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Arizona Forecast201620172018201920202021
Personal Income ($ mil)280,120.0293,645.0309,464.2327,385.8346,940.5365,971.0
  % Chg from Year Ago3.6%4.8%5.4%5.8%6.0%5.5%
Retail Sales ($mil)94,738.499,666.8103,130.0107,885.0113,661.0118,797.0
  % Chg from Year Ago2.4%5.2%3.5%4.6%5.4%4.5%
Total Nonfarm Employment (000s)2,704.02,754.82,822.22,893.02,955.13,007.4
  % Chg from Year Ago2.6%1.9%2.4%2.5%2.1%1.8%
Population (000s), July 1st estimates6,835.56,933.97,047.07,162.27,276.47,390.7
  % Chg from Year Ago1.1%1.4%1.6%1.6%1.6%1.6%
Residential Building Permits (units)35,578.038,318.043,766.245,297.544,914.244,886.6
  % Chg from Year Ago23.1%7.7%14.2%3.5%-0.8%-0.1%
Copyright 2017 The University of Arizona. All rights reserved.
Published by   Economic and Business Research Center, The University of Arizona.
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