultural Payrolls, ADES
Total
Total Private
Goods-Producing
Mining and Construction
Manufacturing
Service-Providing
Trade, Transportation, and Utilities
Information
Financial Activities
Professional and Business Services
Educational and Health Services
Leisure and Hospitality
Other Services
Government
Federal Government
State and Local Government
Sales ($000s) ADOR
Gross Retail
Retail
Restaurants & Bars
Gasoline, EBR
Gallons (000s) ADOT
Contracting
Hotel/Motel
New Housing Units Authorized, Census C-40 & EBR
Total Units
Single Family Units

APR
2007

MAY
2007

JUN
2007

JUL
2007

20,225
19,225
1,000
4.9

20,650
19,725
925
4.5

20,900
20,125
775
3.7

21,150
20,250
900
4.3

21,450
20,500
950
4.4

3.0
4.3
-19.1
-21.5

1.1
2.0
-13.9
-14.9

14,375
9,725
2,675
11,700
2,325
4,725
4,650
450
4,200

14,700
9,875
2,725
11,975
2,325
4,825
4,825
450
4,375

15,000
10,050
2,800
12,200
2,400
4,850
4,950
525
4,425

14,850
10,175
2,925
11,925
2,375
4,875
4,675
550
4,125

14,775
10,150
3,025
11,750
2,325
4,800
4,625
550
4,075

3.1
3.3
14.2
0.6
-1.1
-0.5
2.8
-4.3
3.8

2.7
4.5
16.7
-0.1
1.4
0.0
-1.0
-4.4
-0.6

38,639
25,904
4,670
8,065
2,958
9,989
1,140

39,170
25,250
5,324
8,595
2,915
11,471
1,418

42,301
27,503
5,186
9,612
3,137
8,642
1,491

41,921
27,893
5,743
8,285
2,831
8,300
1,716

...
...
...
...
...
...
...

11.7
16.7
2.1
3.5
1.5
-22.9
23.8

5.1
5.4
7.7
2.1
2.1
5.8
8.7

92,500
88,100
4,400
4.8

92,100
88,000
4,100
4.5

92,275
88,650
3,625
3.9

92,125
88,225
3,900
4.2

92,400
88,075
4,325
4.7

-0.4
-0.5
1.8
2.2

1.3
1.0
7.8
6.4

56,000
47,400
10,875
7,050
3,825
45,125
11,675
1,000
2,725
3,800
7,400
7,175
2,750
8,600
475
8,125

55,875
47,175
10,725
6,975
3,750
45,150
11,550
1,000
2,800
3,825
7,450
7,050
2,775
8,700
475
8,225

55,500
46,900
10,600
6,900
3,700
44,900
11,500
1,025
2,800
3,850
7,425
6,900
2,800
8,600
525
8,075

54,775
46,625
10,500
6,850
3,650
44,275
11,425
1,075
2,825
3,850
7,350
6,800
2,800
8,150
550
7,600

53,825
45,825
10,425
6,825
3,600
43,400
11,350
1,000
2,825
3,625
7,200
6,750
2,650
8,000
550
7,450

-1.6
-3.4
-12.0
-11.9
-12.2
1.3
-1.9
-2.4
5.6
-9.4
4.0
-1.5
5.0
10.0
0.0
10.8

0.8
-0.2
-5.4
-5.2
-5.8
2.5
-1.3
4.5
10.9
-5.7
5.9
1.2
5.3
6.7
-3.2
7.4

182,011
134,685
19,544
27,782
10,190
53,162
2,896

173,641
124,007
20,260
29,373
9,960
50,793
5,572

180,894
129,755
19,620
31,519
10,286
44,814
4,992

172,925
125,416
18,719
28,790
9,839
52,820
4,865

...
...
...
...
...
...
...

-5.2
-7.5
-0.7
2.5
0.5
-26.5
-7.8

-3.2
-3.7
6.3
-7.0
-7.0
-16.3
-0.7

172
171

102
96

105
104

77
76

121
105

-8.5
-15.1

-51.6
-51.5

See sources and abbreviations at the bottom of page 12. • For additional detail and history, subscribe to Arizona Economic Indicators Data Book.
8.

