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** Arizona's Booming Economy
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Arizona's economy is moving forward and opportunities are growing. Electric vehicle manufacturers continue to choose our state ([link removed]) — like the groundbreaking that took place this morning in Mesa ([link removed]) . Also, Intel's new facilities will create thousands of jobs ([link removed]) in Arizona and Downtown Phoenix is on track to have more restaurants than before the pandemic ([link removed]) .

Companies, employers and people across the nation have noticed these economic gains — and they're flocking to the Grand Canyon State.

Check out media coverage below:

Arizona Republic: ASU Forecast: Strong Arizona Economic Rebound In Progress With No Housing Bubble Growing ([link removed])

"Arizona's economy continues to recover and could recoup all of the jobs lost in last year's recession in coming months, with no housing bubble on the horizon despite rising home prices and tight supplies, Arizona State University forecasters said Thursday." (5/6/21 ([link removed]) )

Phoenix Business Journal: Arizona's Job Growth To Outpace The Nation For Next Decade ([link removed])

"Arizona is expected to add nearly 550,000 jobs between 2019 and 2029, barring any further major economic or political disruptions, according to a study released May 6 by the Arizona Office of Economic Opportunity." (5/7/21 ([link removed]) )

KTAR: Arizona Projected To Add About 550,000 Jobs By 2029 ([link removed])

"Arizona is expected to grow to about 3.66 million jobs by 2029, up from 3.11 million in 2019, according to the projections. The change represents a 1.9% growth per year over the span, four times the national growth rate." (5/6/21 ([link removed]) )

CBS News: Chip Shortage Highlights U.S. Dependence On Fragile Supply Chain ([link removed])

"Within the world of global collaboration there's intense competition. Days after Intel announced spending $20 billion on two new fabs, TSMC announced it would spend $100 billion over three years on R&D, upgrades, and a new fab in Phoenix, Arizona, Intel's backyard, where the Taiwanese company will produce the chips Apple needs but the Americans can't make." (5/2/21 ([link removed]) )

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