Tucson still far behind Phoenix in recovery from Great Recession

Tucson. / File photo.

 

Real Estate Daily News

The recession, both nationally and in metropolitan Phoenix, ended years ago.

But those trends have been slow to materialize in Tucson, which still hasn’t quite recovered all the jobs it lost during the recession of 2007-2009.

The region has badly lagged metro Phoenix and the nation in creating jobs, attracting new employers, growing businesses and improving its residents’ prosperity.

There have been signs of life lately, helped by a revitalizing downtown and expansion plans announced by several big corporations. But Arizona’s second-most populous city still has a lot of catching up to do.

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