This business database is available for immediate download and contains updated business listings for all Arizona businesses that filed changes of demographic, location or contact information for the month of January 2007. Complete Arizona marketing information is available for each of the businesses in this website content database. This Arizona download database can be purchased as a single item using the links provided or you can subscribe to our Updated Businesses Database Service.

In 2006, the Arizona business market remained one of the highest in the United States. The employment rate grew by 4.8 percent by the second quarter, and this growth occured in multiple industries. The only industry that didn't see significant growth was information. While the job rate remained high in 2006, it was lower than 2005. Like many western states, Arizona has experienced a deceleration in job growth. The housing market slowed in 2006, and because housing is directly connected to construction, the construction industry was adversely affected as well. The three cities which experienced the most growth were Phoenix, Prescott, and Yuma.

The business growth remained quite high in Phoenix. In fact, 3 out of 4 jobs created in Arizona were located in Phoenix. The vast majority of these jobs were in the trade, construction, and business sectors. These are also the businesses that experienced the highest rates of growth. The market which experienced a decline is real estate. By the second quarter of 2006, the sale of homes fail from 27% to 20%. In addition to this, the appreciation of homes dropped. The construction industry has slowed down, and this will put a great deal of pressure on businesses that compete in this field.

The quality of mortgage loans have continued to maintain their stability. For example, the number of loans reaching foreclosure was 0.16%, which is much lower than 2005. This made Arizona one of the lowest states in the nation when it came to foreclosures. When it comes to asset, financial institutions reported that they had strong earnings in 2005. For example the pretax return on assets rate was 1.67%, which is an improvement over 2005, when the rate was 1.54 percent. The credit quality also remains stable. While the level was 0.20 in 2005, it dropped to 0.12 in 2006. Overall, the growth of loans have continued to increase over the last year.

The center for investment was the Phoenix metropolitan area, and this trend is likely to continue in 2007. The statistics for Arizona are very similar to what has been seen in many other western states. The real estate industry is very weak in this state, and it is not a good business model for companies that may want to relocate here. The same could be said for construction. The industry with the highest growth is business services, followed by trade, leisure, and education. The information industry has the lowest growth in Arizona, and the natural resources industry closely follows it.

The business growth from 2006 shows that business services will continue to become dominant, as well as trade and leisure. Phoenix experienced population growth, along with the cities of Prescott and Yuma. Even though the real estate industry has weakened, credit products have continued to maintain their stability. Educational businesses continued to remain high during 2006, and this industry was closely followed by jobs that are government related. The manufacturing industry was one of the weakest industries in the state, along with natural resources.