% change versus year ago
for most recent:
month
12-months

MAR
2007

A R I Z O N A E C O N O M I C
I N D I C A T O R S

LA PAZ COUNTY
Civilian Labor Force, ADES
Employment
Unemployment
Unemployment Rate (%)
Employees on Nonagricultural Payrolls, ADES
Total
Total Private
Goods-Producing
Service-Providing
Trade, Transportation, and Utilities
Other Private Service-Providing
Government
Federal Government
State and Local Government
Sales ($000s) ADOR
Gross Retail
Retail
Restaurants & Bars
Gasoline, EBR
Gallons (000s) ADOT
Contracting
Hotel/Motel
YUMA METROPOLITAN REGION
Civilian Labor Force, ADES
Employment
Unemployment
Unemployment Rate (%)
Employees on Nonagricultural Payrolls, ADES
Total
Total Private
Goods-Producing
Mining and Construction
Manufacturing
Service-Providing
Trade, Transportation, and Utilities
Information
Financial Activities
Professional and Business Services
Educational and Health Services
Leisure and Hospitality
Other Services
Government
Federal Government
State and Local Government
Sales ($000s) ADOR
Gross Retail
Retail
Restaurants & Bars
Gasoline, EBR
Gallons (000s) ADOT
Contracting
Hotel/Motel
New Housing Units Authorized, Census C-40 & EBR
Total Units
Single Family Units

% change versus year ago
for most recent:
month
12-months

MAR
2007

APR
2007

MAY
2007

JUN
2007

JUL
2007

7,650
7,225
425
5.6

7,450
7,050
400
5.4

7,500
7,150
350
4.7

7,475
7,100
375
5.0

7,750
7,350
400
5.2

0.6
1.7
-15.8
-16.3

0.4
1.3
-12.6
-13.1

5,600
2,900
500
5,100
1,350
1,050
2,700
300
2,400

5,575
2,850
475
5,100
1,325
1,050
2,725
300
2,425

5,600
2,825
450
5,150
1,325
1,050
2,775
300
2,475

5,400
2,725
375
5,025
1,325
1,025
2,675
300
2,375

5,500
2,725
375
5,125
1,325
1,025
2,775
300
2,475

3.8
-6.0
-21.1
6.2
1.9
-8.9
15.6
-7.7
19.3

2.0
-4.8
-4.3
2.6
2.1
-12.4
10.3
11.9
10.1

22,801
12,420
2,410
7,970
2,923
2,221
713

35,444
9,432
2,151
23,860
8,091
5,246
476

21,828
10,594
1,860
9,374
3,059
2,172
562

19,469
8,697
2,357
8,415
2,876
2,353
500

...
...
...
...
...
...
...

8.2
-9.9
19.6
32.3
29.7
-13.1
-6.6

9.2
-1.0
4.2
27.2
24.7
0.3
-1.3

74,600
67,100
7,500
10.1

74,000
64,400
9,600
13.0

76,300
62,600
13,700
18.0

75,900
63,600
12,300
16.2

79,500
64,000
15,500
19.5

0.4
1.9
-5.5
-5.8

-0.1
0.5
-3.8
-3.8

55,200
40,300
8,200
4,900
3,300
47,000
11,700
1,300
1,500
3,500
6,400
6,000
1,700
14,900
3,300
11,600

53,000
38,200
7,500
4,800
2,700
45,500
10,500
1,300
1,500
3,500
6,400
5,900
1,600
14,800
3,400
11,400

51,800
37,200
7,300
4,800
2,500
44,500
10,100
1,300
1,500
3,500
6,300
5,700
1,500
14,600
3,400
11,200

51,700
37,000
7,300
4,700
2,600
44,400
9,900
1,400
1,500
3,600
6,100
5,700
1,500
14,700
3,400
11,300

50,600
36,300
7,100
4,600
2,500
43,500
9,800
1,400
1,500
3,600
6,000
5,400
1,500
14,300
3,500
10,800

3.9
1.1
-5.3
-9.8
4.2
5.6
0.0
16.7
0.0
-2.7
5.3
8.0
0.0
11.7
9.4
12.5

1.1
0.0
-4.2
-6.1
-0.6
2.0
-0.1
14.1
-3.2
-1.4
2.9
2.7
-1.6
3.8
6.0
3.2

180,898
134,255
20,601
26,041
9,551
43,686
5,156

144,290
104,131
16,846
23,313
7,905
34,153
4,889

140,715
100,921
15,590
24,203
7,898
38,840
3,171

133,011
95,177
16,014
21,820
7,457
37,286
2,908

...
...
...
...
...
...
...

3.8
2.0
10.1
7.9
5.8
-7.9
-3.5

3.6
4.8
5.3
-3.4
-3.9
-1.9
10.3

75
75

55
55

62
62

79
79

101
101

13.2
13.2

-47.3
-47.2

See sources and abbreviations at the bottom of page 12. • For additional detail and history, subscribe to Arizona Economic Indicators Data Book.
www.ebr .eller .ar izona.e du

9.

