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<title>Phoenix Trendlines</title>
<link>https://phoenix.metrotrendlines.com/posts.html</link>
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<description>Data-driven posts on the Phoenix metro economy, housing, and civic life.</description>
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<lastBuildDate>Tue, 27 Oct 2026 00:00:00 GMT</lastBuildDate>
<item>
  <title>Phoenix-metro trade and transport jobs, September 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-27-phoenix-trade-transport-employment/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-27-phoenix-trade-transport-employment/2026-10-27-phoenix-trade-transport-employment-jobs.png" class="img-fluid" alt="Trade, transportation and utilities payroll employment in the Phoenix metro, thousands of jobs, NSA, 1990 to September 2026: from 220k to a peak of 493k in December 2025, now 479k."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-27-phoenix-trade-transport-employment/2026-10-27-phoenix-trade-transport-employment-share.png" class="img-fluid" alt="Trade, transportation and utilities as a percent of all Phoenix-metro payroll jobs, NSA, 1990 to September 2026: from 22.2% to 19.4%, with a high of 22.2% in January 1990."></p>
<p>Phoenix-metro trade, transportation and utilities employers had <strong>479,100 people</strong> on payroll in September 2026, <strong>up 1.0%</strong> from a year earlier. That is <strong>19.4% of all payroll jobs</strong> in the metro, against 19.3% a year before.</p>
<p>The broadest supersector in the survey: wholesale and retail trade, warehousing, trucking, air and water transport, couriers and utilities.</p>
<p>The two charts answer different questions. The count peaked at 493,000 in December 2025 and says whether the sector is hiring. The share — from 22.2% in January 1990, with a high of 22.2% in January 1990 and a low of 18.6% in September 2019 — says whether it is growing faster or slower than the rest of the economy.</p>
<p>Not seasonally adjusted, so compare a month with the same month a year earlier. The share is computed at read time from two series in the same BLS release, so it stays consistent when the levels are revised.</p>
<div class="post-source">
<p>Source: U.S. Bureau of Labor Statistics, State &amp; Area Employment, trade, transportation and utilities and total nonfarm payrolls, Phoenix–Mesa–Chandler MSA, not seasonally adjusted, via FRED (PHOE004TRADN, PHOE004NAN). The share is derived at read time. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>employment</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-27-phoenix-trade-transport-employment/</guid>
  <pubDate>Tue, 27 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Phoenix-metro finance jobs, September 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-27-phoenix-financial-employment/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-27-phoenix-financial-employment/2026-10-27-phoenix-financial-employment-jobs.png" class="img-fluid" alt="Financial activities payroll employment in the Phoenix metro, thousands of jobs, NSA, 1990 to September 2026: from 78k to a peak of 220k in December 2021, now 206k."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-27-phoenix-financial-employment/2026-10-27-phoenix-financial-employment-share.png" class="img-fluid" alt="Financial activities as a percent of all Phoenix-metro payroll jobs, NSA, 1990 to September 2026: from 7.9% to 8.3%, with a high of 10.2% in April 2020."></p>
<p>Phoenix-metro financial activities employers had <strong>205,600 people</strong> on payroll in September 2026, <strong>down 2.5%</strong> from a year earlier. That is <strong>8.3% of all payroll jobs</strong> in the metro, against 8.6% a year before.</p>
<p>Finance and insurance plus real estate, rental and leasing — banks, insurers, mortgage lenders, brokers and property managers. Real estate and lending also make it sensitive to interest rates in a way most sectors are not.</p>
<p>The two charts answer different questions. The count peaked at 219,900 in December 2021 and says whether the sector is hiring. The share — from 7.9% in January 1990, with a high of 10.2% in April 2020 and a low of 7.1% in May 1995 — says whether it is growing faster or slower than the rest of the economy.</p>
<p>Not seasonally adjusted, so compare a month with the same month a year earlier. The share is computed at read time from two series in the same BLS release, so it stays consistent when the levels are revised.</p>
<div class="post-source">
<p>Source: U.S. Bureau of Labor Statistics, State &amp; Area Employment, financial activities and total nonfarm payrolls, Phoenix–Mesa–Chandler MSA, not seasonally adjusted, via FRED (PHOE004FIREN, PHOE004NAN). The share is derived at read time. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>employment</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-27-phoenix-financial-employment/</guid>
  <pubDate>Tue, 27 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Phoenix-metro professional services jobs, September 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-26-phoenix-professional-services-employment/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-26-phoenix-professional-services-employment/2026-10-26-phoenix-professional-services-employment-jobs.png" class="img-fluid" alt="Professional and business services payroll employment in the Phoenix metro, thousands of jobs, NSA, 1990 to September 2026: from 107k to a peak of 397k in December 2023, now 388k."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-26-phoenix-professional-services-employment/2026-10-26-phoenix-professional-services-employment-share.png" class="img-fluid" alt="Professional and business services as a percent of all Phoenix-metro payroll jobs, NSA, 1990 to September 2026: from 10.8% to 15.7%, with a high of 17.5% in July 2016."></p>
