Population Increased By 129,642 Last Year...

Market lures contractors to Arizona, from the Business
Journal of Phoenix, reports that the Phoenix metro area continues to draw
home builders and others in the growth industry as the area continues to see
big population gains. According to the latest figures from the U.S. Census
Bureau, Maricopa County's population increased by 129,642 last year, helping
Phoenix pass Philadelphia to become the nation's fifth largest city. As the
area continues to grow, more construction related companies are moving
operations here. Jay Butler, director of Realty Studies at ASU said the
market most likely will absorb more local and national construction
contractors, subcontractors and other growth-industry entities. He points to
the usual economic factors-- a thriving economy and population growth-- to
stimulate the construction business. "Phoenix is typically viewed as one of
the top five growth markets in the country. Some consider it No. 1," he
said. "Phoenix is unique in that way, because we have always had growth on
our side."



http://phoenix.bizjournals.com/phoenix/stories/2007/05/07/story7.html?t=prin
table