Greater Phoenix’s large talent base and competitive labor costs make it the place for businesses to go to scale

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Greater Phoenix has become a top place to perform research due to the qualified candidates graduating from Arizona's universities, the variety of tax credits and the amount of profit that can be made

Greater Phoenix Economic Council delivers record-breaking year

The Greater Phoenix Economic Council (GPEC) ended Fiscal Year 2016 with another round of record breaking numbers for the region – including the highest number of assisted locates, projected jobs numbers and average high-wage, high-skilled salary. Working together with GPEC’s 23 cities and towns, GPEC assisted in the location of 43 companies during the fiscal year, adding a projected 7,703 new jobs to the market, with an average salary of $70,897 for nearly half of those jobs.

“This was one of the most dynamic 12-month periods in the last decade, including headquarter expansions, increased international activity and more big-name tech companies entering the market,” said Chris Camacho, president and CEO of the Greater Phoenix Economic Council. “The truly collaborative efforts from our communities solidifies the region’s reputation for being a high-value place for businesses to thrive.”

Read the full release here.