The Great Recession officially ended in June 2009. Historically, Arizona and Phoenix have bounced back quickly from downturns. Not this time.
As of April, the state had yet to recover to its pre-recession peak on non-farm employment:
More importantly, neither has metropolitan Phoenix, the economic powerhouse of the state:
This comes into more stark contrast when we add the performance of peer metros in the recovery:
Although Phoenix has a very large workforce, it is the only one among these peer Western metros that has yet to surpass its pre-recession employment in this very slow-growing economy.