<p>Phoenix-metro professional and business services employers had <strong>388,300 people</strong> on payroll in September 2026, <strong>up 2.2%</strong> from a year earlier. That is <strong>15.7% of all payroll jobs</strong> in the metro, against 15.5% a year before.</p>
<p>This is one of the metro’s largest supersectors, and the least understood. It covers professional, scientific and technical services — law, accounting, engineering, architecture, computer systems design — plus the head offices of companies, and administrative support, which includes temp agencies and building services. A good share of what Phoenix calls tech work is counted here rather than under ‘information’. The temp-help piece makes it one of the first sectors to cut in a downturn: agency workers are the easiest jobs to end.</p>
<p>The two charts answer different questions. The count peaked at 396,800 in December 2023 and says whether the sector is hiring. The share — from 10.8% in January 1990, with a high of 17.5% in July 2016 and a low of 10.7% in November 1990 — says whether it is growing faster or slower than the rest of the economy.</p>
<p>Not seasonally adjusted, so compare a month with the same month a year earlier. The share is computed at read time from two series in the same BLS release, so it stays consistent when the levels are revised.</p>
<div class="post-source">
<p>Source: U.S. Bureau of Labor Statistics, State &amp; Area Employment, professional and business services and total nonfarm payrolls, Phoenix–Mesa–Chandler MSA, not seasonally adjusted, via FRED (PHOE004PBSVN, PHOE004NAN). The share is derived at read time. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>employment</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-26-phoenix-professional-services-employment/</guid>
  <pubDate>Mon, 26 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Phoenix-metro education and health jobs, September 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-26-phoenix-education-health-employment/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-26-phoenix-education-health-employment/2026-10-26-phoenix-education-health-employment-jobs.png" class="img-fluid" alt="Education and health payroll employment in the Phoenix metro, thousands of jobs, NSA, 1990 to September 2026: from 88k to a peak of 434k in April 2026, now 432k."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-26-phoenix-education-health-employment/2026-10-26-phoenix-education-health-employment-share.png" class="img-fluid" alt="Education and health as a percent of all Phoenix-metro payroll jobs, NSA, 1990 to September 2026: from 8.9% to 17.4%, with a high of 17.4% in April 2026."></p>
<p>Phoenix-metro education and health employers had <strong>431,500 people</strong> on payroll in September 2026, <strong>up 3.0%</strong> from a year earlier. That is <strong>17.4% of all payroll jobs</strong> in the metro, against 17.1% a year before.</p>
<p>This is the <em>private</em> sector only: hospitals, clinics, nursing and residential care, social assistance, private schools and colleges. Public schools and the state universities are counted as government. It is the steadiest sector in the data, because demand follows the size and the age of the population rather than the business cycle — the one sharp break in its line is spring 2020, when elective care stopped.</p>
<p>The two charts answer different questions. The count peaked at 434,400 in April 2026 and says whether the sector is hiring. The share — from 8.9% in January 1990, with a high of 17.4% in April 2026 and a low of 8.8% in November 2000 — says whether it is growing faster or slower than the rest of the economy.</p>
<p>Not seasonally adjusted, so compare a month with the same month a year earlier. The share is computed at read time from two series in the same BLS release, so it stays consistent when the levels are revised.</p>
<div class="post-source">
<p>Source: U.S. Bureau of Labor Statistics, State &amp; Area Employment, education and health and total nonfarm payrolls, Phoenix–Mesa–Chandler MSA, not seasonally adjusted, via FRED (PHOE004EDUHN, PHOE004NAN). The share is derived at read time. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>employment</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-26-phoenix-education-health-employment/</guid>
  <pubDate>Mon, 26 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Arizona jobless claims, week of Oct 17, 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-23-az-initial-claims-weekly/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-23-az-initial-claims-weekly/2026-10-23-az-initial-claims-weekly.png" class="img-fluid" alt="Initial unemployment-insurance claims filed in Arizona state, weekly NSA, 1986 through the week of Oct 17, 2026, on a y axis broken at 12,000: the lower panel shows the ordinary range, a winter spike every year and a recession rise in 2008-09; the short upper panel carries the 2020 surge to 132,428. Latest week 2,394."></p>
<p>Arizona workers filed <strong>2,394 initial unemployment claims</strong> in the week ending Oct 17, 2026; the steadier <strong>four-week average is 2,387</strong>, <strong>down 12.3%</strong> from the same weeks a year ago.</p>
