Translation Services in Phoenix – Economic Profile
The city of Phoenix is the capital of the State of Arizona. It has a population of about 1.5 million people which makes it the fifth largest city in the United Sates. It is located at the banks of the dry Salt River and is the region’s major political, cultural, economy and transportation center.
The city is home to Sky harbor International Airport which serves more than 100 destinations with non-stop flights.
The city’s economy is vibrant and increasingly diversifying. It has long been based on agriculture, mainly cotton and citrus farming. Today major economic sectors include high-technology, government services, and tourism.
It is home to several Fortune 500 and Fortune 1000 companies including US Airways Group, Insight Enterprises as well as Allied Waste, Avnet, Apollo Group, Freeport McMoRan, PetSmart, Honeywell, Intel, and American Express. In addition, many internet companies such as Google, eBay, IPowerWeb, Easynews, and GoDaddy are headquartered in Phoenix.
There is a significant military presence in Phoenix with Luke Air Force Base located nearby.
Thanks to the warm climate, tourism is an important contributor to the city’s economy. It offers a vibrant cultural scene, numerous recreational facilities, major tourist attractions, museums, theaters, and events. The most important sites of interest include numerous golf courses, water parks, amusement parks, Desert Botanical Garden, South Mountain Park, Phoenix Zoo and Arizona Science Center and Heard Museum, which is internationally recognized for its collection of Native American Arts.
Numerous prestigious institutions of higher education make Phoenix a major education center. There is Arizona State University, Northern Arizona University, Grand Canyon University, Thunderbird School of Global Management, Western Governors University, University of Advancing Technologies, DeVry University as well as several community colleges. All these institutions have been attracting great numbers of international students.
The city features a diverse ethnic makeup. About 35% of the population is Hispanic, 5.1% African American, 2% Native American, 2% Asian, and 1% Pacific Islanders.
A vibrant and diverse economy with a focus on international business and tourism, major institution of higher education and an ethnically diverse population have created significant demand for translation services in city of Phoenix.