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Arizona Universities

The Impact of ASU Graduates Employed in Arizona in 2022

An update to the November 2022 paper that presented data through 2021, estimates are presented of the number of ASU graduates working in Arizona, as well as their average wage, aggregate wages, and tax payments. Estimates are made for each year from 2012 through 2022.

Arizona Economic Impact Substates Arizona Universities
Arizona Universities

Economic Impact of Arizona State University, Fiscal Year 2023

The spending of Arizona State University and its employees, students, and visitors in fiscal year 2023 had the following direct, indirect, and induced impacts on the Arizona economy: gross product of $5.75 billion, labor income of $3.58 billion, and employment of 56,930.

Arizona ASU Economic Impact Arizona Universities
Public Finance

Tax Reductions in Arizona: Effects on Economic Growth and Government Revenue: 2023 Update

Since the early 1990s, the Arizona Legislature has repeatedly reduced tax rates and narrowed tax bases of revenue sources used by state government — particularly of those sources providing revenue to the general fund. The tax reductions usually were passed with the…

Arizona Economic Growth Supply-Side Economics Tax Burden Public Finance
Public Finance

The Financing of Public Higher Education in Arizona

State and local government appropriations for public higher education — community colleges and universities combined — in Arizona as of fiscal year (FY) 2022 were considerably below the amount needed to equal the national average per full-time-equivalent (FTE) student.…

Arizona Higher Education Finance Nation Public Finance
Arizona Demographics Default

2020 Census Results for Arizona: Part 2

Arizona’s median age in 2020 of 38.9 was nearly identical to the national average, but the state’s increase in median age between 2010 and 2020 tied for the highest in the country. Arizona’s larger-than-average increase can be traced to strong net in-migration at early…

Arizona Decennial Census Migration Nation States Substates Demographics
Productivity and Prosperity

Regional Economic Competitiveness, Part 3: Business Location Factors and an Assessment of Arizona's Competitiveness

On the most reliable measures of business climate, Arizona ranks in the middle of the states. The most important business location factors that can be influenced by public policy are labor force quality and availability, and physical infrastructure quality and…

Arizona Economic Base Economic Competitiveness Economic Development Educational Attainment Infrastructure Investment Nation Productivity and Prosperity Regional Economics States
Productivity and Prosperity

Regional Economic Competitiveness, Part 2: Economic Clusters in Arizona

Arizona’s subpar performance on measures of productivity and prosperity can largely be traced to three factors:

Arizona Economic Base Economic Competitiveness Nation Productivity and Prosperity Regional Economics States Substates
Productivity and Prosperity

Regional Economic Competitiveness, Part 1: Productivity and Prosperity in Arizona

Worldwide, the goal of economic development is to improve prosperity, not simply to grow in economic size. Aggregate growth rates, such as of population and employment, have little (if any) relationship to gains in prosperity.

Arizona Economic Competitiveness Income & Earnings Nation Productivity and Prosperity Regional Economics States Substates
Arizona Demographics Default

Immigration and Labor Market Imbalances: Implications for Policy Reform

The labor market in the United States today is extremely tight. The latest data suggest that there are approximately 4 million more job openings than the number of unemployed workers actively seeking employment — this figure had been as…

Economic Competitiveness Immigration Nation Demographics

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