"Boom in the Desert: Why It Grows and Grows"

Magazine article

By: U.S. News & World Report

Date: May 25, 1964

Source: "Boom in the Desert—Why It Grows and Grows." U.S. News & World Report, May 25, 1964, 46–52.

About the Publication: Established in 1933, the monthly U.S. News & World Report covers national and international political, economic, and business developments. The magazine also includes advice on investment and personal financial management. Its annual ranking report of U.S. colleges and universities is widely consulted.

Introduction

The southwestern U.S. states of Arizona, Nevada, and New Mexico experienced an economic boom in the 1960s. Four critical factors led to this region's exciting economic expansion: technology advances; favorable business climates; attractive and available land; and innovative growth policies.

Technology lessened the impact of...

[The entire page is 3733 words long]

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