Phoenix boasts a thriving and diverse economy anchored by aerospace, high-tech manufacturing, financial services, bioscience, and solar energy. Low taxes, limited regulation, and business incentives entice companies to expand in Greater Phoenix. Executives are drawn by the region's superior quality of life offering abundant amenities yet short commute times compared to other large metro areas. Phoenix's lower cost of living and real estate make it attractive for relocations and expansions. With quick direct flights across the U.S., Phoenix is easily accessible for business travel. Companies leverage the deep talent pipeline from ASU, U of Arizona, and the region's community colleges. Phoenix is a magnet for young professionals seeking ample job opportunities, warm weather year-round, outdoor activities, and vibrant urban living. Ongoing public transit improvements and redevelopment create desirable live-work options. Phoenix's probusiness environment, competitive workforce, and Southwest lifestyle serve to fuel steady population and economic growth.