Chart of the Week: Shifting economic landscape in Phoenix

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COW_Phoenix_January 5Phoenix has been mistakenly classified as a construction- and real estate-intensive metro by many, when in fact the economy is very diverse relative to other metros and states. Despite trade, transportation and utilities as well as professional and business services being the primary employment sectors, education and health services has grown over the last decade to be a substantial source of jobs while manufacturing and government are becoming less of a factor in the Valley’s growth.

Click here for more market insight on our Phoenix research group web page: Phoenix – Research

Click to tweet: See how the economy in #Phoenix has changed over the last two decades in #JLL’s #ChartoftheWeek

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