By Russ Wiles, The Republic
Arizona’s economy has slowed over the past year but remains on a growth trajectory with no recession in sight, according to economists speaking at an event in Phoenix on Wednesday.
“Arizona has downshifted a bit,” said Lee McPheters, an economics professor at Arizona State University, referring to job growth. But he predicted the statewide job tally will pick up in 2018 as the national economy expands.
Among other predictions offered by speakers at the forum sponsored by JPMorgan Chase and ASU’s W.P. Carey School of Business:
Arizona will continue to rank among the 10 best states for job growth, though at a lower spot than prior years.