Economic Forecast Data

March 1, 2017

The Arizona economy slowed during the fourth quarter of 2016, with jobs rising very little over the year. Job growth was down from third quarter performance and even slower than national gains. New population estimates from the Arizona Office of Economic Opportunity suggest continued slow population increases statewide and in the Phoenix and Tucson metropolitan statistical areas (MSAs). Further, Arizona’s merchandise exports to the world (and to Mexico) declined last year.

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Economic Forecast Data for Arizona, Phoenix & Tucson Metros

*numbers & analysis from EBRC’s March 2017 quarterly forecast (next update: June 2017)

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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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