Business & Industry
Prescott enjoys a growing economy thanks to an entrepreneurial spirit welcomed by the community. While it is predominantly a small business town, Prescott and the surrounding communities have attracted some notable bigger businesses, too. You may recognize such names as Ace Hardware, Sturm Ruger, Lockheed Martin, Midway Industrial, Pure Wafer, Wulfsberg Electronics, MI Windows/Better Bilt and Printpack.
Tourism, of course, is a key to the local economy. Some 1,800 guestrooms are available at local hotels, motels and bed & breakfasts.
The Prescott area has a highly motivated and skilled work force. Employment rates are generally strong. For example, the unemployment average rate for the entire year of 2007 was a low 3.2 percent.
The city has been continuously recognized for its prosperous economic vitality in this Arizona region, as well as throughout the U.S. Recent rankings, serving as evidence to Prescott’s excellent economy, include:
• Top 100 Cities to Live and Launch a Business (Fortune Small Business)
• 3rd in the country (all metro markets) for job growth and economic vitality (INC. magazine)
• #47 Among the Best Places for Business and Careers (Forbes.com)
• #5 Among the Fastest Growing Metros (Forbes.com)
• 3rd Best Metro for Job Creation (Milken Institute)
CHAMBER OF COMMERCE
The Prescott Chamber of Commerce promotes its membership by enhancing the overall business environment of Prescott.
Currently made up of 1,150 members, the Prescott Chamber of Commerce is a significant asset to the area’s business community. The Chamber is devoted to supporting businesses of all kinds, as well as the community at-large, through a wealth of beneficial programs and services. Through the Chamber, members have access to an abundance of business networking opportunities, community events, educational and training options, vital area economic information and more. The Chamber also operates a complete visitor center open every day of the week.
117 W. Goodwin Street
928-445-2000/800-266-7534 • www.prescott.org
EMPLOYMENT 2007
Prescott Metropolitan Area (Yavapai County)
Total Labor Force — 100,200
Total Employed — 96,400
Unemployment Rate — 3.8%
*Source: www.workforce.az.gov
TOP 10 MAJOR EMPLOYERS
Yavapai County
Yavapai Regional Medical Center
Prescott Unified School District
Wal-Mart
V.A. Medical Center —
City of Prescott
State of Arizona
MI Better Bilt
Yavapai College
Embry-Riddle University
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- Chamber Welcome
- Community Introduction
- A Brief History of Prescott
- Location & Transportation
- Attractions & Lodging
- Homes
- Recreation
- Arts & Entertainment
- Shopping & Dining Guide
- Educational Excellence
- Business & Industry
- Healthcare
- Government
- Community Service & Worship
- Prescott AZ Chamber Website
- Prescott AZ Chamber Participating Advertisers
