Keeping the Phoenix Area Business-Friendly
Tax credits for businesses, low unemployment, an upcoming recession... How do all these factors work together to create a "business-friendly" environment in Phoenix?
Chris Camacho, president and CEO of Greater Phoenix Economic Council (GPEC) explains a bigger picture of the business economy in the valley in his interview with AZ Big Media (link below).
We may just think that growth environments just "happen" but it is actually a reflection of many very conscious actions. People and policy makers behind the scenes making decisions in favor of businesses keep us moving forward. Some of the policies involve small businesses, but the goal of others is to invite large international businesses to set up shop in our neighborhood.
As this article confirms, we are on our way to becoming a Tier 1 Market, despite an estimated recession ahead. Federal activity intended to slow inflation levels is also putting a pause on some of the explosive growth we've seen in the past few years. However, important statistics like unemployment seem to be staying in a good place. Have our policy makers positioned us to ride out the downturn without feeling the effects where it hurts most? Only time will tell, but reading Chris Camacho's approach may help you identify if you like the direction the Greater Phoenix Economic Council is going. Keeping the Phoenix Metropolitan area "business-friendly" seems like a good goal to us. Is this the best way to make that happen?
Read the article: https://azbigmedia.com/business/heres-why-metro-phoenix-is-on-the-way-to-becoming-a-tier-1-market/