Western Blue Chip Consensus Economic Forecast for Arizona
Arizona Recession Probability Remains Low
Arizona Compositie Cyclcial Indicators
The probability of an Arizona recession is based on the composite leading indicaator and a calculated probability is derived statistically. This probability measures the risk of a nearterm (6-12 month) downturn in the state's economy. The net contribution shows the components affecting the overall change in the leading indicator and the number of components available in the latest month's estimate. The latest month's reading is preliminary and will change based on more complete information.
Arizona Coincident and Leading Economic Indicators
Arizona Composite Cyclical Indicators
Selected Arizona Economic Indicators
A Partnership Between The Retail Economist, LLC & the Arizona Department of Revenue
Net Contributions to Changes in Leading Indicator
Current month data are preliminary and based on a more limited set of data. These data are revised as more statistics become available.