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

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  • 34 Pages
  • August 2025
  • Region: Global
  • MarketLine
  • ID: 6234714
“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.

The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

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. In 2024, the Phoenix metropolitan area demonstrated strong economic resilience, achieving a real GDP growth rate of 3.8% and a nominal GDP of $424.0 billion, driven by robust job creation and significant business investments.

Report Scope

  • The service sectors remain the key contributors to the regional economy - and the major employers.
Phoenix remains a major driver of Arizona’s tourism and construction sectors, with strong visitor numbers and significant economic contributions from both industries.
Major infrastructure and manufacturing projects, such as the high-speed rail and TSMC’s semiconductor plant, are set to further boost the region’s economic growth through 2030.

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.

Table of Contents

1. City Snapshot
2. PEST Analysis
2.1 Political
2.2 Economic
2.3 Social
3. Technology and Infrastructure
3.1 Communications
3.2 Internal Transport Networks
3.3 Connectivity
3.4 Airport
4. Business Environment Analysis
5. Travel and Tourism
5.1 Tourism Flows
5.2 Hotels
5.3 Attractions
5.4 Events
6. Construction and Real Estate
6.1 Investment
6.2 Real Estate Market
7. Retail
7.1 Retail Market
7.2 Consumption, Income and Prices
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List of Tables
Table 1: Phoenix metropolitan area - key facts (estimates), 2024
Table 2: Phoenix metropolitan area- real GDP and real GDP growth, 2000-30
Table 3: Phoenix metropolitan area- economic growth comparison (Index 2010=100), 2000-30
Table 4: Phoenix metropolitan area - GDP per capita comparison, 2000-30 ($)
Table 5: Phoenix metropolitan area - employment structure, 2000-30 (% of total)
Table 6: Phoenix metropolitan area - main universities, 2025
Table 7: Phoenix metropolitan area - population comparison, 2000-30 (million)
Table 8: Phoenix metropolitan area - population by age, 2000-30 (% of total)
Table 9: Phoenix metropolitan area - mass transit network indicators, FY2023-24
Table 10: Phoenix metropolitan area - Phoenix Sky Harbor International Airport’s key airport indicators, 2019-25*
Table 11: Arizona - overnight visitors (in millions), 2021-24
Table 12: Phoenix and Central Arizona - average expenditure per person by sector ($), 2021-23
Table 13: Phoenix metropolitan area - hotel KPIs, 2020-25*
Table 14: Phoenix metropolitan area - MICE and other events
List of Figures
Figure 1: Phoenix metropolitan area- real GDP and real GDP growth, 2000-30
Figure 2: Phoenix metropolitan area- economic growth comparison (Index 2010=100), 2000-30
Figure 3: Phoenix metropolitan area- GDP per capita comparison, 2000-30
Figure 4: Phoenix metropolitan area - employment structure, 2000-30 (% of total)
Figure 5: Phoenix metropolitan area - population comparison, 2000-30
Figure 6: Phoenix metropolitan area - population by age, 2000-30 (% of total)