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Tag Archives: New Economy Initiative

Initiative should create jobs, boost economic output in aerospace industry

NASA, aerospace, manufacturing, ASU, NAU, University of Arizona, Arizona Board of Regents, New Economy Initiative, jobs, NEI funds

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 return, much of which can and should be generated within the space ecosystem.

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Making a case for New Economy Initiative

Arizona has led the nation in economic growth for several decades. This success was not by accident. When confronted with the direst of economic challenges, our leaders pushed for policy changes that allowed the state’s economy to survive, then thrive. Once again, we are faced with such a situation.

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