What is the importance of tracking population?
Population size and dynamics are two key economic indicators. Population levels signify both the volume of producers and consumers in regional economy. Growth rates in population may suggest the attractiveness of a region for businesses and people; higher growth rates are commonly associated with economic growth. Age composition provides an insight into the relationship between the working age and the dependent population, the latter comprised of those whom either haven’t reached the working age (such as population under 15) or has left the working age cohort (such as population 65 and older).
What is measured?
Population is defined as total number of people as reported by official censuses. Specific attention is given to population in two age categories, under 15 years of age and the population 65 and older. In Mexico, comparable categories are the age group under 14 years, and the population 60 years and older.
The following age categories are presented:
- Population under 15
- Population 65 and over
- Population 14 and under in Mexico
- Population 60 and older in Mexico
How Arizona compares?
To gauge Arizona and Sonora’s relative standing with regard to population growth, and proportion of specific age groups, data are compared with other U.S. and Mexico Border States. Data are provided on annual bases with indices of percentage change between observed periods.
Photo of young people in Mexico courtesy of Shutterstock.
Photo of student in Mexico courtesy of Shutterstock.