Jobs in the Tucson metropolitan area continue to grow, though growth slowed during 2002. During 2003, wage and salary employment is expected to increase by 1.1%, which is an improvement over the 0.2% decrease seen in 2002. Tucson's economy is predominantly service based, with many jobs tied to tourism, retail, and public service. More recently, regional economic growth has largely been fueled by population increases. Tourism accounts for one of every 10 jobs and adds over $1.8 billion per year to the local economy. In 2003, the per capita income in Tucson is projected to be $25,017 (up 2.1% over 2001) with the Median Family Income for year ending 2002: $49,200 (H.U.D. estimate for a family of four).
Technology also adds to the economy of Tucson. Job in Tucson include companies affiliated with Aerospace, Bio-Industry, Environmental Technology, Information Technology, Optics, and/or Teleservices. Some of Tucson's top employers include: University of Arizona, Raytheon Missle Systems, Davis-Monthan Air Force Base, Tucson Unified School District, Bombardier Aerospace, Phelps Dodge Mining Company, America Online, Intuit and Honeywell.
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Credit: City of Tucson