Phoenix and Arizona are both doing better when it comes to start-up activity.
Every year, the Kauffman Foundation takes a measure of that. In 2016, Arizona ranked fourth in the country, while the Phoenix metro area ranked eighth — both are up two spots from the year before.
Arnobeo Morelix, a senior research analyst at the Kauffman Foundation, talked about how the foundation ranked start-up activity in a state or metro area.