<p><strong>Read the chart in two parts.</strong> The y axis is broken at 12,000. Below the break is where this series lives: almost every week since 1986 is in that band, and on its own scale the normal shape is plain — a spike every winter as construction and seasonal retail lay off, and a sustained rise through 2008-09. Above the break, on a compressed scale, is the spring of 2020, when claims reached <strong>132,428</strong> in the week of Apr 4, 2020. On a single axis that one episode flattens 40 years into a line along the floor.</p>
<p>Claims are the fastest labour-market number there is — a week old when published — and the noisiest. One week is a data point; the four-week average is the reading. Statewide, not seasonally adjusted, so compare with the same weeks a year earlier rather than the week before.</p>
<div class="post-source">
<p>Source: U.S. Employment and Training Administration, initial unemployment-insurance claims for Arizona, weekly, not seasonally adjusted, via <a href="https://fred.stlouisfed.org/series/AZICLAIMS">FRED AZICLAIMS</a>. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>labor</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-23-az-initial-claims-weekly/</guid>
  <pubDate>Fri, 23 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Phoenix information-sector employment, September 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-23-phoenix-information-employment/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-23-phoenix-information-employment/2026-10-23-phoenix-information-employment-jobs.png" class="img-fluid" alt="Information-sector payroll employment in the Phoenix metro, thousands of jobs, NSA, 1990 to September 2026: from 23k to a peak of 44k in May 2022, now 41k."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-23-phoenix-information-employment/2026-10-23-phoenix-information-employment-share.png" class="img-fluid" alt="Information-sector jobs as a percent of all Phoenix-metro payroll jobs, NSA, 1990 to September 2026: from 2.4% to a peak of 2.8% in July 2000, now 1.6%."></p>
<p>The Phoenix metro’s information sector employed <strong>40,800</strong> people in September 2026, <strong>up 2.0%</strong> from a year earlier. That is <strong>1.6% of every payroll job in the metro</strong>, against 1.6% a year before.</p>
<p>The two charts answer different questions. The head count says whether the sector is hiring. The share says whether it is hiring faster than everyone else — a sector can add jobs every month and still shrink as a part of the economy. The count peaked at 44,200 in May 2022; the share peaked at 2.8% in July 2000, up from 2.4% when the series opens in January 1990.</p>
<p><strong>‘Information’ is not ‘tech’, and the gap is large.</strong> It is the BLS sector covering software publishers, telecoms, broadcasting and publishing. A great deal of Phoenix technology work is booked elsewhere — chipmakers such as Intel and TSMC are classified under manufacturing, cloud infrastructure lands under several other headings, and contract engineering sits in professional services — so read this line as a <strong>floor</strong> on tech employment rather than a measure of it. What it is good for is the trend: the classification has been applied consistently since 1990, so the shape is right even where the level is low.</p>
<p>Not seasonally adjusted, which is why both lines have an annual wobble on top of the trend; compare a month with the same month a year earlier. The share is computed at read time from two series in the same BLS release, so it stays consistent when the levels are revised.</p>
<div class="post-source">
<p>Source: U.S. Bureau of Labor Statistics, State &amp; Area Employment, information sector and total nonfarm payrolls, Phoenix-Mesa-Chandler MSA, not seasonally adjusted, via FRED (PHOE004INFON, PHOE004NAN). The share is derived at read time. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>employment</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-23-phoenix-information-employment/</guid>
  <pubDate>Fri, 23 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Phoenix-metro construction jobs, September 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-22-phoenix-construction-employment/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-22-phoenix-construction-employment/2026-10-22-phoenix-construction-employment-jobs.png" class="img-fluid" alt="Construction and mining payroll employment in the Phoenix metro, thousands of jobs, NSA, 1990 to September 2026: from 60k to a peak of 190k in August 2026, now 188k."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-22-phoenix-construction-employment/2026-10-22-phoenix-construction-employment-share.png" class="img-fluid" alt="Construction and mining as a percent of all Phoenix-metro payroll jobs, NSA, 1990 to September 2026: from 6.0% to 7.6%, with a high of 10.0% in July 2006."></p>
<p>The Phoenix metro’s construction and mining employers had <strong>188,500 jobs</strong> on payroll in September 2026, <strong>up 3.5%</strong> from a year earlier. That is <strong>7.6% of all payroll jobs</strong> in the metro, against 7.4% a year before.</p>
<p>Construction is the most cyclical sector the site tracks and the one that turns first. The share chart shows it without the flattery of a growing economy — it peaked at 10.0% in July 2006 and bottomed at 4.7% in February 2011, a measure of how much of the region’s labour is pointed at building anything.</p>
<p>It has a real summer season in the raw data, so — as everywhere in these NSA series — the year-over-year change is the number that means something and a fall from August to January is just weather. It sits alongside building permits as this site’s two reads on whether Phoenix is building: permits lead; payrolls are what actually happened. The share is computed at read time from the same BLS release as the count.</p>
<div class="post-source">
