Regional Report: Arizona’s Innovation Ecosystem
How 3 startup companies scaled in Greater Phoenix Greater Phoenix has emerged as a burgeoning startup market with an environment that enables companies to test, deploy and scale new ideas. Called the “next tech hub” by Inc. at a time in which the New York Times wrote that Tempe’s tech industry is fueling commercial office […]
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Ambassador Event: Transportation Infrastructure
Greater Phoenix considers Prop 400 extension to advance regional transportation The Greater Phoenix transportation system was built on the back of a half-cent sales tax established in 1985 and extended in 2004. Over the last 38 years, business and residential expansion has been concentrated on the freeways, light rail and safe streets of the region. […]
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Regional Report: The Future of Greater Phoenix Healthcare
New Healthcare Innovation Economy aims to transform Greater Phoenix with BBBRC funding The New Healthcare Innovation Economy, a project among the finalists for the $1 billion Build Back Better Regional Challenge led by the Greater Phoenix Economic Council (GPEC), will help innovate and transform the region’s economy. There is a massive opportunity for growth through […]
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Ambassador Event: Site Selector Insights Panel
Site selectors share perceptions of Greater Phoenix business environment When businesses consider expansion or relocation, they often use site selectors to locate advantageous markets and connect with local companies and economic development organizations. A group of site selectors joined the Greater Phoenix Economic Council’s Ambassador Event in February to provide insight on the national perception […]
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Regional Report: Economic Trends
Regional experts provide Greater Phoenix housing, economic forecast for 2022 With job loss from the COVID-19 pandemic fully recovered in Arizona and unemployment rates near an all-time low, a group of local experts discussed Greater Phoenix housing and land availability, key market strengths and the regional economy as it continues its upward trend early in […]
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EMD Electronics announces new factory in Chandler to...
January 11, 2022January 11, 2022 New factory in Chandler a will support the growth of the local semiconductor industry The $28 million investment is part of the Level Up program aimed at accelerating innovation and capacities of the company’s Electronics business EMD Electronics, the North American Electronics business of Merck KGaA, Darmstadt, Germany, today announced a new […]
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Convening the Community Part 2: The Economic Imperatives
10 areas of focus for Greater Phoenix’s next stage of growth As Greater Phoenix continues to grow, we must be strategic about how that growth occurs. Growth for growth’s sake is not going to lead to an equitable economy. By deploying intentional strategies and developing innovative collaborations, the market will maintain the current trajectory and become […]
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Convening the Community: Part 1
The 2030 vision of the Greater Phoenix economy Every region hits an inflection point in which it must develop and implement an intentional growth strategy to assure it continues to innovate and stay ahead of the curve in order to remain competitive on the international stage. If successful, a region can thwart decline and spring […]
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Regional Report: Semiconductors
Greater Phoenix becoming global semiconductor industry hub Major investment to the Greater Phoenix economy from domestic and international semiconductor companies has presented the region with an opportunity to become a world leader in the industry. In 1990, almost 40% of the global semiconductor chain was produced in the U.S., but production capacity is now around […]
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Ambassador Event: International Insights
Greater Phoenix’s growth within advanced industries has created a greater need for international partnerships. Foreign direct investment (FDI) helps attract jobs, build strong industry clusters, enhance innovation and contribute to economic stability. In 2017, Greater Phoenix became the center of a 10-year regional plan of strategies and tactics to secure FDI and ensure agility and […]
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