ARIZONA ADVANTAGES
Across the world, Arizona is regarded as one of America’s best states for business due to its favorable economic conditions, strategic initiatives and diverse industries. Its highly skilled workforce and access to international markets make it an even more compelling choice for businesses.
The State of Arizona also boasts a robust infrastructure and a commitment to fostering innovation and technology growth.
Where Business Thrives: Arizona’s Competitive Standing
Arizona has long been a top state for business, and maintains its leading position as evidenced by its top rankings in CEO and prestigious business magazines. In 2025, Area Development Magazine named Arizona a top state with 5 to 8 million population in attracting high-impact economic development projects. More of Arizona’s success story can be found below.
Source: Area Development, 20th Annual Shovel Awards, Q2 2025.
Mountain States Rankings
by Total Projects
Source: Site Selection, 2025 Top Investment States, May 2, 2025.
Industrial
Development
Source: Business Facilities, Arizona Attracts Record Investments, April 11, 2024.
FDI (Semiconductors, 2017-2024)
Source: fDi Intelligence, U.S. Report 2025, Retrieved November 2025.
Semiconductors,
Advanced Manufacturing
Source: Business Facilities, 21st Annual Rankings Report, July 29, 2025.
Solar Power
(Installed MW)
Source: Choose Energy, Solar Energy Production by State, November 4, 2025.
Semiconductors /
Batteries / Aerospace
Source: Business Facilities, Doing Business in Arizona, July/August 2025.
Best Business
Climate in America
Source: Business Facilities, 21st Annual Rankings Report, July 29, 2025.
Best States
to Start a Business
Source: WalletHub, Best & Worst States to Start a Business, January 20, 2025.
Best and Worst States
for Business
Source: Chief Executive, 2025 Best and Worst States for Business, April 28, 2025.
America’s Top States
for Business
Source: CNBC, 2025 America’s Top States for Business, July 11, 2025.
Best States for
Outdoor Enthusiasts
Source: Smile Hub, Best States for Outdoor Enthusiasts, June 24, 2025.
Visit the Business Climate page to learn more about how Arizona promotes economic and business prosperity.