ARIZONAS ECONOMY 2025

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The document titled 'Arizona’s Economy and the Legal Arizona Workers Act' by Judith Gans provides a comprehensive analysis of the impacts of the Legal Arizona Workers Act (LAWA) on Arizona's economy. It discusses the background and enforcement mechanisms of LAWA, which was enacted to reduce illegal immigration by holding employers accountable for hiring unauthorized workers. The report examines demographic trends, recent economic conditions, and employment statistics in sectors reliant on immigrant labor. It highlights that while LAWA aims to curb illegal immigration, its effects are difficult to measure due to concurrent economic downturns and limited data. The findings suggest that the law's impact may not be fully realized until economic conditions improve.

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What is Arizonas main economy?

The real estate, rental, and leasing industry contributed the most to Arizonas GDP in 2024, generating a value of $75.1 billion. It was followed by professional and business services ($57.7B) and government ($47.0B).

What are the 4 Cs of the Arizona economy?

Arizonas Five Cs are: Copper, Cattle, Cotton, Citrus and Climate. In the early years of the state, the five Cs served an important role in the economy, with many jobs in agriculture, ranching, and mining.

Which US state has the strongest economy?

Arizona may not be the best state to live in, but its still not the worst, ing to the newest best states ranking from U.S. News and World Report.

Where does Arizona rank in economy?

Arizona is currently ranked 6th in the United States for its economic outlook. This is a forward-looking forecast based on the states standing (equal-weighted average) in 15 important state policy variables. Data reflect state and local rates and revenues and any effect of federal deductibility.

What are Arizonas top 3 exports?

In 2024, Arizona exported $32.2B, making it the 21st largest exporter out of the 54 states in United States. The top exports of Arizona were Aircraft parts (gliders, balloons, and powered aircraft) ($4.73B), Integrated Circuits ($2.4B), Computers ($2.29B), Medical Instruments ($1.66B), and Copper Ore ($1.62B).

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