By Eric Jay Toll | Phoenix Business Journal
They’re back!
Arizona’s in-migration hit its second highest point since the recession. It is important news for businesses, like home builders, who are dependent on population increases to spur increased sales and comes after two years of declining migration.
Arizona is a long way from building its economy from new homes, as was the case over the last 50 years. The growth rate is still about half what it should be, but data from the U.S. Census shows that the rate of new move-ins is moving in the right direction after a couple of down years.
