Arizona Office of Economic Opportunity
OEO exists to consolidate and improve analytic capacity for the state with the goal of tracking Arizona's key economic indicators.
November 16, 2023
Nonfarm Employment Increased by 51,100 Jobs Over the Year
Arizona's Unemployment Rate Increased to 4.2%
Read the Press Release
View the Press Release Presentation
Next Release: December 21, 2023
Arizona Economy At a Glance
See how your area is performing below by finding the latest labor and population trends at the state and county level. Find out where the Arizona economy stands on key economic indicators in comparison to the United States economy overall.
Labor:
Nonfarm Employment
Business Establishments
2018
Total Business Establishments
Year-over-Year Change
Numeric
%
Percentage
Population:
National Ranking
In-Migration
2017
Top 5 States contributing the most to Arizona's In-Migration
(in-flow only, not net)
Net Migration
2017
Top 5 States contributing the most to Arizona’s Net-Migration
(Net Migration = In-Flow - Out-Flow)
Educational Attainment
2017
Race & Ethnicity
Share of total population by race/ethnicity
*American Indian and Alaska Native
** Native Hawaiian and Other Pacific Islander
** Native Hawaiian and Other Pacific Islander
Other Economic Indicators:
Real GDP Growth
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Total All Industries
%
Year-over-Year Change
% US
Year-over-Year Change
Net Taxable Sales
2017-2018
$
%
Year-over-Year Change
Per capita Personal Income
2018
$
% Year-over-Year Change
$
US
% Year-over-Year Change
Consumer price index
June 2019
Year-over-Year percentage
change in CPI
change in CPI
%
Phoenix-Mesa-Scottsdale
%
US City Average
Unemployment Insurance
June 2019
Year-over-Year percentage change
in initial claims
in initial claims
AZ
%
with a total of initial claims
US
%
with a total of initial claims
Trade Balance
2018
$
%
Year-over-Year Change
New private housing units
July 2019
Year-over-Year percentage change in
authorized building permits
authorized building permits
AZ
%
Year-over-Year change with a total of permits
US
%
Year-over-Year change with a total of permits
Rental Vacancy Rate
2018
Annual Rental
Vacancy Rates
Vacancy Rates
AZ
%
US
%
Home Values
2018
Year-over-Year percentage change in
median value of Owner-occupied Housing
median value of Owner-occupied Housing
AZ
%
Year-over-Year change with a median value of $
US
%
Year-over-Year change with a median value of $