A R I Z O N A E C O N O M I C
I N D I C A T O R S

SANTA CRUZ COUNTY
Civilian Labor Force, ADES
Employment
Unemployment
Unemployment Rate (%)
Employees on Nonagricultural Payrolls, ADES
Total
Total Private
Goods-Producing
Service-Providing
Trade, Transportation, and Utilities
Other Private Service-Providing
Government
Federal Government
State and Local Government
Sales ($000s) ADOR
Gross Retail
Retail
Restaurants & Bars
Gasoline, EBR
Gallons (000s) ADOT
Contracting
Hotel/Motel
New Housing Units Authorized, Census C-40 & EBR
Total Units
Single Family Units
COCHISE COUNTY
Civilian Labor Force, ADES
Employment
Unemployment
Unemployment Rate (%)
Employees on Nonagricultural Payrolls, ADES
Total
Total Private
Goods-Producing
Mining and Construction
Manufacturing
Service-Providing
Trade, Transportation, and Utilities
Information
Financial Activities
Professional and Business Services
Educational and Health Services
Leisure and Hospitality
Other Services
Government
Federal Government
State and Local Government
Sales ($000) ADOR
Gross Retail
Retail
Restaurants & Bars
Gasoline, EBR
Gallons (000s) ADOT
Contracting
Hotel/Motel
New Housing Units Authorized, Census C-40 & EBR
Total Units
Single Family Units

APR
2007

MAY
2007

JUN
2007

JUL
2007

16,300
15,225
1,075
6.6

16,150
15,200
950
5.9

16,100
15,225
875
5.4

16,100
15,025
1,075
6.7

16,550
15,025
1,525
9.2

2.0
2.4
-1.6
-3.5

1.6
1.7
0.5
-1.5

13,975
10,500
1,150
12,825
5,350
4,000
3,475
1,375
2,100

13,925
10,450
1,100
12,825
5,325
4,025
3,475
1,375
2,100

13,875
10,375
1,100
12,775
5,250
4,025
3,500
1,400
2,100

13,475
10,100
1,100
12,375
4,925
4,075
3,375
1,400
1,975

13,275
9,950
1,100
12,175
4,725
4,125
3,325
1,400
1,925

1.1
-0.3
-2.2
1.5
-3.6
4.4
5.6
7.7
4.1

1.8
2.3
2.3
1.8
-0.6
6.4
0.4
10.9
-5.6

47,338
35,976
4,774
6,588
2,416
8,720
1,371

46,201
35,176
4,653
6,372
2,161
8,118
1,403

43,949
32,993
4,201
6,755
2,204
8,864
1,469

45,305
34,199
5,000
6,106
2,087
10,306
1,146

...
...
...
...
...
...
...

11.7
6.5
54.4
17.2
15.0
-16.3
7.3

8.4
9.5
13.9
-1.1
-1.3
4.3
-3.8

28
26

43
38

41
39

52
49

69
60

23.0
18.0

-34.0
-31.1

55,875
53,375
2,500
4.5

55,975
53,625
2,350
4.2

55,875
53,900
1,975
3.5

56,400
54,150
2,250
4.0

56,625
54,200
2,425
4.3

-0.0
0.6
-13.4
-13.4

0.8
1.2
-7.1
-7.9

37,900
25,775
3,675
2,750
925
34,225
6,725
425
950
4,900
4,050
4,075
975
12,125
4,650
7,475

38,100
26,000
3,725
2,775
950
34,375
6,750
425
950
4,975
4,075
4,150
950
12,100
4,650
7,450

38,150
26,000
3,725
2,800
925
34,425
6,850
425
950
4,950
4,025
4,100
975
12,150
4,675
7,475

37,900
25,975
3,725
2,800
925
34,175
6,850
425
950
5,000
4,000
4,075
950
11,925
4,750
7,175

37,225
25,725
3,675
2,750
925
33,550
6,750
425
975
4,950
4,025
3,975
950
11,500
4,750
6,750

-0.4
0.6
0.0
-2.7
8.8
-0.4
1.5
-5.6
-7.1
3.7
1.9
-0.6
-7.3
-2.5
-4.0
-1.5

1.3
2.2
3.2
1.8
7.6
1.1
2.2
-5.1
-5.6
6.6
1.0
1.9
-4.1
-0.5
-4.2
2.1

96,326
69,778
11,787
14,761
5,414
27,311
4,359

88,968
63,980
10,693
14,295
4,848
25,774
4,212

90,370
64,417
10,507
15,445
5,040
27,637
3,714

92,004
68,040
10,670
13,294
4,543
28,836
3,990

...
...
...
...
...
...
...

18.4
22.1
15.6
4.6
2.6
1.4
50.9

6.1
7.1
12.4
-3.3
-3.4
12.2
16.3

68
64

68
64

64
60

48
46

91
86

-12.0
-12.0

-35.5
-34.5

See sources and abbreviations at the bottom of page 12. • For additional detail and history, subscribe to Arizona Economic Indicators Data Book.
10.

