This report presents an analysis of the economic impacts of Phoenix-Mesa Gateway Airport (Gateway Airport) based on activity during FY 2013. It views Gateway Airport as a source of significant economic output (the production of aviation services) that creates revenues for firms, and employment and earnings for workers on and off the airport.

This update of the Phoenix-Mesa Gateway Airport Master Plan has been undertaken to evaluate the airport's capabilities and role, to review forecasts of future aviation demand, and to plan for the timely development of new or expanded facilities that may be required to meet that demand. The ultimate goal of the master plan is to provide systematic guidelines for the airport's overall development, maintenance, and operation.

Phoenix Sky Harbor International Airport completed a comprehensive analysis of the cargo service opportunities of Phoenix metropolitan airports, specifically Phoenix Sky Harbor International, Phoenix Deer Valley, Phoenix Goodyear, and Phoenix Mesa Gateway Airports. The Study researched regional air cargo opportunities, forecasted regional air cargo demand, determined necessary facilities and infrastructure at Phoenix region airports, identified market opportunities and outlined approaches for further development.

Education decisions are among the most important choices people ever make. So we were surprised and disappointed to see an article so loosely reasoned and reckless in its conclusions as “Five Reasons to Skip College” published in Blank Slate at Forbes.com on April 18, 2006. The article never provides a numerical assessment of the costs and benefits of going to college, uses statistics inappropriately and in a way that biases the conclusions against college, contains conceptual errors on how to evaluate the return on a college education, and greatly exaggerates the only substantive criticism of typical evaluations of the financial worth of a college degree.

The educational attainment in 2000 of the entire 25-or-older population in Arizona was similar to the national average and ranked in the middle of the states. Arizona compared less favorably to two sets of comparison states: “competitor” states defined by the Greater Phoenix Chamber of Commerce and “new economy” states identified by the Milken Institute. In 1990, however, Arizona’s educational attainment had exceeded the national average. Arizona ranked among the bottom 10 states in the 1990 to 2000 gain in educational attainment. Among both the entire population and those active in the labor force in 2000, the
educational attainment of Arizona residents 55 or older exceeded that of their peers nationally.

The educational attainment of Arizona’s workforce is less than the national average and has deteriorated over time relative to the U.S. average. Job quality and average earnings in Arizona also are below the national average. These three factors — job quality, earnings, and educational attainment — are interrelated. On average, the higher the educational attainment of a worker, the higher are his or her earnings. The largest increase by far occurs with the completion of a university degree. In Arizona, the average earnings of those with a college degree are approximately $28,140 (73 percent) higher than those with only some college. Thus, working individuals financially benefit from enhancing their educational attainment.