Phoenix - Comprehensive Overview of the City, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail
Summary
“City Profile - Phoenix” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Phoenix.
Greater Phoenix, also referred as the Phoenix metropolitan area, is located in the central Arizona region. The area has a strong presence of industry and service sectors. The area's economy is dominated by tourism, financial intermediation, real estate; wholesale and retail trade; hotels and restaurants. The economy of the area shrunk in 2020, owning to health crisis but witnessed recovery in 2021. Crisis affected sectors were retail, tourism, hospitality as well as various industries
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
Scope
- The service sectors remain the key contributors to the regional economy - and the major employers.
- Phoenix is a key tourist destinations in Arizona US, for both domestic and international tourists. The tourism and hospitality sectors were under pressure owning to the COVID-19 health emergency. Weak performance is observed in the construction sector with decreases in number of building permits issued and building completions.
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
- City Snapshot
- PEST Analysis
- Political
- Economic
- Social
- Technology and Infrastructure
- Communications
- Internal Transport Networks
- Connectivity
- Airports
- Business Environment Analysis
- Travel and Tourism
- Tourism Flows
- Hotels
- Attractions
- Events
- Construction and Real Estate
- Investment
- Real Estate Market
- Retail
- Retail Market
- Consumption, Income and Price
- Appendix
- Sources
- Further Reading
- Ask the analyst
- About MarketLine
- Disclaimer
- List of Tables
- Table 1: Phoenix metropolitan area - key facts, (estimates), 2021
- Table 2: Phoenix metropolitan area - real GDP and real GDP growth, 2000-25
- Table 3: Phoenix metropolitan area - economic growth comparison (Index 2010=100), 2000-25
- Table 4: Phoenix metropolitan area - GDP per capita comparison, 2000-25 ($)
- Table 5: Phoenix metropolitan area - employment structure, 2000-25 (% of total)
- Table 6: Phoenix metropolitan area - main universities, 2021
- Table 7: Phoenix metropolitan area - population comparison, 2000-25 (million)
- Table 8: Phoenix metropolitan area - population by age, 2000-25 (% of total)
- Table 9: Phoenix metropolitan area - mass transit network indicators, 2021
- Table 10: Phoenix metropolitan area - Phoenix Sky Harbor International Airport, key airport indicators, 2018-21*
- Table 11: Phoenix metropolitan area - prime office rents, Q4 2021
- Table 12: Phoenix and Central Arizona - domestic overnight visitors (in millions), 2017-20
- Table 13: Phoenix and Central Arizona - average tourist expenditure by sector ($), 2020
- Table 14: Phoenix metropolitan area - hotel KPIs, 2019-21
- Table 15: Phoenix metropolitan area - MICE and other events
- List of Figures
- Figure 1: Phoenix metropolitan area - real GDP and real GDP growth, 2000-25
- Figure 2: Phoenix metropolitan area - economic growth comparison (Index 2010=100), 2000-25
- Figure 3: Phoenix metropolitan area - GDP per capita comparison, 2000-25
- Figure 4: Phoenix metropolitan area - employment structure, 2000-25 (% of total)
- Figure 5: Phoenix metropolitan area - population comparison, 2000-25
- Figure 6: Phoenix metropolitan area - population by age, 2000-25 (% of total)
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