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Vehicle Registrations, Percent Change

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Visualization Notes:

The percent change in the number of noncommercial vehicles (passenger vehicles and pickup trucks) registered in Arizona goes up and down with the economic cycle. However, the fluctuations in vehicle registrations are greater than those of population growth, with registrations rising faster than population during periods of strong economic growth but slower during economic recessions. Following five straight years of gains of at least 3 percent per year, the number of registrations have increased by 1 percent or less in each of the last four years.