<p>Source: U.S. Bureau of Labor Statistics, State &amp; Area Employment, mining, logging and construction and total nonfarm payrolls, Phoenix–Mesa–Chandler MSA, not seasonally adjusted, via FRED. The share is derived at read time. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>employment</category>
  <category>construction</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-22-phoenix-construction-employment/</guid>
  <pubDate>Thu, 22 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Restaurant and hotel jobs, September 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-22-phoenix-leisure-hospitality-employment/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-22-phoenix-leisure-hospitality-employment/2026-10-22-phoenix-leisure-hospitality-employment-jobs.png" class="img-fluid" alt="Leisure and hospitality payroll employment in the Phoenix metro, thousands of jobs, NSA, 1990 to September 2026: from 103k to a peak of 276k in March 2025, a low of 97k in August 1991, now 256k."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-22-phoenix-leisure-hospitality-employment/2026-10-22-phoenix-leisure-hospitality-employment-share.png" class="img-fluid" alt="Leisure and hospitality as a percent of all Phoenix-metro payroll jobs, NSA, 1990 to September 2026: from 10.4% to 10.3%, with a high of 11.3% in April 2017."></p>
<p>Phoenix-metro restaurants, bars, hotels and venues employed <strong>255,900 people</strong> in September 2026, <strong>down 1.8%</strong> from a year earlier — <strong>10.3% of all payroll jobs</strong> in the metro.</p>
<p>No other series on this site records 2020 as plainly. Employment in this sector fell from 242,300 in February 2020 to 140,600 in April 2020 — a drop of 42%, inside two months, in an industry that cannot be done from home — and its share of the region’s jobs fell to 7.1%. Everything to the right of that notch is the recovery.</p>
<p>The share chart is the longer story: from 10.4% when the series opens in January 1990 to a peak of 11.3% in April 2017.</p>
<p>Not seasonally adjusted, and summer is genuinely the busy season here, so compare with the same month a year earlier. The share is computed at read time from the same BLS release as the count.</p>
<div class="post-source">
<p>Source: U.S. Bureau of Labor Statistics, State &amp; Area Employment, leisure and hospitality and total nonfarm payrolls, Phoenix–Mesa–Chandler MSA, not seasonally adjusted, via FRED. The share is derived at read time. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>employment</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-22-phoenix-leisure-hospitality-employment/</guid>
  <pubDate>Thu, 22 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Phoenix-metro payrolls, September 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-21-phoenix-total-nonfarm/</link>
  <description><![CDATA[ 




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<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-21-phoenix-total-nonfarm/2026-10-21-phoenix-total-nonfarm-jobs.png" class="img-fluid" alt="Total nonfarm employment, Phoenix metro, monthly NSA, 1990 to September 2026, ending near 2,475,200 jobs."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-21-phoenix-total-nonfarm/2026-10-21-phoenix-total-nonfarm-per-resident.png" class="img-fluid" alt="Nonfarm payroll jobs per 100 Phoenix-metro residents, monthly, 2000 to September 2026: a peak of 49.1 in December 2000, a low of 38.3 in July 2009, now 47.3."></p>
<p>Phoenix–Mesa–Chandler employers reported <strong>2,475,200 nonfarm jobs</strong> in September 2026 (not seasonally adjusted), <strong>up 23,600</strong> — +1.0% — from a year earlier. Set against everyone who lives in the metro, that is <strong>47.3 payroll jobs for every 100 residents</strong>, against 46.9 a year before.</p>
<p>The second chart is there because a count of jobs always grows in a growing region. Jobs per resident does not have to: it peaked at 49.1 in December 2000, fell to 38.3 in July 2009, and says whether the job machine is keeping up with the people arriving to use it.</p>
<p><strong>It is not the employment rate</strong>, and the difference matters. The official rate counts <em>people</em> with work, by where they live, as a share of adults. This counts <em>jobs</em> at employers in the metro — a second job counts twice, and someone commuting in from outside the metro counts here — divided by every resident, children and retirees included. So an ageing population pulls it down with no change in the job market. Read the direction, not the level.</p>
<p>The population is the Census Bureau’s July 1 estimate for the same two-county metro, interpolated between years; the chart starts in 2000 because that is where the annual estimates on FRED begin. Because payrolls aren’t seasonally adjusted, the year-over-year change is the one to watch.</p>
<div class="post-source">
<p>Sources: U.S. Bureau of Labor Statistics, Current Employment Statistics, Phoenix–Mesa–Chandler MSA, not seasonally adjusted, via <a href="https://fred.stlouisfed.org/series/PHOE004NAN">FRED PHOE004NAN</a>; U.S. Census Bureau resident population estimates for the same MSA, via <a href="https://fred.stlouisfed.org/series/PHXPOP">FRED PHXPOP</a>, interpolated to monthly. The ratio is computed at read time. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>labor</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-21-phoenix-total-nonfarm/</guid>
  <pubDate>Wed, 21 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Phoenix-metro manufacturing jobs, September 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-21-phoenix-manufacturing-employment/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
