Bachelor's Degree or Higher for Arizona
GCT1502AZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.50
Year-over-Year Change
25.94%
Date Range
1/1/2006 - 1/1/2023
Summary
The 'Bachelor's Degree or Higher for Arizona' trend measures the percentage of the adult population in Arizona that has attained a bachelor's degree or higher level of educational attainment. This metric is important for economists and policymakers to track educational outcomes and human capital development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the share of the adult population (aged 25 and over) in the state of Arizona who have completed a bachelor's degree or more advanced degree, such as a master's, professional, or doctoral degree. Educational attainment is a key indicator of human capital and workforce quality, which influences economic productivity and growth.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This metric is widely used by government, academic, and industry analysts to assess Arizona's competitiveness and development relative to national and regional benchmarks.
Key Facts
- Arizona's bachelor's degree attainment rate was 30.2% in 2021.
- The national average bachelor's degree attainment rate was 32.9% in 2021.
- Arizona ranks 38th among U.S. states for bachelor's degree or higher attainment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the adult population in Arizona that has attained a bachelor's degree or higher level of educational attainment.
Q: Why is this trend relevant for users or analysts?
A: Educational attainment is a key indicator of human capital and workforce quality, which influences economic productivity and growth. This metric is widely used to assess Arizona's competitiveness and development relative to national and regional benchmarks.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This metric is used by government, academic, and industry analysts to evaluate Arizona's workforce and human capital development, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a brief time lag. There may be sampling and margin of error limitations inherent to the survey methodology.
Related Trends
Electric Power Carbon Dioxide Emissions, Petroleum Coke for Arizona
EMISSCO2VPCEIBAZA
Gross Domestic Product: Information (51) in Arizona
AZINFONQGSP
Chain-Type Quantity Index for Real GDP: Agriculture, Forestry, Fishing and Hunting (11) in Arizona
AZAGRQGSP
Chain-Type Quantity Index for Real GDP: Ambulatory Health Care Services (621) in Arizona
AZAMBHCQGSP
Electric Power Carbon Dioxide Emissions, All Fuels for Arizona
EMISSCO2TOTVECTOAZA
All Employees: Accommodation and Food Services in Arizona
SMU04000007072000001A
Citation
U.S. Federal Reserve, Bachelor's Degree or Higher for Arizona (GCT1502AZ), retrieved from FRED.