Have you ever wondered how affordable housing is in Tucson? Now you can find out on the MAP Dashboard. The MAP recently released the Housing Affordability indicator that calculates the share of homes sold that are affordable to those earning...
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...
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...
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...
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...
Productivity is a key driver of our standard of living. It contributes to rising wages and income, as well as increased leisure time. Measured by output per worker hour, productivity increases when we find new and better ways to produce...
How did the Tucson economy perform last year? Compiling and summarizing all the relevant data can be daunting. However, the MAP Dashboard makes the process quick and informative. From the Dashboard, we know that the Tucson economy improved in 2016...
