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 … [Read more...] about Arizona Leads Nation In Personal Income Growth
economy
New Report: Arizona Ranks Third For Economic Momentum
Arizona is ranked third best in the nation for economic momentum, based on a new report by State Policy Reports. The report ranks states’ economic momentum based on growth in personal income, employment and population. Arizona ranked in the top four for employment growth and population growth. … [Read more...] about New Report: Arizona Ranks Third For Economic Momentum
Arizona Leads West In Income Growth
Arizona’s median household income rose by 15.2% over the latest three-year recording period, according to new data from the U.S. Census Bureau. That was the highest growth among western and mountain states, and higher than Texas and Florida. The Census data, which compares income growth averaged … [Read more...] about Arizona Leads West In Income Growth
Why and How to Advertise in the COVID Times
The COVID-19 pandemic is playing out like a Netflix drama. We’re tuning in to find out the latest twists in this ongoing superbug saga as much as we’re learning how many ways we can braid our hair like the Mother of Dragons when we binge-watch Game of Thrones. We can’t wait to hear from our favorite … [Read more...] about Why and How to Advertise in the COVID Times
Tourism Supporting Thousands of Jobs, Delivering Millions to Local Economy
The average visitor to Flagstaff is 47 years old, makes more than $100,000 a year, brings two other people along – often, family members – spends nearly $600 a day with his or her group and stays about three nights. Half of the 5.5 million guests who visit come specifically for Flagstaff. About a … [Read more...] about Tourism Supporting Thousands of Jobs, Delivering Millions to Local Economy
Spending Grows an Economy
What grows an economy? Consumer spending. That’s why consumer spending is 70 percent of the Gross Domestic Product – the indicator for national economic growth. When there is plenty of spending, the economy grows, providing more people with more money to spend on the efforts of more people. This … [Read more...] about Spending Grows an Economy
NAU, Tourism, Driving Flagstaff Economy
A steady upward trajectory in the Flagstaff economy throughout the remainder of this year and into 2018 promotes continued growth in the construction and retail trades amidst local challenges and a more hostile worldwide environment. So shares Ron Gunderson, Ph.D., emeritus professor of economics in … [Read more...] about NAU, Tourism, Driving Flagstaff Economy
Star Parties, Blue Grass, Hopi Dances Bringing Ninety Million Dollars to Flagstaff
“The dedication and passion for the arts and science draws tourists, benefits residents and impacts the local economy by $90 million each year.” T. Tannous, Director, Flagstaff Arts Council Flagstaff’s rich culture of arts and science contributes to the city’s character, … [Read more...] about Star Parties, Blue Grass, Hopi Dances Bringing Ninety Million Dollars to Flagstaff
Economy Boosted by Flagstaff-Area Residential Construction
Caleb and Rachel Waters live in a 550-square-foot house. With a nearly two-year-old son and a second baby on the way, their new Flagstaff home will bring some much-needed space. “We could have purchased a 1970s home and spent $100,000 in renovations, but it made more sense to build our own … [Read more...] about Economy Boosted by Flagstaff-Area Residential Construction
Long-Haul Visitors, Boost to Local Economy
Did you know that Flagstaff welcomes more than 500,000 international visitors annually? And, those long-haul visitors have an economic impact of nearly $70,000,000 on our local economy. It is Flagstaff’s time to shine on the international stage. Our destination is appealing to the international … [Read more...] about Long-Haul Visitors, Boost to Local Economy
