Arizona is ranked No. 21 for its number of businesses and No. 17 for fast-growing firms. Its score for economic expansion/development criteria is in the middle among all states, but it's ranked only No. 39 for economic diversity and in the bottom 20 percent of all states for economic strength.
The Grand Canyon State is No. 16 for high-wage traded services and No. 8 for manufacturing value added. And, it's No. 10 for residents' access to broadband communications.