Economic Forecast Data

December 1, 2016

The Arizona economy slowed during the summer, with job growth falling back to the national rate. Further, new personal income estimates suggest slower growth early in the year. While Arizona continues to expand at a solid pace, 2016 no longer appears to be the breakout year. Nonetheless, the odds still favor continued growth in the U.S. and Arizona economies this year and next.

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Economic Forecast Data for Arizona, Phoenix & Tucson Metros

*numbers & analysis from EBRC’s December 2016 quarterly forecast (next update: March 2016)

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Arizona Forecast (Statewide)

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Phoenix-Mesa-Scottsdale MSA (Maricopa and Pinal Counties)

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Tucson MSA Forecast (Pima County)

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