Arizona is a state located in the United States in the southwestern area.Arizona is one of the constituent states present in the United States. The services and industry sector play an essential role in the economy of Arizona along with military establishments.The agricultural production in Arizona includes cattle, dairy products, cotton, and hay and contributes considerably to the economy of the country. Arizona has a number of farms as well which power the agriculture sector of the country.Mining is also an important source of revenue for the state and the country. Many useful metals are extracted here through mining. The transportation sector is also thriving in Arizona along with the manufacturing of transportation equipment, motor vehicles, and the construction of warehousing facilities.Grand Canyon Park and Petrified Forest National park are national parks in Arizona. There are about 210 mountain ranges in Arizona, making the state a prominent center of tourism. The tourism industry in Arizona is highly developed and is growing steadily as Arizona is one of the most popular options for travelers wanting to visit Indian reservations.After reading about facts on the importance of transportation equipment and the services sector in Arizona, also check out Arizona agriculture facts and Arizona geography facts.Facts About Arizona’s EconomyDo you know about the economy of Arizona? What are some facts about Arizona’s economy? Let’s have a look.The quality of soil is really good in Arizona so crops like cotton and alfalfa are produced in large quantities.Arizona is the leading producer of cotton. However, citrus is also grown here which plays a significant role in building up the economy of Arizona.If we talk about livestock there are many products like poultry, eggs, and dairy goods.Metallic ores like copper and zinc are the highest source of revenue for Arizona.The unemployment rate in Arizona is 6.5%.Many repair shops are present in Arizona to cater to the requirement of maintenance of vehicles and transportation equipment.Regarding food products, do you know that Arizona contributes and exports food products to over 70 countries?Facts About Industries In ArizonaJust like any other country or state, Arizona also has many industries. The industrial sector in Arizona has grown to a great extent. Do you know some facts about the various industries in Arizona?If we talk about the various industries or the industrial sector, it includes electronics, manufacturing of semiconductors, business services as well as tourism. These are all very important sectors.Do you know about the primary metals found in Arizona? The primary metals present here include lead, cadmium, and nickel.What is the manufacturing industry in Arizona? The manufacturing industry includes computer microchips, electronic components, and communication systems.What are some of the service industries in Arizona? The service industry includes various industries like aerospace as well as agriculture.The primary production in Arizona includes various agricultural products and dairy products that are important for the entire Arizona economy.Arizona is one of the 10 big states which are considered best for business.What about electronic components? There are a lot of suppliers and buyers of electronic components in the state of Arizona.Northern Arizona has the Northern Arizona University which offers studies in such areas as forestry and agriculture.Facts About Arizona’s Economic ChallengesEvery economy in the world, whether it be a big one or a small one, has many challenges. Do you know some of the challenges of Arizona’s economy?In every nation, the economy faces challenges. If we talk about Arizona, the challenge is strong growth.The unemployment rate and the poverty rate seem to be really high in the economy of Arizona.Arizona has a low personal income per capita.Arizona’s economy is a service economy. This service economy also faces many challenges.Facts About The Largest Employers In ArizonaWhat do you think about the largest employers in Arizona? Which are the largest employers in the economy of Arizona? Do you know some facts about them?The leading employer is the state government of Arizona which has around 49,800 employees.Walmart stores have given employment to around 30,634 employees.Banner Health has around 24,825 employees.The City of Phoenix gives employment to around 15,100 employees.Wells Fargo is another one of the largest employers in Arizona which gives employment to around 13,308 employees.The Bank Of America is a leading financial institution and has around 133,000 employees in the US.Here at Kidadl, we have carefully created lots of interesting family-friendly facts for everyone to enjoy! If you liked our suggestions for Arizona economy facts then why not take a look at Arizona desert facts or Arizona cypress tree facts.
Arizona is a state located in the United States in the southwestern area.
