Economy Archives

Arizona economy rising, report shows

phoenix

Phoenix and the broader Arizona economy are expanding again after an extremely difficult recession, although growth will be more modest than the boom times of a decade ago, according to a report released today by BMO Economics. The labor market is a bright spot, with the city remaining consistent in its job growth performance.  “The… Read More →

Could Looser Lending Standards Boost Phoenix Market?

housing.prices

Will banks start to drop their standards and let people with slightly lower credit scores and much lower down payments buy homes? That’s the big question, after the Federal Deposit Insurance Corporation (FDIC) and other agencies voted to approve new, looser lending rules this week. A well-known expert from the W. P. Carey School of… Read More →

4 big ideas shaking up Arizona-Mexico trade

Trucks CrossingBorderat Nogales

While all of us have no doubt been busy getting enlightened by the endless stream of political TV ads, there have been lots of exciting things happening to grow Arizona’s cross-border trade profile with our neighbor Mexico. Matchmaker, matchmaker, make me a match Dennis Smith and the team at the Maricopa Association of Governments deserve… Read More →

5 Things To Remember When Asking for a Raise

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A Wells Fargo employee emailed the company’s CEO asking for a $10,000 raise and cc’d 200,000 other employees. Then there’s Microsoft CEO Satya Nadella who said that women who don’t ask for raises will receive good karma.  So what is the correct way to ask for a raise? Jacqueline Whitmore is an internationally recognized etiquette… Read More →

Independent shops create Coffee Culture in Phoenix

latte

It doesn’t take an investigative panel to notice the smattering of new coffee shops in Phoenix. In the past few years, vacant lots and empty buildings have transformed into Cartel Coffee Lab, Songbird Tea and Coffeehouse, JoBot Coffee and Nami. The culture of local shops have more to offer to Phoenix than a just a… Read More →

Arizona Opens Mexico City Trade Office

Trucks CrossingBorderat Nogales

The State of Arizona today announced the strategic expansion of its presence and investment in Mexico with the launch of the Arizona State Trade and Investment Office. The grand opening of the Arizona office located in Mexico City was the culminating event of an Arizona-led trade mission conducted this week to strengthen the state’s relationship… Read More →

Phoenix MBDA Hosts Global Business Conference

Avnet - Fortune Global 500

The Phoenix Minority Business Development Agency (MBDA) Business Center, in partnership with the Thunderbird School of Global Management, is hosting Phoenix MBDA’s 2nd Annual Global Business Conference and the concurrent Global Business to Business Trade Expo on Thursday, October 23 and Friday, October 24 at the Sheraton Phoenix Downtown Hotel. The expo will focus on… Read More →

Expert expects mega events to boost meetings industry

lights-city-landscape

When Cristin Barr, CMP, went to college, she was more interested in investor relations than guest relations. “At The University of Texas I studied Investor Relations, which took me to New York City for my first professional job,” said the current president of the Arizona Sunbelt Chapter of Meeting Professionals International (AzMPI). “For the past… Read More →

ASU helps honor ‘Most Accurate Economist’

Deloitte Report Reveals Mid-Market Companies Expect U.S. Economic Growth

While many Americans were still pinching every penny and praying for a faster recovery from the Great Recession, John Lonski, chief capital markets economist of Moody’s Analytics, understood what our country really faced in its uphill battle toward an economic comeback. He had the most accurate U.S. forecast among the nation’s top economists for the… Read More →

Topgolf Now Hiring for Second Arizona Location

Topgolf.1

Golf entertainment leader TopGolf International, Inc. today announced it has begun hiring associates for its Gilbert location, set to open in December. Approximately 450 new jobs have been posted online at topgolf.com/careers, and auditions will take place throughout the month of October. Available positions range from servers and bartenders to kitchen, maintenance and guest services… Read More →

Navajo will receive $554 million settlement

Navajo Settlement

The Navajo Nation is poised to receive $554 million from the federal government over allegations of mismanagement of tribal resources in the largest settlement of its kind for an American Indian tribe, according to an Associated Press report. Much of the land on the sprawling reservation has been leased for uses such as farming, grazing,… Read More →

Can You Live on $1.28 Per Meal?

Food Basket

Try buying food for one meal for $1.28. It’s not easy, but more than 1 million Arizona families undergo that decision-making process every day. That is the average amount of money provided for each person per meal in the household through the Supplemental Nutrition Assistance Program (SNAP), formerly known as food stamps. The Arizona Community… Read More →

Money Ranks Gilbert 22nd Most Livable City

downtown Gilbert AZ

Gilbert, Arizona has received yet another recognition as one of the best places to live in the country. Time’s Money Magazine has ranked Gilbert as the 22nd Most Livable Small City in America. The study reviewed 781 cities with populations between 50,000 to 300,000, comparing factors ranging from the local economy and housing market to… Read More →

‘YOYO’ Economy Creates New Reality

Key Elements to Retirement Planning

With Social Security in its 79th year, and with real concerns about the future of the program, there is a different reality for retirement planning than when the agency started many years ago. Preparing for a secure retirement has changed drastically with today’s Baby Boomers living in what many call a YOYO (You’re On Your… Read More →