At Home In Scottsdale | Your Guide to Scottsdale Real Estate

The seasonally adjusted Arizona Business Conditions Index rose to 53.8 in October from 48.2 last month, an 11.5 percent increase. An Arizona Business Conditions Index reading of over 50 indicates that the local economy is growing, while a reading below 50 suggests a slowdown in the overall level of economic activity in the near term. After the critical dip in October, the index has recovered somewhat. 

For a more in-depth review, see the press release at the ASU W.P. Carey School of Business web site.