By Janet Perez | Phoenix Business Journal
2018 is expected to bring healthy growth to the Valley with single-family home construction rising, job growth and an increasing population.
“Basically, 2018 is going to be a pretty decent year, and my guess is most of 2019 will be as well,” said economist Elliott Pollack, CEO of Elliott D. Pollack and Co., an economic and real estate consulting firm in Scottsdale. “Greater Phoenix is going to be growing more rapidly than anyplace else in the state. We will probably grow in the area of 2.5 to 3 percent in 2018 in terms of employment; we will probably grow about 1.8 percent in terms of population; and the jobs will be well diversified with not only leisure-hospitality, education and health services, but also manufacturing and in construction.”
