Arizona's economy is currently growing at a slower-than-usual pace. Job growth remains modest, and housing permit activity has declined this year. Phoenix consumer price inflation has significantly moderated below the national average. Economic growth for Arizona is forecast to accelerate in the coming year. Job and income growth are projected to increase, though housing permits may still decline.
https://azbigmedia.com/business/heres-why-the-arizona-economy-is-poised-to-accelerate/