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<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-21-phoenix-manufacturing-employment/2026-10-21-phoenix-manufacturing-employment-jobs.png" class="img-fluid" alt="Manufacturing payroll employment in the Phoenix metro, thousands of jobs, NSA, 1990 to September 2026: from 136k to a peak of 168k in June 1998, now 148k."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-21-phoenix-manufacturing-employment/2026-10-21-phoenix-manufacturing-employment-share.png" class="img-fluid" alt="Manufacturing as a percent of all Phoenix-metro payroll jobs, NSA, 1990 to September 2026: from 13.7% to 6.0%, with a high of 13.8% in July 1990."></p>
<p>Phoenix-metro manufacturers employed <strong>147,500 people</strong> in September 2026, <strong>down 0.3%</strong> from a year earlier — <strong>6.0% of all payroll jobs</strong> in the metro. The sector peaked at 168,100 jobs in June 1998 and has shed roughly 12% of that since.</p>
<p>The second chart is the share: it went from 13.7% in January 1990 to 6.0% now.</p>
<p>Numerator and denominator of the share come from the same BLS release for the same metro, so it stays consistent when the levels are revised; it is computed at read time, never stored.</p>
<div class="post-source">
<p>Source: U.S. Bureau of Labor Statistics, State &amp; Area Employment, manufacturing and total nonfarm payrolls, Phoenix–Mesa–Chandler MSA, not seasonally adjusted, via FRED. The share is derived at read time. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>employment</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-21-phoenix-manufacturing-employment/</guid>
  <pubDate>Wed, 21 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Phoenix’s home market, August 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-20-phoenix-home-market/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-20-phoenix-home-market/2026-10-20-phoenix-home-market-sale-to-list.png" class="img-fluid" alt="Phoenix metro average sale-to-list ratio since 2018, 97.8% in August 2026."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-20-phoenix-home-market/2026-10-20-phoenix-home-market-above-list.png" class="img-fluid" alt="Share of Phoenix metro homes sold above list price since 2018, 14% in the latest month."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-20-phoenix-home-market/2026-10-20-phoenix-home-market-supply.png" class="img-fluid" alt="Months of supply in the Phoenix metro since 2018, 4.7 in the latest month."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-20-phoenix-home-market/2026-10-20-phoenix-home-market-sold.png" class="img-fluid" alt="Homes sold per month in the Phoenix metro since 2008, 5,124 in September 2026."></p>
<p>Homes in the Phoenix metro sold for <strong>97.8% of their list price</strong> on average in August 2026, against 97.7% a year earlier, and <strong>14%</strong> of them sold above it. The most competitive month in this record was June 2021, at 103.3% of list.</p>
<p>At September 2026’s pace of sales, the homes for sale would last <strong>4.7 months</strong> — months of supply, for-sale inventory over a month’s sales. Under about four months is a market where sellers set the terms; six or more is one where buyers do. 5,124 homes sold in September 2026, against 5,189 a year earlier.</p>
<p>Every one of these has a season — spring is the bidding season — so compare a month with the same month a year earlier. These are Zillow’s figures for the Phoenix-Mesa-Chandler metro, all homes, not seasonally adjusted; the newest month of sales is Zillow’s nowcast and firms up later. There is no median price here, on purpose: a median moves with which homes happen to sell, so a month heavy in condos reads as a fall in prices that did not happen.</p>
<div class="post-source">
<p>Source: <a href="https://www.zillow.com/research/data/">Zillow Research</a>, metro data for Phoenix-Mesa-Chandler, all homes; months of supply is inventory over sales. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>housing</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-20-phoenix-home-market/</guid>
  <pubDate>Tue, 20 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Phoenix asking rents, September 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-19-phoenix-rents-zori/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-19-phoenix-rents-zori/2026-10-19-phoenix-rents-zori-nominal.png" class="img-fluid" alt="Zillow Observed Rent Index for the Phoenix metro, nominal dollars per month, 2015 to September 2026, at $1,720."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-19-phoenix-rents-zori/2026-10-19-phoenix-rents-zori-real.png" class="img-fluid" alt="Zillow Observed Rent Index for the Phoenix metro in inflation-adjusted September 2026 dollars, 2015 onward, peaking at $2,024 in December 2021 and ending at $1,720."></p>
<p>The typical asking rent in the Phoenix metro was <strong>$1,720 a month</strong> in September 2026, <strong>up 1.0%</strong> from a year earlier.</p>
<p><strong>The second chart takes inflation out.</strong> The price index runs through September 2026, and in that month’s dollars the typical asking rent was <strong>$1,720</strong>, <strong>down 2.6%</strong> in real terms on the year and 15% below its real peak of $2,024 in December 2021. When the nominal line climbs and the real one does not, rents are rising more slowly than prices in general — which is not the same thing as rent getting affordable, since that depends on what renters earn.</p>
