The Economic and Business Research Center (EBRC) focuses on applied economic research and community education for Arizona.
Through the Forecasting Project, events such as the Economic Outlook Luncheon, funded research projects and online resources Arizona’s Economy, Arizona-Mexico Economic Indicators and the MAP Dashboard, EBRC makes the latest data and analysis available to Arizona's citizens and decision makers.
2020 ELLER ECONOMIC OUTLOOK
December 4, 2020 - the Eller College featured its Annual Economic Outlook virtually on Zoom. In the event video below, EBRC director and research professor George Hammond, former Chase Chief economist Anthony Chan and EBRC senior research economist Jennifer Pullen take a deep dive into the economic forecast for Arizona and the nation in this historic year.
CORONAVIRUS DAILY AND WEEKLY ECONOMIC INDICATORS
As the impacts of reduced household wealth and social distancing work through the economy due to the spread of COVID-19, tracking the economic performance of the travel and tourism sector can help to get an early read and provide insight into the size and scope of these impacts on the overall economy. Going forward we will be tracking key indicators: daily confirmed cases of COVID-19 in Arizona, its counties, and the U.S., initial claims for unemployment insurance clims in Arizona and the U.S., Hotel occupancy rates, movie ticket sales, number of movie releases. Check back often for updates and as we add new indicators.
Just scroll down the page to review and download the indicators. Use your cursor as a tooltip on the charts to view the numbers.
As of March 23, 2020, all Arizona and U.S. daily confirmed coronavirus case data is extracted, recorded, and updated on the site between 9am and 10am PST. It is possible for these numbers to change throughout the day.
Note: The official initial claims for unemployment insurance numbers for the U.S. are released every Thursday morning covering the week ending on the previous Saturday.
These data show year-over-year seated diners at restaurants on the OpenTable network across all channels: online reservations, phone reservations, and walk-ins. For year-over-year comparisons by day, we compare the week ending Saturday to the same week in the previous year. this dataset is based on a sample of approximately 20,000 restaurants that provide OpenTable with information on all of their inventory.
These data reflect weekly applications for Employer Identification Numbers (EINs) in Arizona which are likely to result in employment and wages. These include applications: (a) from a corporate entity, (b) that indicate they are hiring employees, purchasing a business or changing organizational type, (c) that provide a first wages-paid date (planned wages); or (d) that have a NAICS industry code in manufacturing (31-33), retail stores (44), health care (62), or restaurants/food service (72). Applications for EINs occur before the jobs and wages are added, so this is a leading indicator. Source: U.S. Census Bureau.
Explore EBRC's Community Sponsored Projects
The Forecasting Project
EBRC’s Forecasting Project team produces the most in-depth economic analyses and forecasts available for Arizona and its communities. These quarterly forecasts aid our community sponsors around the state in their pursuit of the next level of business success. - George Hammond, Forecasting Project director
"Maricopa Association of Governments uses the data, analysis and forecasts from EBRC’s Forecasting Project to add to our understanding of emerging trends in the Phoenix metropolitan area. It gives us another valuable way to view the future of the region."
- Anubhav Bagley, Regional Analytics Director, Maricopa Association of Governments
"EBRC’s Forecasting Project provides the RTA with high-quality data, analysis, and forecasts for the Tucson region that add significantly to our understanding of local economic trends and implications for the future. The economic data we receive is critical to our organization."
- Robert Samuelsen, Chief Financial Officer, Regional Transportation Authority
For more than half a century, the EBRC’s award-winning online magazine, Arizona’s Economy, has brought you the latest economic outlook and forecast data for Arizona, Phoenix and Tucson, plus news and applied research on topics which affect doing business in Arizona. You will also find the latest indicator data for all Arizona’s metro areas and counties.Read Arizona's Economy
The award-winning Making Action Possible (MAP) Dashboard’s mission is to measurably improve Southern Arizona through data-driven, collective civic action and education. The MAP provides data and analysis on a wide range of socio-economic indicators, while exploring key trends, and allowing for comparison at the metropolitan, state, national, and county level.View the MAP Dashboard
Arizona-Mexico Economic Indicators
Track Arizona’s trade and competitiveness in the U.S.-Mexico region. Find analysis of current issues and data on Arizona-Mexico import/export, commodity flows through Arizona’s border ports of entry, investment, border crossings, population and tourism. We also provide comparative data for other border states and major ports connecting the U.S. and Mexico.View Arizona-Mexico Indicators
EBRC’s work on the MAP Dashboard website has helped to move the needle in several key areas. It has become the trusted source of information that Southern Arizona uses to benchmark progress and inspire action.
- Ron Shoopman, Chair, Arizona Board of Regents
Arizona Payroll Job Growth in 2018
vs. 1.7% for the US
Arizona Average Hourly Earnings 2018
Up 1.5% in 2018 vs. $27.53 for the US, up 3.3%
Arizona's Population as of July 1, 2019
1.7% annual growth vs. 0.6% for the US
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