小红帽直播app

Arizona 小红帽直播app President and CEO Danny Seiden testified before the Arizona state Senate Commerce Committee last week, delivering a 鈥淪tate of Arizona Business鈥� address to committee members. 

Seiden began his testimony by highlighting Arizona鈥檚 competitive economic rankings against other states, indicating that the state鈥檚 economic climate is going in the right direction. 

鈥淲e are number 1 on economic performance, and number 3 on economic outlook by Rich State Poor States,鈥� said Seiden, referring to the annual rankings of states in several economic performance categories. 鈥淥ur economic ranking has gone from 19 to number 7 and job growth, which is very important, went from number 12 to number 1.鈥� Seiden also mentioned the outsized role that the expansion of Arizona鈥檚 advanced manufacturing industry has played in making Arizona more economically prosperous.

Seiden stressed throughout his testimony that policy matters, and that the state鈥檚 economic success to-date was no accident. He argued that government and industry needs to focus on three broad categories through at least 2030 to build on this prosperity:  talent, competitiveness, and infrastructure.

Seiden said that there 鈥渋s a war for talent right now鈥� and that the state needs to prioritize education, which produces the workforce of tomorrow, and that the state and private enterprise both play an important role in developing and attracting a skilled workforce to the state of Arizona. 

鈥淚f you poll our members, businesses鈥� number 1 issue across the board is talent and workforce shortages,鈥� Seiden said. Such shortages could be solved through further development of the state鈥檚 workforce development pipeline. Universities, trade schools, community colleges, and the state鈥檚 K-12 education system are integral to the fulfillment of that mission.

In his discussion on competitiveness, Seiden focused on unemployment, household income, and tourism. The state鈥檚 unemployment rate is 4.1% right now, with the workforce participation rate at 60%.

Seiden emphasized the need for lawmakers to focus on developing and maintaining the infrastructure that businesses need to operate and grow. Infrastructure is a key for attracting new business to Arizona. He signaled support for further investment in roads, telecommunications, energy systems, and water infrastructure. 鈥淥ur manufacturers love knowing that they have reliable energy here in Arizona. We need to work with Salt River Project, Arizona Public Service, Southwest Gas, and Tucson Electric to make sure鈥� the state continues to produce reliable energy, he said.

The tax climate and Arizona鈥檚 new flat income tax make it even easier for business to grow in Arizona, he argued. 鈥淚n the last 18 months we have had tremendous success, we have reduced commercial property tax, we have reduced business personal property valuation tax.鈥� 

Seiden also unveiled the Arizona 小红帽直播app Foundation鈥檚 10-year plan, known as 鈥淎rizona 2030鈥�. The plan focuses on the three major categories he discussed earlier in his testimony: talent, workforce, and infrastructure. In 10 years, Arizona is projected to have a population of over 8 million people, necessitating coordination between industry and government to manage growth.The population is projected to hit 9 million by 2040, with Arizona outpacing national growth by two times. Seiden concluded his testimony by saying that 鈥淎rizona is well-positioned for future growth, but we cannot go backward.鈥�

鈥淭he 小红帽直播app stands with you and will partner with you this session as you evaluate additional policies that will help us with our talent, competitiveness, and infrastructure.鈥