Some fantastic news hit Arizona Offices this month, with numbers indicating more businesses in Arizona office space are creating jobs than in almost any other state in the nation.
According to a recent report released by Arizona State University, Arizona is fourth in the nation in job growth. Moreover, Phoenix also holds fourth in job growth among major cities in America. This is fantastic news for Arizona businesses and residents alike, all of whom benefit from a prolific economy. Job growth leads market growth, encouraging new companies to start and expand business to Arizona offices.
The report, conducted by Professor Lee McPheters at ASU’s W.P. Carey School of Business, shows that Arizona outpaced the national average (1.4 percent job growth) by a full percentage point. Phoenix, too, tied for fourth place among major cities with almost a 3 percent increase in the number of jobs created.
McPheters told the East Valley Tribune that he expects Arizona to rank among the top 10 states for job growth this year, a dramatic improvement from the 2010 ranking of 49th in the nation in employment growth. The study observed the job growth between July 2011 and July 2012.
To move your business to the booming Arizona economy, contact Camroad Properties today! Our beautifully maintained properties are the perfect setting for your professional success.
Written by: Savannah Ivanitski