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Indicator Insight Publications

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    Indicator Insight Volume: 5 Issue: 2
    Author(s):
    Tom Rex
    Published: Thursday, March 12, 2015

    In the years following World War II, high-technology activities became a disproportionately large part of the Arizona economy, focused on the manufacturing of electronics and aerospace products. These high-tech activities were primary drivers of the Arizona economy from the 1950s into the 1980s, joined along the way by the manufacturing of instruments.

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    Indicator Insight Volume: 4 Issue: 5
    Author(s):
    Tom Rex
    Published: Wednesday, July 16, 2014

    Arizona’s total value of international exports as a share of gross product was 33rd highest among the 50 states and District of Columbia in 2012. Arizona ranked 36th for manufactured goods. In 1997, Arizona had ranked eighth overall and ninth for manufactured goods. The state’s large relative decline in export share can be traced to its sizable relative decrease in its manufacturing sector. In particular, the electronics manufacturing subsector’s share of total GDP has dropped considerably.

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    Indicator Insight Volume: 4 Issue: 4
    Author(s):
    Tom Rex
    Published: Wednesday, May 7, 2014

    For decades, Arizona was one of the national leaders in aggregate economic growth, as measured by the percent change in measures such as gross product and employment. However, its growth rate always has been highly cyclical. During expansionary periods, Arizona always has been among the top states on the rate of growth. During recessions, the Arizona economy generally slumped at a rate similar to the national average, but would experience a rapid recovery. This pattern continued through the economic expansion of the mid-2000s.

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    Indicator Insight Volume: 4 Issue: 3
    Author(s):
    Tom Rex
    Published: Thursday, August 15, 2013

    Per capita earnings in Arizona has been lower than the national average for decades. The 2011 differential of 19 percent is the largest on record; the typical differential has been between 10 and 15 percent. Thus, for residents who have spent some or all of their working life in the state, the state’s historically low per capita earnings help to explain the state’s below-average per capita property income.

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    Indicator Insight Volume: 4 Issue: 2
    Author(s):
    Tom Rex
    Published: Wednesday, May 1, 2013

    The transaction privilege tax (TPT), often referred to as the sales tax, is a major source of revenue for state and local governments in Arizona. The TPT is applied to numerous categories, such as contracting and utilities. The analysis in this paper is limited to the retail category, which accounts for half of the TPT collected by state government, and the restaurant and bar category, which contributes one-tenth of the TPT revenue.