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Arizona Economic Forecast
    The Forecast Includes:
  • Arizona's Assets
  • Growth Indicators
  • Industry Leaders

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Arizona Opportunity: Programs & Grants

  • Thmb Az Innovation Challenge ARIZONA INNOVATION CHALLENGE

    ARIZONA INNOVATION CHALLENGE

    The Arizona Innovation Challenge (AIC) awards the most money in the country for a technology challenge – $3 million — to the world's most promising technology ventures.

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  • Thmb Manufacturing Ext REV AZ

    REV AZ

    Rev AZ is Arizona’s Manufacturing Extension Partnership (MEP) center created through a partnership between the Arizona Commerce Authority (ACA) and the National Institute of Technology and Standards (NIST) whose goal is to become the central resource for technical assistance and all things manufacturing for Arizona’s existing community of small and medium-sized manufacturers.

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  • Thmb AZ STEP Grant AZ STEP GRANT

    AZ STEP GRANT

    Arizona’s State Trade and Export Promotion (STEP) program helps businesses gauge their export readiness as well as assists Arizona small businesses as they export markets for the first time or as they expand into new markets.

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  • Thmb Skilled Workforce NAVIGATOR

    NAVIGATOR

    The ACA's Navigator program will connect you - at no cost - with Arizona's highly skilled and available workforce by creating a custom recruiting strategy. 

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  • Low Cost of Doing Business
  • Skilled & Available Workforce
  • STREAMLINED REGULATION
  • ACCESS TO MAJOR WORLD MARKETS
  • SIMPLIFIED TAX SYSTEM
  • EXCEPTIONAL QUALITY OF LIFE

Low Cost of Doing Business

Ranking seventh lowest in average workers compensation costs, sixth lowest in property taxes, and second lowest in unemployment insurance tax.

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Info - 4.5% Income tax

Skilled & Available Workforce

Poised and ready to meet your project needs, the state's workforce is abundant, talented and young. 

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Info - 2nd for workforce quality

STREAMLINED REGULATION

Arizona has created a minimalist regulatory environment by cutting red tape and by repealing overly burdensome regulations.

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Info - Expedited Permitting

ACCESS TO MAJOR WORLD MARKETS

Arizona is immediately accessible to three of the world's largest economies -- California (#9), Texas (#13) and Mexico (#14).

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Info - 800 tons of cargo

SIMPLIFIED TAX SYSTEM

Arizona has among the lowest corporate and individual income tax rates in the nation, lowering your cost of doing business.

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Info - #2 lowest unemployment ins tax

EXCEPTIONAL QUALITY OF LIFE

From an unsurpassed number of sunny days to snow skiing, Arizona’s quality of life is second to none.

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Info - 300 days of sun (gray)

Leading the way: Thriving ARIZONA INDUSTRIES

Arizona business: in action

Company Profile: Frito Lay

Company Profile: Instant Bioscan

AIAF Recipient: Traklight

STEP Recipient: Rigid Industries

Sharing Success: The ACA Blog

Fostering business expansion in Arizona

Mar 13, 2014
T.J. Jennings, Vice President, Capital Strategies, Arizona Commerce Authority 

Arizona actively engages its entrepreneurs with strategic programs to assist in their expansion. The Arizona Innovation Accelerator Fund (AIAF) program is one example of this strategic support. The AIAF program provides debt financing to expanding Arizona businesses that need resources to capitalize on market opportunities.

Arizona Business: News

Accolade Opens New Office in Scottsdale to Support Growing Customer and Consumer Demand

• 08.25.2014

Accolade, a technology-enabled consumer engagement company dedicated to improving the healthcare experience while also lowering costs, has expanded its operations with the opening of a new office in Scottsdale, Arizona. The company expects the office to employ more than 300 by the end of 2016.

GM hiring 1,000 after opening of Chandler tech center

AZCentral.com • 08.22.2014

The Detroit-based company on Friday formally announced the opening of its fourth national IT center, which will employ 1,000 workers in the southeast Valley (Greater Phoenix-area) as the U.S. economy continues a shift toward knowledge-based jobs in science and engineering.

Business leaders: Arizona has what it takes to thrive.

AZCentral.com • 08.15.2014

The ACA reports 17,154 quality new jobs created in fiscal 14. Impressive job totals are just part of the story. Chief Executive Magazine in May ranked Arizona as a Top-10 place to do business in the nation.

Startup central: Arizona a top business grower

AZCentral.com • 08.11.2014

Entrepreneurship and innovation in Arizona have led to successful businesses that are meeting everyday needs of residents and businesses.

Silicon Valley Bank Continues Expansion in Arizona

• 07.30.2014

California-based Silicon Valley Bank today announced its continued expansion in Arizona, with the addition of 250 jobs at its Tempe corporate operations over the next three years. Additionally, the company has committed to lend or invest $100 million to tech and life science companies based in Arizona over the next five years.

Silicon Valley Bank Plans to hire 250 in Arizona, Makes $100M available to high-growth startups

AZCentral.com • 07.30.2014

The California bank expands in Arizona and plans to boost innovation in the state by making $100 million available to high-growth companies.

Phoenix ranks as Top 5 best city for small business

AZCentral.com • 07.23.2014

The National Federation of Independent Business has identified the top five U.S. cities for opening and operating a small business. Phoenix occupies the fifth spot on the list.

Phoenix tech is scorching

USA Today • 06.23.2014

The "Silicon Desert," as locals call it, is thriving, with start-ups taking advantage of the lower cost of living, tight-knit community and talent from one of the nation's largest schools — Arizona State University —  to help sprout new tech ideas.

Weebly Opens North American Customer Operations Headquarters in Scottsdale, Arizona

• 06.4.2014

Weebly, a global service that lets everyone create a high-quality website, has signed a 25,000-square-foot office lease in Scottsdale, Ariz., for the company’s North American customer operations headquarters. Weebly plans to bring more than 250 new positions to the city over the next three years.

Phoenix is the 8th best city for new grads

AZCentral.com • 06.3.2014

Phoenix ranks 9th on Forbes list of American cities with the fastest growing information sectors

AZCentral.com • 05.28.2014

The Phoenix metro area ranks ninth on a new Forbes list of American cities with the fastest-growing information sectors. Close to 2 percent of the jobs in the Phoenix-Mesa-Glendale area are information jobs, according to the list.