% change versus year ago
for most recent:
month
12-months

MAR
2007

A R I Z O N A E C O N O M I C
I N D I C A T O R S

TUCSON METROPOLITAN REGION (PIMA)
Civilian Labor Force (000s) ADES
Employment
Unemployment
Unemployment Rate, Seas. Adj. (%)
Employees on Nonagricultural Payrolls (000s) ADES
Total
Natural Resources and Mining
Construction
Manufacturing
Computer and Electronic Prod.
Aerospace Products and Parts
Wholesale Trade
Retail Trade
Transp., Warehousing, and Utilities
Information
Financial Activities
Professional and Business Services
Educational and Health Services
Arts, Entertainment, and Recreation
Accommodation
Food Svcs and Drinking Places
Other Services
Federal Government
State and Local Government
State and Local Government Education
Sales ($000s) ADOR
Aggregate Retail Sales
Retail
Food, EBR
Restaurants & Bars
Gasoline, EBR
Contracting
Hotel/Motel
New Housing Units Authorized, Census C-40 & EBR
Total Units
Single Family Units
2-5-plus Unit Structures
Housing Sales and Prices, TAR
Total Sales ($000s)
Total Units
Average Price ($)
Tucson International Airport, TAA
Total Passengers
Total Aircraft Movements

APR
2007

MAY
2007

JUN
2007

JUL
2007

455.7
438.4
17.3
3.8

456.5
439.9
16.6
3.8

456.6
442.7
13.9
3.3

453.5
437.6
15.9
3.3

456.1
438.7
17.4
3.5

3.5
4.2
-10.3
-14.6

2.8
3.2
-7.9
-10.8

392.0
1.7
28.0
28.8
4.0
11.7
9.7
43.9
9.3
6.1
17.7
51.1
54.7
6.1
8.2
29.6
16.9
10.6
69.6
43.1

394.2
1.8
28.1
28.8
4.0
11.8
9.7
43.8
9.3
6.1
17.8
51.6
54.9
6.6
8.2
29.8
16.9
10.6
70.2
43.7

393.2
1.7
28.2
28.8
4.0
11.8
9.7
44.2
9.4
6.1
17.8
51.3
55.3
6.4
8.0
29.5
16.8
10.7
69.3
42.6

382.9
1.9
28.1
29.0
4.0
12.0
9.8
44.0
9.2
6.0
17.8
51.2
54.5
6.0
8.0
29.0
16.9
10.7
60.8
32.7

380.1
2.0
27.8
29.2
4.0
12.1
9.9
44.2
9.3
6.0
18.0
51.4
54.6
5.7
7.8
28.0
16.7
10.7
58.8
31.1

2.8
25.0
-2.1
0.0
-9.1
3.4
5.3
4.0
1.1
-13.0
3.4
4.9
5.0
16.3
8.3
4.9
5.0
5.9
-0.8
-3.4

3.5
21.1
5.1
0.2
-8.8
0.9
5.5
2.0
2.3
-10.7
3.0
6.2
4.8
14.1
5.3
3.9
6.8
4.4
1.1
-1.4

1,082,822
707,784
144,561
140,587
89,890
228,017
46,448

986,581
626,907
147,102
129,803
82,768
198,852
37,107

1,025,644
662,590
144,934
121,248
96,872
218,260
27,672

987,580
642,641
142,162
115,638
87,139
210,797
22,426

...
...
...
...
...
...
...

0.9
-2.5
8.1
6.0
10.1
8.1
-1.7

3.2
2.7
6.7
7.2
-3.8
8.4
1.1

566
543
23

612
599
13

643
628
15

646
627
19

539
525
14

-22.4
-21.4
-48.2

...
-37.6
-37.6

358,182
1,318
271,762

359,063
1,287
278,992

368,414
1,313
280,589

365,933
1,226
298,477

295,343
1,098
268,983

-12.1
-10.5
-1.7

-15.2
-15.9
0.4

422,493
23,455

393,426
20,329

382,180
22,330

361,922
21,512

364,717
20,115

7.1
0.5

1.4
-7.9

II
2006

III
2006

IV
2006

I
2007

II
2007

978.2
1.3
3.3
2.0
4.6

984.3
1.3
3.3
2.0
4.7

990.5
1.3
3.3
2.0
4.8

996.6
1.3
3.3
2.0
4.8

1,002.8
1.3
3.3
2.0
4.8

2.5
-0.4
0.4
1.0
5.4

2.5
-0.3
1.5
2.6
4.7

28,624
19,833
2,280
146
5,651
5,274
29,261

29,209
20,202
2,328
148
5,812
5,374
29,674

29,773
20,563
2,372
151
5,937
5,494
30,059

30,331
20,924
2,417
153
6,055
5,616
30,433

30,899
21,288
2,463
156
6,190
5,729
30,813

7.9
7.3
8.0
6.2
9.5
8.6
5.3

8.2
7.6
8.6
5.9
10.8
7.6
5.5

TUCSON METROPOLITAN REGION (PIMA COUNTY) - QUARTERLY DATA

Demographics & Vital Statistics (000s, seas adj) ADHS & EBR
Population
Natural Increase
Births
Deaths
Net Migration
Personal Income by Source ($mil, SAAR) EBR
Total Personal Income
Earnings by Place of Work
Less: Contributions for Social Insurance
Plus: Adjustment for Residence
Plus: Dividends, Interest & Rents
Plus: Transfer Payments
Per Capita Personal Income ($, SAAR) EBR

