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DownloadDownload the white paper for an in-depth look at the Arizona Economic Forecast – In Collaboration with: WSJ Custom Studios
Arizona Economic Forecast
    The Forecast Includes:
  • Arizona's Assets
  • Growth Indicators
  • Industry Leaders

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Start Up

  • Thriving Innovation
  • Low Cost of Doing Business
  • Skilled & Available Workforce
  • STREAMLINED REGULATION
  • ACCESS TO MAJOR WORLD MARKETS
  • SIMPLIFIED TAX SYSTEM
  • EXCEPTIONAL QUALITY OF LIFE

Thriving Innovation

With a surging innovation ecosystem and a $3 million Arizona Innovation Challenge, Arizona attracts global corporations and forward-thinking start ups.

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Info - 250 Startups

Low Cost of Doing Business

Ranking seventh lowest in average workers compensation costs, sixth lowest in property taxes, and second lowest in unemployment insurance tax.

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Info - 4.9% Income Tax

Skilled & Available Workforce

Poised and ready to meet your project needs, the state's workforce is abundant, talented and young. 

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Info - 2nd for workforce quality

STREAMLINED REGULATION

Arizona has created a minimalist regulatory environment by cutting red tape and by repealing overly burdensome regulations.

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Info - Expedited Permitting

ACCESS TO MAJOR WORLD MARKETS

Arizona is immediately accessible to three of the world's largest economies -- California (#9), Texas (#13) and Mexico (#14).

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Info - 800 tons of cargo

SIMPLIFIED TAX SYSTEM

Arizona has among the lowest corporate and individual income tax rates in the nation, lowering your cost of doing business.

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Info - #2 lowest unemployment ins tax

EXCEPTIONAL QUALITY OF LIFE

From an unsurpassed number of sunny days to snow skiing, Arizona’s quality of life is second to none.

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Info - 300 days of sun (gray)

Business Climate: Incentives

Job Training

Job Training

Job Training grants reimburse up to 75% of eligible training expenses for employers creating new jobs.

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Quality Jobs

Quality Jobs

The Quality Jobs tax credit offers up to $9,000 of Arizona income or premium tax credits spread over a three-year period for each net new quality job.

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Qualified Facility

Qualified Facility

The Qualified Facility program offers a refundable income tax credit equal eligible companies making a Capital Investment to establish or expand a Qualified Facilities.

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Computer Data Center Program

Computer Data Center Program

CDC provides Transaction Privilege Tax and Use Tax exemptions at the state, county and local levels, on qualifying purchases of CDC Equipment.

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Leading the way: Thriving ARIZONA INDUSTRIES

Arizona business: in action

Innovation in Arizona

Surging Technology:
The TechConnect Blog

University programs mean business for young entrepreneurs

Apr 9, 2015
 

The focus on helping students develop their own ideas and create their own startups has been an important trend in recent years.

Arizona Business: News

Northern Trust Expands in Arizona with Tempe Office, Will Create 1,000 Jobs

• 02.27.2015

Northern Trust, a global financial institution headquarted in Chicago, publicly announced that the company will establish a new operating center in Tempe, supporting its national and international banking business. The center – expected to open in mid-2015 will grow to 1,000 full-time employees over the next three years.

San Francisco-based Revel Systems Expands with New Scottsdale Office

• 01.21.2015

Revel Systems, the world’s leading iPad Point of Sale platform, today announced it has expanded operations into Arizona through a new Scottsdale office. The company will create 160 new jobs during the next three years to drive its global sales growth.