What will it take to build an antifragile economy in Phoenix?

8April 2021

Sunny. Sprawling. Rugged. Many words come to mind to describe the Phoenix metropolitan area. “Fragile” often isn’t one of them. But a decade ago, the Valley was the poster child for an easily upended economy. Between 2000 and 2007, the area’s economy boomed. Housing prices doubled. Unemployment dropped to 3.1%. Then the real estate bubble burst, seriously damaging the state’s economy. “The Great Recession showed us that the gravy train that existed then was an!

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