% change versus year ago
for most recent:
month
12-months

MAR
2007

% change versus year ago
for most recent:
quarter
4-quarters

www.e br .e lle r .ar izona.edu

11.

A R I Z O N A E C O N O M I C
I N D I C A T O R S

PHOENIX-MESA METROPOLITAN REGION (MARICOPA AND PINAL)
Civilian Labor Force (000s) ADES
Employment
Unemployment
Unemployment Rate, Seas. Adj. (%)
Employees on Nonagricultural Payrolls (000s) ADES
Total
Natural Resources and Mining
Construction
Durable Goods
Fabricated Metal Products
Computer and Electronic Prod.
Aerospace Products and Parts
Non-Durable Goods
Wholesale Trade
Retail Trade
Utilities
Transportation and Warehousing
Information
Finance and Insurance
Real Estate, Rental, and Leasing
Professional and Business Services
Educational Services
Health Care and Social Assistance
Arts, Entertainment, and Recreation
Accommodation
Food Svcs and Drinking Places
Other Services
Federal Government
State and Local Government
State and Local Government Education
Sales ($000s) ADOR
Aggregate Retail Sales
Retail
Food, EBR
Restaurants & Bars
Gasoline, EBR
Contracting
Hotel/Motel
New Housing Units Authorized, Census C-40 & EBR
Total Units
Single Family Units
2-4 Unit Structures
5-plus Unit Structures
Housing Sales and Prices, ARMLS
Total Sales ($000s)
Total Units
Average Price ($)
Phoenix Sky Harbor International Airport, PSHIA
Total Passengers
Total Aircraft Movements

MAR
2007

APR
2007

2,049.2
1,980.0
69.2
3.4

% change versus year ago
for most recent:
month
12-months

MAY
2007

JUN
2007

JUL
2007

2,050.1
1,984.1
66.0
3.3

2,057.1
2,001.2
55.9
2.9

2,057.8
1,995.3
62.5
2.9

2,075.2
2,007.7
67.5
3.1

3.0
3.5
-11.4
-13.9

3.7
4.2
-8.8
-12.5

1,959.2
3.0
187.2
112.1
...
40.4
14.8
26.9
89.8
235.7
8.7
55.4
31.3
116.9
41.5
335.8
34.9
166.5
26.7
29.5
136.6
77.9
21.7
221.1
117.6

1,961.9
3.0
186.5
112.2
NA
40.4
14.8
27.1
90.2
235.3
8.7
55.2
31.7
116.6
41.7
337.9
35.0
166.9
27.2
29.6
137.2
77.0
21.7
221.2
117.4

1,963.3
3.1
185.7
112.2
NA
40.3
14.9
27.2
90.1
236.5
8.8
55.2
32.3
116.5
41.5
337.9
35.2
167.4
27.2
29.2
136.7
77.5
21.7
221.4
116.4

1,936.8
3.2
184.6
111.8
...
39.9
14.8
27.2
90.2
235.0
8.8
55.1
32.4
116.1
41.4
339.1
34.9
167.9
26.4
28.7
135.1
77.7
21.6
199.6
93.2

1,924.4
3.2
185.6
111.9
...
39.9
14.8
27.1
90.6
236.4
8.8
55.3
32.5
116.9
41.3
338.2
33.8
167.7
25.4
27.7
131.8
77.1
21.5
191.6
85.0

3.2
18.5
-1.0
-1.8
...
-4.3
-0.7
-0.7
3.3
4.2
2.3
-0.9
-2.1
1.7
4.8
5.2
13.0
2.8
10.4
1.1
5.3
5.2
-0.9
4.8
5.7

4.7
25.2
6.6
0.3
...
-0.9
-0.2
-0.6
4.6
4.9
4.7
0.0
-3.1
3.2
5.4
7.1
7.9
4.1
10.1
2.4
5.5
8.2
0.5
3.6
4.3

5,229,027
3,476,381
650,453
661,488
440,705
1,391,057
213,149

5,212,730
3,509,590
661,887
611,585
429,668
1,287,776
161,246

4,848,476
3,155,482
652,131
565,445
475,418
1,376,048
119,825

4,825,187
3,219,665
639,659
544,418
421,445
1,436,948
90,685

...
...
...
...
...
...
...

