The history — and future — of the defense industry in Arizona
An ASU economist discusses how Arizona's climate and affordable land shaped the state's defense equipment industry.
In this story aired Nov. 7, 2023, on KJZZ:
It really begins in World War ll, with bases established here and a strong military and aerospace presence… It's far easier to fly airplanes and experiment with new spacecraft, jets, etc., in a climate like Arizona as opposed to New Jersey or Michigan... In terms of the private sector businesses, the encouragement of a labor force to embrace these businesses, affordable land, affordable and increasingly talented labor. The cherry on top was the congressional delegation that was very pro-Arizona.
– Dennis Hoffman, director of the L. William Seidman Research Institute and ASU's Office of the University Economist
Latest news
- ‘Big league’ or big illusion? Study calls time on splashy stock market anomalies
In his latest research, an ASU professor invents a stock market anomaly to expose the shaky…
- Why wealthy Americans work
An ASU economist’s research shows the affluent work not for more stuff, but for better stuff —…
- Accounting professional Min Zhang joins master's program to level up skills
Min Zhang (MACC '25) had been working in accounting in her home country of China for five years…