The early Phoenix economy was based primarily in agriculture, with cotton, citrus, and cattle among the leading products. Today, farmland has turned to suburbs and Phoenix does bigger business in tourism, and manufacturing.
Methodology for The PayScale Index: Trends in Compensation
The PayScale Index tracks quarterly changes in total cash compensation for full-time, private industry employees in the United States. In addition to a national index, it includes separate indices for specific industries, metropolitan areas, job categories, and company sizes. The PayScale Index uses 2006 average total cash compensation as a baseline.