Productivity and Prosperity

The Performance of the Arizona Economy, Particularly During the Current Cycle


Dennis Hoffman, Ph.D.
Professor of Economics, University Economist, and Director, L. William Seidman Research Institute
Tom Rex, M.B.A.
Associate Director, Center for Competitiveness and Prosperity Research, and Manager of Research Initiatives, Office of the University Economist

Examines economic performance in Arizona and in subregions of the state in three categories: aggregate growth, prosperity, and productivity. Each of the subregions of Arizona contribute to the state’s low and declining levels of productivity and prosperity relative to the national average.


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Dennis Hoffman, Ph.D.
Dennis Hoffman, Ph.D.
Professor of Economics, University Economist, and Director, L. William Seidman Research Institute

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 since 2004, and as the director of the Office of the University Economist since 2005.

Tom Rex, M.B.A.
Tom Rex, M.B.A.
Associate Director, Center for Competitiveness and Prosperity Research, and Manager of Research Initiatives, Office of the University Economist

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.


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