<p>ZORI tracks <strong>new leases</strong>, not the average rent paid across all tenants, so it turns roughly a year before the rent component of the local CPI does — which makes it the leading indicator of the two. The real series is deflated by the national CPI-U (all items, NSA) and stated in dollars of the latest month the CPI covers, so it can end a month before the nominal line. Rent is itself part of the CPI, so the real line is rent measured in purchasing power, not rent net of rent inflation.</p>
<div class="post-source">
<p>Sources: <a href="https://www.zillow.com/research/data/">Zillow Research</a>, Zillow Observed Rent Index (ZORI), Phoenix–Mesa–Chandler MSA, smoothed, all homes plus multifamily; U.S. Bureau of Labor Statistics CPI-U, U.S. city average, all items, NSA, via <a href="https://fred.stlouisfed.org/series/CPIAUCNS">FRED CPIAUCNS</a>. Real values are computed at read time. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>housing</category>
  <category>rents</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-19-phoenix-rents-zori/</guid>
  <pubDate>Mon, 19 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Buy or rent: the Phoenix ratio, September 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-19-phoenix-price-to-rent/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-19-phoenix-price-to-rent/2026-10-19-phoenix-price-to-rent.png" class="img-fluid" alt="Phoenix-metro price-to-rent ratio — typical home value divided by a year of typical asking rent — monthly, 2015 to September 2026, peaking at 28.5 in June 2006 and ending at 21.4."></p>
<p>The typical Phoenix-area home was worth <strong>$441,097</strong> in September 2026, and the typical asking rent was <strong>$1,720 a month</strong>. Divide the first by a year of the second and you get the <strong>price-to-rent ratio: 21.4</strong>. A Phoenix house costs about 21 years of the rent on it.</p>
<p>It is the cleanest single number for whether housing is expensive relative to <em>itself</em>. Prices and rents are both driven by local incomes and local supply, so when they rise together the ratio holds flat and the market is simply pricier; when prices pull away from rents, buyers are paying for something other than the shelter — expected appreciation, or cheap credit. Nationally a ratio in the high teens is typical. Phoenix’s has run from 12.4 (September 2011) to 28.5 (June 2006), and it is 21.4 now, <strong>down 2.1%</strong> on the year.</p>
<p>Two things it is not. It is not a buy-versus-rent recommendation: that depends on mortgage rates, the tax treatment of the interest, and how long you stay, none of which is in here. And the two legs measure slightly different housing — ZHVI values the whole owner-occupied stock, ZORI tracks asking rents on units coming to market, which skew smaller and newer. The level is therefore approximate; the <em>direction</em> is the signal.</p>
<div class="post-source">
<p>Source: <a href="https://www.zillow.com/research/data/">Zillow Research</a>, Zillow Home Value Index and Zillow Observed Rent Index, Phoenix–Mesa–Chandler MSA. The ratio is ZHVI ÷ (ZORI × 12), computed from the two series at build time rather than stored. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>housing</category>
  <category>prices</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-19-phoenix-price-to-rent/</guid>
  <pubDate>Mon, 19 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Arizona jobless claims, week of Oct 17, 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-16-az-initial-claims-weekly/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-16-az-initial-claims-weekly/2026-10-16-az-initial-claims-weekly.png" class="img-fluid" alt="Initial unemployment-insurance claims filed in Arizona state, weekly NSA, 1986 through the week of Oct 17, 2026, on a y axis broken at 12,000: the lower panel shows the ordinary range, a winter spike every year and a recession rise in 2008-09; the short upper panel carries the 2020 surge to 132,428. Latest week 2,394."></p>
<p>Arizona workers filed <strong>2,394 initial unemployment claims</strong> in the week ending Oct 17, 2026; the steadier <strong>four-week average is 2,387</strong>, <strong>down 12.3%</strong> from the same weeks a year ago.</p>
<p><strong>Read the chart in two parts.</strong> The y axis is broken at 12,000. Below the break is where this series lives: almost every week since 1986 is in that band, and on its own scale the normal shape is plain — a spike every winter as construction and seasonal retail lay off, and a sustained rise through 2008-09. Above the break, on a compressed scale, is the spring of 2020, when claims reached <strong>132,428</strong> in the week of Apr 4, 2020. On a single axis that one episode flattens 40 years into a line along the floor.</p>
<p>Claims are the fastest labour-market number there is — a week old when published — and the noisiest. One week is a data point; the four-week average is the reading. Statewide, not seasonally adjusted, so compare with the same weeks a year earlier rather than the week before.</p>
<div class="post-source">
<p>Source: U.S. Employment and Training Administration, initial unemployment-insurance claims for Arizona, weekly, not seasonally adjusted, via <a href="https://fred.stlouisfed.org/series/AZICLAIMS">FRED AZICLAIMS</a>. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>labor</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-16-az-initial-claims-weekly/</guid>
  <pubDate>Fri, 16 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>What a Phoenix-area house is worth, September 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-16-phoenix-home-values-zhvi/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-16-phoenix-home-values-zhvi/2026-10-16-phoenix-home-values-zhvi-nominal.png" class="img-fluid" alt="Zillow Home Value Index, Phoenix metro, nominal dollars, monthly, 2000 to September 2026: a peak of $497k in July 2022, ending near $441k."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-16-phoenix-home-values-zhvi/2026-10-16-phoenix-home-values-zhvi-real.png" class="img-fluid" alt="Zillow Home Value Index for the Phoenix metro in inflation-adjusted September 2026 dollars, 2000 onward: peaking at $566k in July 2022 and ending at $441k."></p>
