By Victoria Harker | Chamber Business News
Arizona’s three public universities made a promise to citizens a year ago to raise the state’s competitive standing and per capita income through an ambitious initiative called the “New Economy Initiative: Enhancing Arizona’s Competitiveness.”
Though Arizona has seen incredible population growth and industry growth in certain sectors, the state lags behind the nation when it comes to personal income and discretionary spending, said Michael Crow, president of the state’s largest university, Arizona State University (ASU).
