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Abstract

Between 1977 and 1987, Arizona led the nation in the growth of personal income and employment and was second only to Nevada in the rate of population growth (Chart 1). Job creation during this period exceeded one-half million, and population grew by 40 percent. Since the mid-1980s, however, economic growth in Arizona slowed substantially. During the first half of 1989, when national wage and salary nonagricultural employment grew 3.1 percent over the previous year, Arizona’s corresponding figure was a meager1.3 percent,which ranked 41st among the 50 states and well behind many of Arizona’s neighbors (Chart 2).

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© 1991 Springer Science+Business Media New York

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McPheters, L.R. (1991). Arizona’s Economic Outlook. In: O’Driscoll, G.P., Brown, S.P.A. (eds) The Southwest Economy in the 1990s: A Different Decade. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-4040-3_17

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  • DOI: https://doi.org/10.1007/978-1-4615-4040-3_17

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-6807-6

  • Online ISBN: 978-1-4615-4040-3

  • eBook Packages: Springer Book Archive

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