Future-Proofing Phoenix: Investing in Economic Growth

Cityscape of Phoenix, Arizona depicting economic growth and community engagement.

Phoenix, AZ, January 9, 2026

Phoenix, AZ, continues to showcase its potential for economic growth through strategic investments in areas where residents agree. Priorities such as education, housing affordability, child care, and transportation infrastructure have widespread support among voters. A recent report indicates that aligning public investments with these priorities could unlock significant economic gains, create jobs, and enhance tax revenues, ultimately fostering a more resilient future for Arizona’s vibrant economy.

Phoenix, AZ

Future-Proofing Phoenix: Smart Investments Where Arizonans Agree

In a rapidly evolving economic landscape, Phoenix continues to stand as a beacon of opportunity and innovation. This bustling metropolis, and indeed the entire state of Arizona, is consistently shaped by the ingenuity of its entrepreneurs and the resilience of its local businesses. To secure an even brighter future, there’s a growing recognition that strategic investments, particularly in areas where voters demonstrate clear consensus, are paramount for sustained economic growth.

The spirit of self-reliance and the drive to build something new are deeply ingrained in the fabric of Arizona’s economy. As local businesses strive for excellence and innovation, the conversation naturally turns to how public policy and private initiative can best align to foster an environment of prosperity. By focusing on shared priorities, we can cultivate an economic climate that not only supports today’s ventures but also lays robust groundwork for the next generation of Arizona AZ entrepreneurs.

Strategic Vision: Investing Where Arizonans Agree

A significant step towards future-proofing the state’s economy involves identifying and investing in areas where Arizona voters already demonstrate broad agreement. A report titled “Unlocking Potential,” developed by the Center for the Future of Arizona (CFA) and Rounds Consulting Group, highlights that Arizonans agree on many key economic priorities. The report suggests that by aligning public investments with these bipartisan priorities, the state could unlock tens of billions of dollars in annual economic gains, create hundreds of thousands of jobs, and significantly boost state and local tax revenues.

This approach reflects a pragmatic understanding that widespread public support can streamline implementation and maximize the impact of economic initiatives. Voters across the state, with 88% agreement, advocate for a long-term investment strategy to support Arizona’s future growth and maintain its quality of life. This consensus-driven strategy provides a clear roadmap for fostering a more stable and prosperous economic environment, prioritizing tangible outcomes that benefit all residents and businesses.

Empowering the Workforce: Education and Child Care

A cornerstone of any thriving economy is a skilled and adaptable workforce. Arizona voters have shown a strong commitment to education, with 85% supporting efforts to increase the number of students who pursue and complete additional education, whether at universities, community colleges, or trade schools. This emphasis on postsecondary attainment and dual enrollment access is vital for equipping future generations with the knowledge and abilities needed for the demands of a modern economy.

Equally critical for workforce stability and growth is addressing the accessibility and affordability of child care. This issue is a significant priority for Arizona voters. Analyses indicate that expanding access to affordable child care could generate more than $12 billion in annual economic output, support over 115,000 jobs across the economy, and free up approximately $9,300 per year in household income. For Phoenix AZ business, this translates into a more stable and available workforce, reducing productivity losses for employers and empowering more parents to participate fully in the labor market.

Building a Strong Foundation: Housing and Infrastructure

The affordability of living and the efficiency of movement are fundamental to sustained economic vitality. Arizona voters have voiced considerable concern regarding housing costs, with 84% indicating that rental prices are too high and 80% finding home prices unaffordable. Addressing housing affordability by reducing household cost burdens could yield substantial economic benefits, including an estimated $13 billion in economic output and the creation of 125,000 new jobs. This not only stabilizes communities but also frees up household income for other economic activities.

Furthermore, there is overwhelming voter consensus on the importance of robust transportation infrastructure. A remarkable 90% of voters across party lines support significant investment in roads, transit, and freeways throughout the state. Such investments are considered critical for the efficient movement of people, goods, and services, which is essential for long-term economic success. For every dollar invested in transportation infrastructure, an economic return ranging from $1.60 to $3.70 can be expected, highlighting the tangible benefits of prioritizing these foundational projects for economic growth.

