The summer of 2021 is leading the record books for businesses relocating to Arizona, including semiconductor manufacturers, electric car makers and many other tech companies. While most relocations and expansions are happening in the Valley, Northern Arizona is also attracting companies. In east Flagstaff, the large former Walgreens distribution is being remodeled by UACJ Automotive Whitehall Industries. The company specializes in electric car components for manufacturers including Tesla and … [Read more...] about Arizona’s Business Landscape Sees Explosive Growth
economic growth
Arizona Leads Nation In Personal Income Growth
Personal income in Arizona rose last year at a rate faster than nearly any state in the country, according to new estimates from the Bureau of Economic Analysis. With a personal income growth rate of 8.4%, Arizona tied with Montana for the fastest rate of growth in personal income in 2020. “Throughout the pandemic, we’ve sought to stretch and strengthen the social safety net to protect people out of work due to no fault of their own,” said Governor Doug Ducey. “We’ve also adopted a … [Read more...] about Arizona Leads Nation In Personal Income Growth
