What Is The Biggest Industry In Arizona?

Who is the biggest employer in Arizona?

State Profile: Largest Employers#EmployerNumber of Employees1University of Arizona14,4662Raytheon Missile Systems13,0003Arizona State University12,2184Mesa Public Schools10,00022 more rows.

What are Arizona’s 5 C’s?

Arizona’s Five C’s are: Copper, Cattle, Cotton, Citrus and Climate. In the early years of the state, the five C’s served an important role in the economy, with many jobs in agriculture, ranching, and mining.

What is the #1 industry in the world?

(Its Twitter bio reminds us that tourism is “one of the world’s largest industries.”) It provides a yearly assessment (pdf) of the tourism and travel industries based on the the standard satellite accounting system.

How much do you have to make to live comfortably in Arizona?

According to the site, the income needed in Phoenix is $48,876. The article considers 50 percent for necessities, 30 percent for discretionary spending and 20 percent for savings.

What is Arizona known as?

ArizonaQuarterStatequarter. jpg. The U.S. Mint’s bicentennial commemorative quarter for Arizona features the Grand Canyon, saguaro and other cacti, and the state nickname: “Grand Canyon State.” Arizona became the 48th state in 1912.

Which industry will grow in 2020?

Fastest Growing Industries in the US in 2020Cough & Cold Medicine Manufacturing OTC. … 3D Printing & Rapid Prototyping Services. … Hydraulic Fracturing Services. … Autonomous Underwater Vehicle Manufacturing. … Stock & Commodity Exchanges in the US. … Medical & Recreational Marijuana Growing. … Massage Franchises.More items…

What are the major industries in Phoenix?

Map of Industries by Tract in PhoenixAgriculture.Oil & Gas, and Mining.Construction.Manufacturing.Wholesalers.Retail.Transportation.Utilities.More items…

What are the 5 largest industries in the world?

The 10 Global Biggest Industries by RevenueGlobal Oil & Gas Exploration & Production. … Global Commercial Real Estate. … Global Car & Automobile Sales. … Global Car & Automobile Manufacturing. $2,976,5B.Global Direct General Insurance Carriers. $2,535,2B.Global Commercial Banks. $2,341,0B.Global Auto Parts & Accessories Manufacturing. $1,872,8B.Global Tourism. $1,541,0B.More items…

What major companies are in Arizona?

The 50 biggest companies in ArizonaPetSmart, Phoenix, 53,000.Banner Health, Phoenix, 50,000.Circle K, Tempe, 40,000.ON Semiconductor, Phoenix, 36,000.U-Haul, Phoenix, 30,616.Freeport-McMoRan, Phoenix, 30,000.Sprouts Farmers Market, Phoenix, 30,000.Amkor Technology, Chandler, 29,300.More items…•

What are the 11 sectors of the economy?

The order of the 11 sectors based on size is as follows: Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

What state has the most industry?

This simple approach identified 19 states that are leading the U.S. in manufacturing prosperity: Alabama, Arkansas, California, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Mississippi, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Texas, and Wisconsin.

Which industry makes the most money?

Which Industry Makes The Most Money?Accounting, Tax Preparation, Bookkeeping, and Payroll Services — 18.4 percent (Net Profit Margin)Lessors of Real Estate — 17.9 percent.Legal Services — 17.4 percent.Management of Companies and Enterprises — 16.0 percent.Activities Related to Real Estate — 14.9 percent.Offices of Dentists — 14.8 percent.More items…•

What is Arizona main source of income?

Arizona’s manufacturing revenues are generated from high tech products like computers, electronic equipment, and aerospace vehicles. Agriculture and mining are also important in Arizona along with cattle ranching.

What industry makes the most millionaires?

Source of wealthRankIndustry% of billionaires1TMT11.1%2Real estate9.1%3Manufacturing8.5%4Investments8.3%6 more rows•Mar 18, 2018

What products does Arizona make and sell?

Arizona’s diverse terrain and climate bring diverse ag products. Cattle and calves and dairy are leading Arizona ag products, with cotton, lettuce and hay positioned as top-produced crops.

What are 3 major industries in Arizona?

The major employment sectors in Arizona include aerospace, electronics and semi conductor manufacturing. Tourism, business services and back-office operations are also important sectors. Arizona’s original export activities – agriculture and mining – remain significant in many rural parts of the state.

What is the main industry of Arizona?

The Arizona Office of Tourism lists manufacturing, mining (gold and silver, but mostly copper), and tourism (37 million visitors in 2008, with more than 170,000 jobs in travel and lodging) as the state’s major industries.

Is Arizona a good place to live?

Phoenix, Arizona is a great place to live. It’s a bustling city in the middle of the desert and, yes, it does get hot. Yet, that’s a minor inconvenience when you can enjoy the outdoors year-round, right? Greater Phoenix has been and continues to be one of the hottest growth areas in the United States.

What drives the Phoenix economy?

The economy of Phoenix was focused during the early years of Phoenix primarily on agriculture and natural resources, dependent mainly on the “5Cs”, which were copper, cattle, climate, cotton, and citrus. Since World War II, the Phoenix economy has become diversified.

How is the economy in Phoenix AZ?

– The Sales Tax Rate for Phoenix is 8.6%. The US average is 7.3%. – The Income Tax Rate for Phoenix is 4.2%. The US average is 4.6%….Income and Salaries for Phoenix.ECONOMYPhoenix, ArizonaUnited StatesUnemployment Rate4.9%3.7%Recent Job Growth3.3%1.6%Future Job Growth48.2%33.5%Sales Taxes8.6%6.2%26 more rows

What is the biggest industry in the United States?

Which Are The Biggest Industries In The United States?RankIndustry% of total GDP1Real estate, renting, leasing13%2State and Local Government9%3Finance and insurance8%4Health/social care8%15 more rows•Aug 1, 2017