Arizona's road to recovery mapped out

As Arizona enters its third year of recession, recovery remains elusive. Despite its increasing diversification, Arizona's economy needs new residents to fill all the empty houses. It needs tourists and business meetings to fill resorts and hotels. Arizona will bounce back economically only as quickly as its core industries revive, and that is projected to take four or five years. But the fundamental strengths that have made the state one of the nation's fastest-growing for decades haven't evaporated. Among them: sunny, scenic deserts; affordable housing; respectable clusters of semiconductor, bioscience, aerospace and defense industries; and the opportunity for year-round golf and other outdoor activities. And, of course, the Grand Canyon.

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