Fostering a Competitive Environment: Innovation and Sound Regulation

Phoenix’s economic strategy is actively geared toward attracting and retaining high-quality employers in emerging sectors such as technology, advanced manufacturing, renewable energy, and bio-sciences. A key component of this strategy involves cultivating an environment that champions entrepreneurial growth, recognizing its critical role in job creation and fostering a culture of innovation within Phoenix small business. The city also prioritizes developing and retaining a qualified talent pool to meet the evolving needs of both businesses and the wider community.

Maintaining a competitive business environment also involves navigating the regulatory landscape with efficiency and foresight. While regulations are essential for ensuring fair practices and accessibility, such as the Nationwide U.S. Equal Employment Opportunity Commission (EEOC) guidance on workplace harassment and the Nationwide Americans with Disabilities Act (ADA) Title III regulations, there is also a constant need for regulatory adaptation to support new business models and reduce unnecessary burdens. Proactive engagement in global trade, exemplified by agreements like the U.S.-Mexico-Canada Trade Agreement (USMCA) which strengthens trade and investment rules Nationwide, provides Arizona AZ entrepreneurs with broader market access and opportunities for sustained success.

Conclusion

Phoenix and the state of Arizona are poised for continued prosperity by embracing a strategic, consensus-driven approach to economic development. By channeling investments into areas where voters overwhelmingly agree—such as education, child care, housing affordability, and transportation infrastructure—the state can unlock significant economic potential and build a more resilient future. Coupled with a steadfast commitment to fostering entrepreneurial innovation and maintaining an efficient regulatory environment, Phoenix can ensure its position as a vibrant hub of opportunity. We encourage all residents to support local businesses and remain engaged in the ongoing dialogue that shapes our dynamic economic landscape.

Frequently Asked Questions

What are the key economic priorities for Arizona voters?
Arizona voters widely agree on several key priorities for economic investment, including child care affordability, dual enrollment access, postsecondary attainment, housing affordability, and transportation infrastructure.
What are the potential economic benefits of investing in voter-agreed priorities?
Aligning public investments with these voter-agreed priorities could unlock tens of billions of dollars in annual economic gains, create hundreds of thousands of jobs, and significantly boost state and local tax revenues.
How does child care affordability impact Arizona’s economy?
Expanding child care access and affordability could generate more than $12 billion in annual economic output, support over 115,000 jobs across the economy, and free up approximately $9,300 per year in household income.
What is the voter sentiment on housing affordability in Arizona?
In Arizona, 84% of voters say rental prices are too high, and 80% believe home prices are unaffordable. Reducing housing costs could result in $13 billion in economic output and 125,000 new jobs.
What is the importance of transportation infrastructure to Arizona voters?
A significant 90% of Arizona voters support robust investment in roads, transit, and infrastructure as critical to the state’s long-term prosperity. Every $1 invested in transportation infrastructure can yield an economic return of $1.60-$3.70.
Does the U.S.-Mexico-Canada Trade Agreement (USMCA) impact Arizona?
The U.S.-Mexico-Canada Trade Agreement (USMCA) strengthens trade and investment rules Nationwide, which benefits Arizona businesses and entrepreneurs by reducing potential trade and investment barriers.

Key Features of Arizona’s Economic Future

Feature Description Scope
Voter Consensus on Priorities Arizona voters widely agree on investing in child care affordability, dual enrollment access, postsecondary attainment, housing affordability, and transportation infrastructure. State-level
Economic Impact of Priorities Aligning public investments with voter priorities could unlock tens of billions in annual economic gains, create hundreds of thousands of jobs, and increase tax revenues. State-level
Child Care Benefits Expanding child care access and affordability could generate over $12 billion in annual economic output and support over 115,000 jobs. State-level
Housing Affordability Concern 84% of Arizona voters find rental prices too high, and 80% find home prices unaffordable. State-level
Transportation Infrastructure Support 90% of Arizona voters support robust investment in transportation infrastructure. State-level
Return on Transportation Investment Every $1 invested in transportation infrastructure can yield an economic return of $1.60-$3.70. State-level
USMCA Trade Agreement The U.S.-Mexico-Canada Trade Agreement (USMCA) strengthens trade and investment rules. Nationwide
EEOC Guidance on Harassment The U.S. Equal Employment Opportunity Commission (EEOC) provides guidance on workplace harassment. Nationwide
ADA Title III Regulations Americans with Disabilities Act (ADA) Title III regulations ensure accessibility for businesses. Nationwide

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STAFF HERE PHOENIX WRITER
Author: STAFF HERE PHOENIX WRITER

The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.

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