Despite lingering concerns due to multiple variants of the coronavirus, supply chain issues, and fears that inflation might dampen the recovery, our region had a fair bit of good economic news this past year.
Consider the fact that in 2021, the number of leads that we fielded for businesses interested in locating in northern Arizona increased by 15% over the last calendar year. At the same time, ECoNA’s Business Retention team reports that few businesses closed in the past 12 months and many are looking to expand.
That’s the macro view on our local economy. Zoom in a bit, however, and you’ll see a lot of exciting developments that made 2021 an excellent year for northern Arizona and indicate that 2022 might be even better.