<p>The typical Phoenix-metro home was worth <strong>$441,097</strong> in September 2026, <strong>down 1.1%</strong> from a year earlier. Against the series high of $497,312 in July 2022, that leaves the market 11.3% below its high-water mark in the dollars on the price tag.</p>
<p><strong>The second chart takes inflation out.</strong> The price index runs through September 2026, and in that month’s dollars the typical home was worth <strong>$441,097</strong>, <strong>down 4.6%</strong> in real terms on the year. The real peak was $565,568 in July 2022, and today sits 22% below it. A flat price in a year of inflation is a fall in what a house is worth measured in everything else a household buys.</p>
<p>ZHVI measures the value of the typical home rather than the price of the homes that happened to sell, so it does not lurch when an expensive neighbourhood has a busy month — which is what makes it readable month to month, and a better trend line than asking prices.</p>
<p>The real series is deflated by the national CPI-U (all items, not seasonally adjusted) and stated in dollars of the latest month the CPI covers, so it can end a month before the nominal line. National rather than Phoenix CPI because the Phoenix index is published only every other month. Shelter is about a third of CPI-U, so read the real line as a house measured in purchasing power, not as house prices net of housing inflation. Metro-wide; Zillow revises the back series when its model is updated, so older points can move slightly between builds.</p>
<div class="post-source">
<p>Sources: <a href="https://www.zillow.com/research/data/">Zillow Research</a>, Zillow Home Value Index (ZHVI), all homes, Phoenix–Mesa–Chandler MSA; U.S. Bureau of Labor Statistics CPI-U, U.S. city average, all items, NSA, via <a href="https://fred.stlouisfed.org/series/CPIAUCNS">FRED CPIAUCNS</a>. Real values are computed at read time. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>housing</category>
  <category>prices</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-16-phoenix-home-values-zhvi/</guid>
  <pubDate>Fri, 16 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Passengers leaving Sky Harbor, July 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-15-phx-passengers/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-15-phx-passengers/2026-10-15-phx-passengers-passengers.png" class="img-fluid" alt="Passengers departing Sky Harbor per month since 2014, 2.00 million in July 2026."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-15-phx-passengers/2026-10-15-phx-passengers-international.png" class="img-fluid" alt="Passengers on international flights departing Sky Harbor since 2014, 97,554 in the latest month."></p>
<p><strong>2.00 million passengers</strong> boarded flights out of Sky Harbor in July 2026, up 0.4% from a year earlier. <strong>97,554</strong> of them were on international flights, down 2.0%. Over the last twelve months departures averaged 2.11 million a month, against 2.14 million at the record, in the year to December 2024.</p>
<p>These are departures only, from the airlines’ own monthly reports to the federal government. The City of Phoenix Aviation Department’s headline passenger count adds arrivals, so it runs about twice these figures. A traveller connecting through Sky Harbor counts on the flight they leave on. Summer is the peak and winter the low every year, so compare a month with the same month a year earlier. The figures arrive about three months after the month they count.</p>
<div class="post-source">
<p>Source: U.S. Bureau of Transportation Statistics, T-100 segment data by origin airport (<a href="https://data.bts.gov/">data.bts.gov</a>), passengers departing SEA. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>transportation</category>
  <category>economy</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-15-phx-passengers/</guid>
  <pubDate>Thu, 15 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Police calls for service in Phoenix, August 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-14-phoenix-police-reports/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-14-phoenix-police-reports/2026-10-14-phoenix-police-reports-count.png" class="img-fluid" alt="Monthly count of police calls for service in Phoenix since 2016, with its 12-month average, 61,295 in August 2026."></p>
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-14-phoenix-police-reports/2026-10-14-phoenix-police-reports-per-1k.png" class="img-fluid" alt="Monthly police calls for service in Phoenix per 1,000 residents since 2016, ending at 36.80 in August 2026."></p>
<p>Phoenix’s open-data portal lists <strong>61,295 police calls for service</strong> for August 2026, up 27.3% on a year earlier. The 12-month average is 54,220 a month. That is <strong>36.80 police calls for service per 1,000 residents</strong>.</p>
<p>This counts the rows of a police data feed, so it moves with how and when events are recorded as well as with how many happen. It is a count of records, not the department’s own crime statistic, and a change in the reporting system shows up as a step in the line.</p>
<p>The heavier line is the 12-month average, which takes out the seasonal swing; compare a month with the same month a year earlier rather than with the month before. The newest month is left out until it is complete.</p>
