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Phoenix - Comprehensive Overview of the City, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail

February 2022 | 37 pages | ID: C4DCD7F4823EN
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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.
REASONS TO BUY
  • 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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