1.3
-1.0
8.5
2.8
6.8
-7.2
-0.4

4.4
3.1
7.7
7.2
7.0
8.6
6.3

5,120
3,570
70
1,480

3,190
2,756
68
366

3,329
2,985
148
196

4,242
2,902
163
1,177

2,685
2,278
145
262

-22.3
-13.6
60.3
-64.0

-31.5
-33.7
-17.3
-22.5

1,879,980
5,261
357,343

1,669,300
4,850
344,186

1,836,638
5,061
362,900

1,762,695
4,885
360,838

1,497,816
4,239
353,342

-24.2
-27.9
5.1

-27.2
-30.0
3.9

3,894,704
47,959

3,606,348
45,753

3,649,151
46,079

3,660,192
43,371

...
...

1.3
-3.6

0.5
-2.2

SOURCES AND ABBREVIATIONS:
ADES: Arizona Department of Economic Security
ADHS: Arizona Department of Health Services
ADOR: Arizona Department of Revenue
ADOT: Arizona Department of Transportation
ARMLS: Arizona Regional Multiple Listing Service
ASPB: Arizona State Parks Board
BEA: Bureau of Economic Analysis, U.S. Department of Commerce

12.

BLS: Bureau of Labor Statistics,
U.S. Department of Labor
Census C-40: U.S. Census Bureau, U.S. Department of
Commerce
EBR: Economic & Business Research Center,
The University of Arizona
NPS: National Park Service, U.S. Department of the Interior

PSHIA: Phoenix Sky Harbor International Airport
SAAR: Seasonally adjusted at annual rates
TAA: Tucson Airport Authority
TAR: Tucson Association of Realtors
U.S. Bankruptcy Court: District of Arizona
USCBP: U.S. Customs and Border Protection,
U.S. Department of Homeland Security

A R I Z O N A E C O N O M I C
I N D I C A T O R S
II
2006

III
2006

PHOENIX-MESA METROPOLITAN REGION (MARICOPA AND PINAL COUNTY) - QUARTERLY DATA
Demographics & Vital Statistics (000s, seas adj) ADHS & EBR
Population
4,071.5
4,109.4
Natural Increase
10.1
10.2
Births
16.9
17.1
Deaths
6.8
6.9
Net Migration
34.9
27.7
Personal Income by Source ($mil, SAAR) EBR
Total Personal Income
136,269
139,160
Earnings by Place of Work
111,318
113,668
Less: Contributions for Social Insurance
12,366
12,616
Plus: Adjustment for Residence
-142
-143
Plus: Dividends, Interest & Rents
20,342
20,754
Plus: Transfer Payments
17,117
17,498
Per Capita Personal Income ($, SAAR) EBR
33,469
33,864
ARIZONA - QUARTERLY DATA
Demographics & Vital Statistics (000s, seas adj) ADHS & EBR
Population
Natural Increase
Births
Deaths
Net Migration
Personal Income Derivation ($mil, SAAR) BEA & EBR
Total Personal Income
Earnings by Place of Work
Less: Contributions for Social Insurance
Plus: Adjustment for Residence
Plus: Dividends, Interest & Rents
Plus: Transfer Payments
Components of Earnings ($mil, SAAR) BEA & EBR
Wages and Salaries
Other Labor Income EBR
Proprietor’s Income
Farm
Nonfarm
Per Capita Personal Income ($, SAAR) EBR
Average Wage Per Employee, Annual Rate ($) EBR

% change versus year ago
for most recent:
quarter
4-quarters

IV
2006

I
2007

II
2007

4,143.5
10.2
17.2
7.0
23.9

4,177.6
10.3
17.4
7.1
23.8

4,211.7
10.4
17.5
7.2
23.7

3.4
3.0
3.7
4.8
-32.2

4.0
3.1
4.2
5.9
-36.4

141,923
115,854
12,853
-144
21,123
17,942
34,252

144,675
118,044
13,091
-145
21,481
18,387
34,631

147,481
120,294
13,334
-147
21,860
18,808
35,017

8.2
8.1
7.8
-3.2
7.5
9.9
4.6

8.8
9.0
8.8
-8.2
7.8
8.8
4.6

6,272.7
14.3
25.4
11.1
50.7

6,335.9
14.5
25.7
11.2
46.9

6,396.1
14.7
25.9
11.3
44.2

6,453.1
14.5
25.5
11.0
40.7

6,506.0
14.4
25.7
11.3
36.3

3.7
0.4
0.9
1.5
-28.5

4.0
10.6
4.4
-2.7
-19.1

191,506
147,395
16,602
692
30,524
29,502

196,916
151,202
16,995
711
31,714
30,285

200,107
154,057
17,275
724
31,878
30,724

205,888
158,208
17,829
744
32,769
31,999

208,288
159,553
17,963
751
33,442
32,511

8.8
8.2
8.2
8.4
9.6
10.2

8.5
8.0
8.3
8.9
9.4
9.8

107,780
23,519
16,019
208
15,811
30,530
40,356

110,584
24,216
15,902
237
15,665
31,079
40,868

112,890
24,595
15,899
322
15,577
31,286
41,229

116,237
25,109
15,771
131
15,640
31,905
41,675

117,199
25,352
...
...
...
32,015
...

