In 2016, Tucson ranked first among peer western metropolitan areas in housing affordability. The new MAP indicator on housing affordability measures the share of homes sold in an area that would be affordable to a family earning the local median...
In 2015, 76.6% of Tucson Metropolitan Statistical Area (MSA) commuters cited driving alone as their primary means of transportation to work. Carpooling was second at 9.9%, and working at home was third at 4.6%. The prevalence of single-occupant vehicle usage...
The number of jobs in Arizona has grown by 2.3 percent in the past year, according to a report from the Arizona Office of Economic Opportunity. Click the link below to read the full article. View Article
Did you know that Arizona’s top two trading partners are Mexico and Canada? Further, since 2002 the dollar value of Arizona’s exports to Mexico and Canada have increased rapidly, rising by 147%. Many economists believe that the North American Free...
In 2016, business growth in the Tucson MSA accelerated to 0.4%. Despite the last place ranking among peer western MSAs this was a considerable improvement over the substantial decline during the Great Recession and the previous year, as illustrated in...
The early years of a child’s life lay the foundation for future learning, development, and lifelong health. Rich, stimulating environments promote development, while early negative experiences can carry lasting deleterious effects. With the majority of parents of young children in...
Tourism is a key economic driver of the state of Arizona. In 2016, it was the leading export industry in Arizona according to the Arizona Office of Tourism. Additionally, it directly supported nearly 185,000 jobs during that same year. The...
In 2015, the four-year college attainment rate for the working-age population (25-64) in the Tucson Metropolitan Statistical Area (MSA) was 29.3%. Tucson ranked ninth among 11 peer western MSAs. This matters because an educated workforce is a key driver of...
Benchmarking economic performance across metropolitan areas requires us to think about activities across many different dimensions. Certainly, overall job, population, and income growth matters, but growth rates alone do not tell us much about prosperity. On that dimension, economists generally...
