A Plan for the Next Economic Transformation

This report offers an overview of the city of Phoenix's asset map and economic development strategy. The Greater Phoenix market is experiencing rapid growth and has outpaced national and other top metropolitan areas in terms of GMP and job growth. However, the region's economic performance lags behind in terms of productivity and median household income. To drive greater prosperity, the report suggests focusing on core sectors with innovation potential, developing human capital aligned with the next economy, fostering innovation and spatial efficiency, and improving governance to enhance regional competitiveness.