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Discusses the baseline revenue forecast used in Roadmap to Arizona’s Economic Recovery: A Package to Create Jobs, Improve the State’s Economic Competitiveness, and Balance the Budget.
Dennis received a B.A. in economics and mathematics from Grand Valley State University, a M.S. in economics from Michigan State University, and a Ph.D. in economics from Michigan State University in 1978. He has served on the faculty of the Department of Economics at ASU since 1979, as director of ASU’s L. William Seidman Research Institute (2004-24), and as the director of the Office of the University Economist since 2005.
After receiving his Bachelor of Business Administration from the University of Toledo, Tom earned his Master of Business Administration from Arizona State University in 1976. After working in the private sector, he joined ASU in 1980, working for the predecessor of the L. William Seidman Research Institute. Since 2005, he has served as manager of research initiatives in the Office of the University Economist.
Assesses the total (direct, indirect and induced) contribution of Arizona State University and its employees, students, and visitors in fiscal year 2024 on the state economy as follows: gross product of $6.1 billion, labor income of $3.8 billion, and employment of 55,688.
Summarizes migration data by state from three sources: the Internal Revenue Service, the American Community Survey, and the University of Wisconsin.
EXECUTIVE SUMMARY
Examines the determinants of the locations of high-tech clusters in the United States. Summarizes the development of high-tech activities in Arizona, Metro Phoenix, and Metro Tucson relative to selected states and metropolitan areas.
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