Measuring America's People, Places, and Economy. Failure to invest in human capital accumulation will make it very difficult for the state to eliminate the income gap with the nation. The Arizona long-run projections rely on the IHS Markit 30-year forecast generated in March 2020. The 2017 National Population Projections include a main series and three alternative scenarios. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Community Profiles - AZMAG Keep in mind that the projections may be subject to large revisions in the future as new information impacts the outlook. The South and West also contained the top 15 cities with the largest numeric gains 11 in the South and four in the West. Measuring America's People, Places, and Economy. Arizona, Texas, Florida and Idaho all had several places among the 15 fastest-growing cities or towns: San Antonio, Texas, topped the list of the largest numeric gainers with an increase of 13,626 people between 2020 and 2021. Similarly, the state needs to invest in public infrastructure, like highways and roads, water and sewer, telecommunications, airports, and border ports of entry, to ensure that the state is competitive around the U.S. and globally. These projections are made for July 1 of each year in the projection period. Arizona Population 1900-2022 | MacroTrends The current metro area population of Phoenix in 2023 is 4,717,000, a 1.4% increase from 2022. Employment Compare Western States and U.S. Employment Compare Select Western Metros. This report examines historical and projected life expectancy in the United States and explores differences between the native and foreign-born populations. Projecting the U.S. Population to 2050: Four Immigration Scenarios Get full access to all features within our Business Solutions. endstream endobj startxref This means that net migration will be an increasingly important source of population gains. In, University of Virginia (Weldon Cooper Center for Public Service). 5503 0 obj <>/Filter/FlateDecode/ID[<0E887F2CD07A3443B32ADA77F6555C9C><24CF5E73CBEE3541BF57F95AD59EC46E>]/Index[5495 19]/Info 5494 0 R/Length 60/Prev 269870/Root 5496 0 R/Size 5514/Type/XRef/W[1 2 1]>>stream Net Taxable Sales 2017-2018 Per capita Personal Income 2018 Consumer price index June 2019 Unemployment Insurance At this point, possible long-term impacts are speculative at best. This infographic provides an overview of the Phoenix MSA including demographics, employment, and transportation. The state outlook also depends on the performance of the U.S. and global economies. Profit from the additional features of your individual account. The recovery begins in the third quarter, but even so, real GDP falls by 6.1% in 2020. Official websites use .gov Browse our topics and subtopics to find information and data. The Climate Explorer provides interactive graphs and maps showing past and projected climate conditions for counties and county-equivalents across the United States. Official websites use .gov That was better than the 33.9% replacement rate for the nation through June. Explore census data with visualizations and view tutorials. The Phoenix MSA is home to 67% of the states population and has been one of the top growth areas in the nation. On an annual average basis, state job growth is forecast to hit 4.3% in 2021 (the rebound year) and then gradually decelerate to 1.8% by 2026. Are you interested in testing our business solutions? While Arizona makes progress during the forecast, the rate remains well below the nation, reflecting the states demographic mix. Overall, that implies that Arizona has replaced 46.4% of the jobs lost from February to April. The annual growth rate of 1.0% from 2020 to 2021 increased slightly from 0.8% in the 2019 to 2020 period. The following Excel files contain aggregate population data for each state and the nation.You can also access our national population projections methodology. The current world population of 7.6 billion is expected to reach 8.6 billion in 2030, 9.8 billion in 2050 and 11.2 billion in 2100, according to a new United Nations report being launched today. Census Bureau Projects U.S. and World Populations on New Years Day. The top five counties with the largest numeric gains in housing units between July 1, 2020, and July 1, 2021, were Harris County, Texas (34,132); Maricopa County, Arizona (29,935); Travis County, Texas (25,693); Los Angeles County, California (22,925); and Fort Bend County, Texas (14,230). Personal Income Compare Western States and U.S. Unemployment Rate, SA Compare Western States and U.S. Register Now for the 2023 Eller Breakfast with the Arizona Personal Income Growth Ended 2022 on a High Maricopa County Leads the Nation in Population Growth. Normally, between 67 and 70 percent of Arizona's population lives in Phoenix. Source: Arizona Office of Economic Opportunity. Projected state population of the United States in 2040, by state (in millions) [Graph]. Some content on this site is available in several different electronic formats. Population | United Nations Access demographic, economic and population data from the U.S. Census Bureau. Lock As Exhibit 1 shows, state job gains rebound strongly from the COVID-19 recession, then decelerate to just over 1.0% per year by 2050. The metro area population of Phoenix in 2021 was 4,584,000, a 1.62% increase from 2020. Consumer spending remains the epicenter of the downturn, with a drop of 5.8% this year, but business fixed investment, residential investment, and net exports decline significantly as well. National Population Projections - Cooper Center Living Longer: Historical and Projected Life Expectancy in the U.S. A locked padlock of the 50 most populous countries in 2050. A new series of videos titled "Each US States' Top 30 Cities in 2050". During the next 30 years, Arizona population is forecast to rise by 2.81 million, hitting 10.1 million by 2050. That translated into 2.6% of Arizonas total personal income last year.