Filtering by
- All Subjects: Economic development
- Creators: Hunting, Dan
- Creators: Rex, Tom R.
Sun Corridor: A Competitive Mindset builds upon the 2008 Megapolitan report by looking at present and future prospects for the Sun Corridor, the economic heart of Arizona stretching along Interstate 10 from Phoenix to Tucson, down Interstate 19 to the Mexican border.
For decades, Arizona was one of the national leaders in aggregate economic growth, as measured by the percent change in measures such as gross product and employment. However, its growth rate always has been highly cyclical. During expansionary periods, Arizona always has been among the top states on the rate of growth. During recessions, the Arizona economy generally slumped at a rate similar to the national average, but would experience a rapid recovery. This pattern continued through the economic expansion of the mid-2000s.