Arizona Industry Employment Average Annual Growth Rate | |||
(a) Historical (b) Forecast | |||
2010(a) | 2011(b) | 2012(b) | |
Total Nonfarm | -2.1% | 0.7% | 1.4% |
Manufacturing | -3.9% | 1.3% | 2.1% |
Natural Resources/ Mining | -1.8% | 2.0% | 4.3% |
Construction | -13.7% | -3.0% | 0.3% |
Trade, Trans., & Utilities | -2.2% | 1.4% | 2.0% |
Information | -4.2% | -0.9% | 0.8% |
Financial Activities | -2.5% | 0.0% | 1.1% |
Professional & Business Services | -1.9% | -0.7% | 0.6% |
Education & Health Services | 3.0% | 3.6% | 2.8% |
Leisure & Hospitality | -1.4% | 3.1% | 3.7% |
Other Services | -5.4% | -1.9% | -0.6% |
Government | -1.5% | -0.9% | -0.5% |
Friday, April 29, 2011
ARIZONA STILL ISN'T RECOVERING
We aren't going to get back to 2007 levels for several years. Source: Arizona Workforce Information
According to the local paper, the Tucson Metro area will see NO overrall growth in 2011 and only 0.8% in 2012. Here's the state's graph:
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1 comment:
The US needs tariffs and an industrial policy.
http://www.ourfuture.org/blog-entry/2011041728/lagging-gdp-growth-shows-austerity-fixation-hurting-our-economy
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