Arizona Coming in 4th for Job Growth

According to a report released by the Arizona State University last week, Arizona is coming in 4th for job growth.  

North Dakota had the highest job growth, up 6.9 percent from last year, California up 2.6 percent and Oklahoma is up 2.5 percent. Arizona had 2.4 percent growth, which is a full percentage point higher than the national average. The metro Phoenix job growth was 2.9 percent from last year.

According to the report, construction jobs are among those leading the growth right now in Arizona. "I guess that is probably at the top of the list for surprises," said Lee McPheters, a business professor at Arizona State University. "That is up 7.3 percent or more than 8,000 jobs in the last 12 months. That shows that part of the economy, which has always been important, has slowly been picking up steam."

Good news for the Arizona economic recovery as well as the housing industry. To read the full article, click here.  

If you or someone you know is considering a move, new construction has taken a strong lead on housing options for homebuyers. If you are interested in learning more about the available new construction in the Valley, please click here.