Audio for this article is made possible by the CAST11 Prescott Podcast Network. A Talking Glass Media production.
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So, how much does the auto industry contribute to Arizona’s economy? Below are some interesting numbers for all auto enthusiasts and auto industry professionals.
The Alliance for Automotive Innovation’s new Economic Insights database provides a variety of data on the automotive industry’s overall contribution to Arizona’s economy. The database is searchable by state and congressional district and includes indicators on employment, tax revenue, export activity, vehicle registrations, fueling infrastructure, consumer trends, and more.
automotive industry and arizona work:
- Supports 171,152 jobs in Arizona. This equates to his 4.3% of Arizona’s employment.
- Generates $11 billion in total annual labor income.
Auto industry generates economic growth:
- Vehicles and parts exported from Arizona in 2022 totaled $264.4 million.
- The auto industry generates $1.6 billion in state tax revenue annually in Arizona, or 7.7% of total state tax revenue.
auto on arizona road:
- The average age of a light vehicle in the state is 13 years.
- In the overall light vehicle segment, passenger cars account for 36.3 percent, utility vehicles account for 33.4 percent, pickup trucks account for 21.7 percent, and vans account for 5.8 percent.
Additional economic insights and consumer data for Arizona can be found here.
You can also view data broken down by congressional district.
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Additional resources:
- Automakers are spending more than $115 billion on EV and battery production in the U.S.
- The Connected Electric Vehicle Quarterly Report, which includes data on EV sales, purchasing trends, and charging infrastructure for all 50 states, is available here.
About the Alliance for Automotive Innovation
The Alliance for Automotive Innovation represents the entire auto industry, from the manufacturers that make most of the cars sold in the United States to self-driving vehicle innovators, equipment suppliers, battery producers, and semiconductor manufacturers. It is a sector that employs 1,000 people and supports 5% of the economy. Operating in Washington, D.C., and all 50 states, the association is committed to a cleaner, safer, smarter future of personal transportation. www.autosinnovate.org