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Cannabis sales soar, but don’t threaten 5 C’s
Sales of marijuana in Arizona soared to $1.6 billion in 2021, just one year after recreational cannabis was legalized in the state, making Arizona second only to California for retail sales that year, according to an industry research group.Â
Initiative should create jobs, boost economic output in aerospace industry
To address the growing need for a continually diversified and modern workforce, the New Economy Initiative was signed into law, providing millions of dollars in state funding through the Arizona Board of Regents to invest in Arizona’s economic future. This initiative aims to create 40,000 new jobs by 2041, increase economic output to $6.9 billion by 2023, and double the state’s investment in r[...]
Visa backlog from shutdown could cause shortage of farm labor
This month’s federal government shutdown caused a backup in seasonal farmworkers’ visa applications that some groups say could lead to a labor shortage during the coming winter vegetable harvest.
Today’s Arizona encompasses lots of Cs
While Arizona’s legendary 5 Cs together claim a smaller piece of the state’s economic pie, their historical significance remains.
Losing their clout: Four of Arizona’s five Cs not what they used to be
Arizona’s famous five Cs have been used as a quick way to describe the economic engines that drive the state. Representations of copper, cattle, climate, cotton and citrus are all emblazoned on the Great Seal of the state of Arizona, although these industries are not the forces they once were.
