Wednesday, July 6, 2022
HomeCity and State Gov'tArizona topped nation in economic competitivity last decade, per report

Arizona topped nation in economic competitivity last decade, per report

Arizona has a strong economy and it will continue to be strong, according to the newly-released Rich States, Poor States report from the ALEC-Laffer State Economic Competitive Index. 

The report said that Arizona ranked first in the country in economic performance from 2010 to 2020; this was calculated by looking at the state’s domestic migration, non-farm payroll employment, and state gross domestic product. The state also has a highly-positive economic outlook rank – meaning the organization thinks the state will continue to have strong economic growth. It ranked third in this category, behind Utah and North Carolina respectively.

A major reason for that high ranking in the 2022 metric was the state’s recently enacted tax cuts, according to Jonathan Williams, ALEC’s chief economist.

“It was a savings for hard-working Arizona taxpayers and I think the legislature and Gov. Ducey should be commended for such a commitment to getting tax burdens down in Arizona,” he said.
Read the full article.

Tom Joyce
The Center Square
April 19, 2022

Advert 42
Mortimer\'s Farm
Advert 39
Triple Creek Kitchen
Empire Detail
RELATED ARTICLES

Most Popular

Recent Comments

Join our newsletter: