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Economic Growth Only Equaling National Average

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Economic Growth Only Equaling National Average

The quarterly percent change in personal income, seasonally adjusted and inflation adjusted, was considerably higher in Arizona than the national average during early 2006, as is typical during an economic expansion. However, in most quarters from 2007 into 2012, Arizona’s performance was below the national average. Since late 2012, quarterly gains in real seasonally adjusted personal income in Arizona have fluctuated from higher to lower than the national average.