8.7
7.8
-1.7
-46.3
-1.0
4.9
1.9

8.5
7.9
1.3
-18.5
1.7
4.3
3.4

MAR
2007

APR
2007

MAY
2007

JUN
2007

1,312,421
139,436
500,253
672,732
434,677
58,548
316,034
60,095

1,657,342
162,643
611,405
883,294
326,049
41,418
234,662
49,969

1,734,723
144,481
635,077
955,165
209,964
29,861
130,707
49,396

2,229,546
130,705
731,674
1,367,167
159,409
18,058
99,751
41,600

2,525,675
138,902
836,237
1,550,536
162,823
20,325
100,775
41,723

3.1
2.0
2.1
3.7
1.9
-15.2
2.7
10.5

-1.0
0.3
-0.3
-1.6
4.3
-6.2
6.1
7.3

704,184
2,095,682
760,713

686,196
1,971,365
729,451

959,384
1,784,304
773,581

896,805
1,703,078
712,365

909,638
1,883,356
703,378

40.8
9.7
-2.9

11.1
8.6
-7.9

205.4
200.6

206.7
202.1

207.9
203.7

208.4
203.9

208.3
203.7

2.4
2.3

2.5
2.4

TRAVEL AND TOURISM - MONTHLY DATA

Visits to Parks & Other Recreational Areas, NPS & ASPB
Northern Arizona
Historical
Scenic
Water Based Recreation
Southern Arizona
Historical
Scenic
Water Based Recreation
International Border Crossings, USCBP
U.S. Citizens
Aliens
Vehicles
MEASURES OF INFLATION AND PRICES - MONTHLY DATA
Consumer Price Index (1982-1984=100) BLS
U.S. - All Urban
U.S. - Wage Earners

JUL
2007

% change versus year ago
for most recent:
month
12-months

See sources and abbreviations at the bottom of page 12. • For additional detail and history, subscribe to Arizona Economic Indicators Data Book.
www.ebr .eller .ar izona.e du

13.

A R I Z O N A E C O N O M I C
I N D I C A T O R S

ARIZONA MONTHLY DATA
Civilian Labor Force (000s) ADES
Employment
Unemployment
Unemployment Rate, Seas. Adj. (%)
Employees on Nonagricultural Payrolls (000s) ADES
Total
Natural Resources and Mining
Construction
Durable Goods Manufacturing
Fabricated Metal Products
Computer and Electronic Prod.
Aerospace Products and Parts
Non-Durable Goods Manufacturing
Wholesale Trade
Retail Trade
Utilities
Transportation and Warehousing
Information
Finance and Insurance
Real Estate, Rental, and Leasing
Professional and Business Services
Educational Services
Health Care and Social Assistance
Arts, Entertainment, and Recreation
Accommodation
Food Svcs and Drinking Places
Other Services
Federal Government
State and Local Government
State and Local Government Education
Hours Worked Per Week, Manufacturing, ADES
Average Hourly Earnings ($) ADES
Construction
Manufacturing
Trade, Transportation, Utilities
Retail Trade
Wholesale Trade
Sales ($000s) ADOR
Aggregate Retail Sales
Retail
Food, EBR
Restaurants & Bars
Gasoline, EBR
Gallons (000s) ADOT
Utilities
Communications
Amusements
Rentals - Personal Property
Contracting
Mining - Metal, Oil & Gas
Hotel/Motel
New Housing Units Authorized, Census C-40 & EBR
Total Units
Single Family Units
2-4 Unit Structures
5-plus Unit Structures
Bankruptcy Filings, U.S. Bankruptcy Court
Total
Chapter 7
Chapter 11
Chapter 13

MAR
2007

APR
2007

3,009.8
2,894.4
115.4
3.9

JUN
2007

JUL
2007

3,011.4
2,899.5
111.9
4.0

3,021.0
2,920.7
100.3
3.6

3,022.9
2,912.9
110.0
3.4

3,050.9
2,928.6
122.3
3.7

2.7
3.3
-10.4
-9.7

3.2
3.7
-7.4
-10.4

2,727.6
10.8
247.4
150.9
19.5
45.0
27.2
36.1
110.0
331.1
12.3
70.8
42.4
133.8
54.1
413.4
45.9
253.6
36.5
48.7
196.2
106.6
51.4
375.6
200.7
41.3

