According to the U.S. Bureau of Economic Analysis, Arizona ranked No. 6 nationally for annual gross domestic product (GDP) growth in the first quarter of 2016, ahead of California, Nevada and Texas.
Arizona’s GDP growth of 2.6 percent was led by growth in real estate and rental and leasing; construction; finance and insurance; health care and social assistance; and information sectors.
Source: JLL Research; U.S. Bureau of Economic Analysis
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About the author
Kiana Cox is a senior research analyst in the JLL Phoenix office who works closely with brokerage and support professionals throughout the western region, as well as colleagues throughout the global JLL organization, to provide best-in-class research that differentiates JLL.