Annual Features: Arizona Prices in the 21st Century

Inflation as measured by the Consumer Price Index (CPI) for the Phoenix metro area rose 0.3% year-over-year in April, a decrease from 1.8% in February.

Arizona gained 11,400 nonfarm jobs in March (+0.35%, -0.3% year-over-year) – putting Arizona 6th among all states in monthly job growth

Arizona gained 4,300 nonfarm jobs in February (+0.13%, -0.4% year-over-year) – putting Arizona 15th among all states in monthly job growth. For perspective, the total U.S. job growth rate in January was 0.0

Arizona gained 7,400 nonfarm jobs in January (+0.23%, -0.3% year-over-year) – putting Arizona 8th among all states in monthly job growth. For perspective, the total U.S. job growth rate in January was 0.07%