Recent data shared by the Arizona Commerce Authority highlights incredible growth for the most recent fiscal year ending June 30, 2025.
Most notably, Capex exceeded projections by 791%, achieving a monumental $31.64B in investment across the state. Additionally, job growth exceeded projections by 121%, with more than 24K new jobs created across the state, and average wages, at nearly $96K annually, surpassed projections by 162%.
This growth over the past 12 months has been fueled by significant investment from major domestic and international companies across a wide range of industries. Some recent notable projects in the pipeline include Komatsu’s new manufacturing plant in Mesa, GTI Energy’s manufacturing plant expansion in Goodyear, Pure Wafer’s expanded semiconductor facility in Prescott and Quantum Computing’s new chip manufacturing facility in Tempe, among many others.
Graphic courtesy of Arizona Commerce Authority.
