Arizona's Economy.
Economic & Business Research Center.
Economic & Business Research Center.
blockApril 2009 - Spring Issue
 
  
 
Phoenix-Mesa Metro Area
2008
2009
2010
2011
2012
2013
2014
Personal Income ($ mill)          148,823.5 147,187.6 147,290.3 155,291.1 168,493.3 183,702.0 200,072.4
          percent change          1.7 -1.1 0.1 5.4 8.5 9.0 8.9
Wage per Employee                 49,962 51,041 52,206 53,878 55,712 57,762 59,893
          percent change          2.8 2.2 2.3 3.2 3.4 3.7 3.7
Aggregate Retail Sales ($ mill)*  54,552.2 50,287.3 53,806.7 58,385.9 63,019.3 67,746.8 71,923.0
          percent change          -4.9 -7.8 7.0 8.5 7.9 7.5 6.2
Population (000s, mid-year)       4,263.0 4,330.0 4,408.6 4,514.7 4,642.9 4,780.0 4,920.4
          percent change          2.0 1.6 1.8 2.4 2.8 3.0 2.9
Residential Permits               17,880 11,312 20,980 36,966 50,825 54,327 55,616
          percent change          -52.0 -36.7 85.5 76.2 37.5 6.9 2.4
Non Farm Employment (000s)        1,875.9 1,795.3 1,749.6 1,783.6 1,874.6 1,978.0 2,078.6
          percent change          -2.2 -4.3 -2.5 1.9 5.1 5.5 5.1
   Goods-Producing                279.5 252.0 232.1 239.4 269.0 296.8 320.2
          percent change          -9.7 -9.8 -7.9 3.1 12.4 10.3 7.9
   Service-Providing              1,596.4 1,543.3 1,517.5 1,544.2 1,605.6 1,681.2 1,758.5
          percent change          -0.8 -3.3 -1.7 1.8 4.0 4.7 4.6
       Trade, Trans., & Utilities 382.4 345.3 336.7 346.9 363.7 380.8 397.2
          percent change          -2.4 -9.7 -2.5 3.0 4.8 4.7 4.3
        Prof. & Business Services 313.2 304.6 283.0 275.9 288.1 311.9 336.5
          percent change          -4.3 -2.7 -7.1 -2.5 4.4 8.3 7.9
       Leisure & Hospitality      187.6 176.1 177.0 184.9 193.3 200.7 208.2
          percent change          1.1 -6.2 0.6 4.4 4.5 3.8 3.8
        Government                245.9 243.6 240.9 240.9 245.2 251.8 258.1
          percent change 2.5 -0.9 -1.1 0.0 1.8 2.7 2.5
               
* Aggregate Retail Sales includes retail, food, restaurant & bars and gasoline sales.
Source:  Economic and Business Research Center, Eller College of  Management, The University of Arizona

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The University of Arizona in Tucson, Arizona.
Arizona's Economy. Eller College of Management at the University of Arizona.