2,731.4
10.9
246.9
150.8
19.5
45.0
27.3
35.9
109.6
330.1
12.3
70.7
42.7
133.7
54.3
416.1
46.2
254.2
37.5
49.0
197.1
105.7
51.7
376.0
201.0
40.9

2,730.9
11.0
246.1
151.0
19.6
44.9
27.3
35.8
109.5
331.8
12.4
70.6
43.3
133.6
54.2
415.5
46.2
254.6
37.7
48.6
195.9
106.2
52.5
374.4
197.5
40.8

2,690.3
11.5
244.7
150.8
19.7
44.5
27.4
35.9
109.5
329.7
12.4
70.7
43.4
133.1
54.1
416.7
44.1
254.9
37.0
48.2
193.7
106.7
53.1
340.1
159.4
40.4

2,671.5
11.8
245.6
151.0
19.7
44.6
27.6
35.7
109.8
331.0
12.5
70.8
43.5
134.1
54.1
416.2
42.2
254.7
35.9
47.2
189.5
105.8
52.5
327.6
146.6
41.1

2.8
16.8
-1.6
-1.4
1.5
-4.3
1.8
1.1
4.0
3.7
0.8
-0.4
-3.3
1.7
4.8
5.3
7.9
3.2
8.5
1.3
4.3
4.9
1.2
3.0
1.7
0.7

4.1
19.6
5.7
0.5
3.1
-1.3
1.0
0.8
4.9
4.0
2.0
0.4
-3.8
3.1
5.2
7.0
5.6
4.2
8.3
2.4
4.4
7.6
0.4
2.7
1.8
1.1

17.27
15.15
15.77
12.28
19.20

17.61
15.31
15.94
12.42
19.24

17.49
15.66
15.88
12.35
19.50

17.76
15.76
15.95
12.36
19.47

17.93
16.14
15.89
11.99
19.88

7.1
8.0
2.8
-2.9
8.8

6.1
4.8
4.0
-1.0
5.2

7,507,087
4,924,395
959,406
932,771
690,515
253,261
584,815
301,556
131,999
357,505
1,897,053
138,580
305,409

7,354,188
4,818,116
976,271
866,627
693,174
235,054
551,234
253,599
96,688
348,129
1,764,949
178,924
253,942

7,049,541
4,528,292
961,882
811,777
747,591
243,960
674,825
322,156
119,863
349,003
1,865,017
184,909
202,475

6,974,119
4,573,951
943,485
789,031
667,652
228,179
894,538
301,438
95,074
322,491
1,956,516
172,345
170,490

...
...
...
...
...
...
...
...
...
...
...
...
...

1.6
-0.6
7.4
3.9
6.1
4.1
13.4
3.7
14.1
-2.4
-5.3
-15.1
2.4

4.1
2.9
7.8
7.3
3.6
4.3
12.0
8.3
8.7
6.9
7.0
21.3
5.6

6,209
4,647
86
1,476

4,288
3,805
112
371

4,549
4,174
172
203

5,401
4,047
173
1,181

3,770
3,325
169
276

-23.7
-18.7
35.7
-62.2

-35.8
-37.9
-20.9
-23.6

837
655
20
162

781
598
14
169

852
655
22
175

895
667
15
213

889
695
21
173

73.0
70.8
133.3
76.5

-63.4
-69.2
27.0
-13.6

See sources and abbreviations at the bottom of page 12. • For additional detail and history, subscribe to Arizona Economic Indicators Data Book.
14.

% change versus year ago
for most recent:
month
12-months

MAY
2007

A R I Z O N A E C O N O M I C
I N D I C A T O R S

MEASURES OF INFLATION AND PRICES -QUARTERLY DATA
Consumer Price index (1982-84=100) BLS
Western Region (U.S.)
U.S. - All Urban Consumers
U.S. - Urban Wage Earners
Price Indexes (2000=100) BEA
Gross Domestic Product
Personal Consumption Expenditures

% change versus year ago
for most recent:
quarter
4-quarters

II
2006

III
2006

IV
2006

I
2007

II
2007

206.2
202.3
198.0

207.3
203.4
199.1

206.5
201.7
197.0

209.2
203.8
198.9

212.6
207.7
203.2

3.1
2.7
2.6

3.1
2.6
2.5

116.4
114.7

117.0
115.4

117.5
115.1

118.8
116.1

119.5
117.3

2.7
2.3

2.9
2.4

See sources and abbreviations at the bottom of page 12. • For additional detail and history, subscribe to Arizona Economic Indicators Data Book.

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