<p>The second graph divides the count by Phoenix’s population: the Census Bureau’s July 1 estimate for the city, interpolated to months. A growing city can post more records at a flat rate.</p>
<div class="post-source">
<p>Source: <a href="https://www.phoenixopendata.com/dataset/calls-for-service">Phoenix Open Data</a>, police calls for service, counted by month. Population: U.S. Census Bureau, Population Estimates Program, city July 1 estimates, interpolated to monthly. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>public safety</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-14-phoenix-police-reports/</guid>
  <pubDate>Wed, 14 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Phoenix’s labor force, August 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-12-phoenix-labor-force/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-12-phoenix-labor-force/2026-10-12-phoenix-labor-force.png" class="img-fluid" alt="Civilian labor force in the Phoenix-Mesa-Chandler metro, monthly NSA, 1990 to August 2026, at about 2.67 million people."></p>
<p>The Phoenix–Mesa–Chandler <strong>labor force</strong> — everyone employed or actively looking for work — was <strong>2,670,163</strong> in August 2026, <strong>down 2.7%</strong> from a year earlier. It’s the head-count denominator under the unemployment rate: a labor force that grows with population and participation. Not seasonally adjusted.</p>
<div class="post-source">
<p>Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, Phoenix–Mesa–Chandler MSA civilian labor force, not seasonally adjusted, via <a href="https://fred.stlouisfed.org/series/PHOE004LFN">FRED PHOE004LFN</a>. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>labor</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-12-phoenix-labor-force/</guid>
  <pubDate>Mon, 12 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Arizona business applications, September 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-12-az-business-formations/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-12-az-business-formations/2026-10-12-az-business-formations.png" class="img-fluid" alt="New business applications filed in Arizona, monthly NSA, 2004 to September 2026, at 14,760."></p>
<p>Arizonans filed <strong>14,760 new business applications</strong> in September 2026, <strong>up 19.8%</strong> from a year earlier. These are EIN filings, so the series measures <em>intent</em> to start a business rather than businesses that actually open — but it lands about 11 days after the month ends, which makes it one of the fastest real-activity readings available for the state. Note the step-change after 2020: application rates never returned to their pre-pandemic level.</p>
<div class="post-source">
<p>Source: U.S. Census Bureau, Business Formation Statistics, business applications for Arizona, monthly, not seasonally adjusted, via <a href="https://fred.stlouisfed.org/series/BABATOTALNSAAZ">FRED BABATOTALNSAAZ</a>. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>business</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-12-az-business-formations/</guid>
  <pubDate>Mon, 12 Oct 2026 00:00:00 GMT</pubDate>
</item>
<item>
  <title>Arizona jobless claims, week of Oct 17, 2026</title>
  <link>https://phoenix.metrotrendlines.com/posts/2026-10-09-az-initial-claims-weekly/</link>
  <description><![CDATA[ 




<!-- GENERATED by scripts/build_updates.py from data/phoenix.sqlite at build time.
     Do not hand-edit the numbers; edit the spec in scripts/build_updates.py instead. -->
<p><img src="https://phoenix.metrotrendlines.com/posts/2026-10-09-az-initial-claims-weekly/2026-10-09-az-initial-claims-weekly.png" class="img-fluid" alt="Initial unemployment-insurance claims filed in Arizona state, weekly NSA, 1986 through the week of Oct 17, 2026, on a y axis broken at 12,000: the lower panel shows the ordinary range, a winter spike every year and a recession rise in 2008-09; the short upper panel carries the 2020 surge to 132,428. Latest week 2,394."></p>
<p>Arizona workers filed <strong>2,394 initial unemployment claims</strong> in the week ending Oct 17, 2026; the steadier <strong>four-week average is 2,387</strong>, <strong>down 12.3%</strong> from the same weeks a year ago.</p>
<p><strong>Read the chart in two parts.</strong> The y axis is broken at 12,000. Below the break is where this series lives: almost every week since 1986 is in that band, and on its own scale the normal shape is plain — a spike every winter as construction and seasonal retail lay off, and a sustained rise through 2008-09. Above the break, on a compressed scale, is the spring of 2020, when claims reached <strong>132,428</strong> in the week of Apr 4, 2020. On a single axis that one episode flattens 40 years into a line along the floor.</p>
<p>Claims are the fastest labour-market number there is — a week old when published — and the noisiest. One week is a data point; the four-week average is the reading. Statewide, not seasonally adjusted, so compare with the same weeks a year earlier rather than the week before.</p>
<div class="post-source">
<p>Source: U.S. Employment and Training Administration, initial unemployment-insurance claims for Arizona, weekly, not seasonally adjusted, via <a href="https://fred.stlouisfed.org/series/AZICLAIMS">FRED AZICLAIMS</a>. Auto-generated each build.</p>
</div>



 ]]></description>
  <category>economy</category>
  <category>labor</category>
  <guid>https://phoenix.metrotrendlines.com/posts/2026-10-09-az-initial-claims-weekly/</guid>
  <pubDate>Fri, 09 Oct 2026 00:00:00 GMT</pubDate>
</item>
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