Phoenix’s Business Community
The Phoenix Business Community is strong and growing. With major private sector employer. corporate headquarters and Fortune 500 companies calling the area home, the area will continue to thrive. Moreover, Fortune 1000 companies are starting to see the appeal of the Valley of the Sun. In addition 84 other major corporations have significant operations in Phoenix area including, Intel U-Haul International, Honeywell and Boeing.
Phoenix is also among the nation’s fastest-growing regions. As a result, Phoenix has been recognized for strong job growth and entrepreneurial environment in aerospace, high-tech and bioscience. Not surprisingly, the local job market continues to grow at a steady rate. As of 2010 the Associated Press noted that Phoenix was in the top five for “the largest generators of net jobs.” The city also sported an unemployment rate below the national average of 9.4 percent.
Besides a flourishing corporate business culture Phoenix is also tops for companies and people moving to the area ranking first among metro areas for “recruitment and attractions” according to a 2008 report by Expansion Management magazine. Arizona State University, University of Phoenix, Grand Canyon University and the internationally recognized Thunderbird School of Global Management graduate school located in nearby Glendale also provide a talented and educated workforce and entrepreneur community.
