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Trusted local news leader for Prescott area communities since 1882
2:25 PM Tue, Nov. 20th

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Retail was the second-strongest sector of the economy in the first quarter of the year in Arizona, trailing only real estate as the state saw a 2.5 percent growth in GDP in the quarter. (Photo by Andy Lapham/Creative Commons)

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Arizona GDP grew 2.5% in first quarter, ahead of national rate

Arizona’s gross domestic product grew by 2.5 percent in the first quarter of 2018, driven by increases in real estate and retail trade, according to a report from the Bureau of Economic Analysis.