Arizona vs Utah: two economies side by side

Arizona and Utah share a border. Here are the two economies on the same measures, with the rank of each among 51 states and DC.

Southwest · Rocky MountainArizona leads on 3, Utah on 8 of 11 measures

Indicator	A · AZ	B · UT	Ranks
GDP, 2025	$592.1B	$319.2B	15 · 28
Real GDP growth, 2025	+1.5%	+2.7%	36 · 13
Real growth a year since 2015	+3.9%	+4.6%	4 · 1
GDP per person	$77,665	$90,191	35 · 18
Income per person, 2025	$68,373	$70,323	35 · 30
Real income per person (2017 $)	$52,890	$55,116	43 · 40
Price level (US = 100)	100.7	98.9	17 · 21
Housing costs (US = 100)	106.8	107.8	16 · 15
Unemployment, September 2026	4.9%	3.5%	46 · 19
Population	7,623,818	3,538,904	14 · 30
Population growth a year since 2020	+1.2%	+1.5%	8 · 5

Highlighted: the higher value, or the lower one for prices and unemployment. BEA (GDP, income, price parities), BLS (unemployment).

Fig. 1Real GDP, index 2015 = 100Chained 2017 dollars

ArizonaUtah

Fig. 2Unemployment rateMonthly, seasonally adjusted, since 2015

ArizonaUtah

Industry mix, 2025

Share of each state’s GDP. Sorted by the gap between the two.

Industry	AZ	UT	Gap, pp	Larger in
Health care	8.5%	5.5%	3.0	AZ
Real estate	16.9%	14.0%	2.9	AZ
Information	3.3%	5.5%	2.1	UT
Professional services	5.7%	7.5%	1.9	UT
Manufacturing	7.4%	9.3%	1.9	UT
Construction	6.3%	7.8%	1.5	UT
Administrative & waste services	4.1%	2.8%	1.3	AZ
Accommodation & food	3.5%	2.6%	0.9	AZ
Wholesale trade	5.6%	5.0%	0.6	AZ
Government	9.7%	10.4%	0.6	UT
Retail trade	7.1%	6.6%	0.6	AZ
Utilities	1.8%	2.3%	0.5	UT
Other services	1.9%	2.3%	0.5	UT
Mining, oil & gas	1.1%	1.5%	0.4	UT
Management of companies	1.4%	1.2%	0.3	AZ
Education	1.1%	1.3%	0.2	UT
Finance & insurance	9.8%	9.9%	0.1	UT
Arts & recreation	0.9%	0.9%	0.1	AZ
Agriculture	0.5%	0.5%	0.0
Transportation & warehousing	3.2%	3.2%	0.0