ECONOMIC INDICATORS
Arizona’s business-friendly environment, unrivaled talent pool and highly accessible location make it a first-rate choice for enduring market performance. Competitive operating costs, supportive policies and a growing population and economic base drive opportunities across all industry sectors.
Strong GDP growth and job creation highlight Arizona’s dynamic economy, while perpetual investment in research and development and innovation position the state as a leader in economic opportunity.
Arizona Snapshot
Key economic performance metrics below illustrate why Arizona is a premier state for business.
%
Corporate Tax
Rate
Source: Arizona Department of Revenue, Corporate Income Tax, Retrieved September 2026.
%
Manufacturing Sector Growth
(2021-2026)
Source: U.S. Bureau of Labor Statistics, Manufacturing Sector Growth, Retrieved September 2026.
Solar Powered Electricity Generation by State
Source: U.S. Energy Information Administration, Arizona Profile Analysis, June 20, 2024.
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