Economy Archives

2% Club looks to help women scale their businesses

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I recently conducted research in preparation for a roundtable discussion for women business owners with revenues in the $100,000s looking to scale to $1 million. I learned that only 2% of women generate a million dollars in annual revenue. The average generates $155,000 annually and has .9 employees. This was shocking. But it also inspired… Read More →

As Cactus League returns, impact felt across the Valley

Cactus League
by in AZ Business Magazine | Economy

At opposite ends of the Valley, two cities with different histories and cultures share a common denominator: tourists flock there when the calendar flips to March in Scottsdale and Goodyear. Spring training has arrived. “It’s the perfect place,” Arizona Diamondbacks President and CEO Derrick Hall said. “It’s spring training and it’s spring break.” Cactus League… Read More →

Donate a book for a chance at free haircuts for year

KIC Interior_MidRes

As Dr. Seuss says, “The more that you read, the more things you will know.”  But reports this week indicated that as many as 40 percent of Arizona’s third graders are not minimally proficient readers. On March 2 Keep It Cut salons will participate in Read Across America Day. The reading awareness program is held… Read More →

DoubleDutch will open new office in Phoenix

mobile tech

The Greater Phoenix Economic Council (GPEC) and the City of Phoenix today join DoubleDutch, a leading global provider of mobile event apps, in announcing the company’s expansion to Phoenix, Arizona. DoubleDutch plans to add 30 employees to this regional office by the end of the year and will use the new location to expand geographic… Read More →

Black-owned business struggles to grow in Arizona

Black Business

Clarence McAllister said it took him 16 years to grow his company, Phoenix-based Fortis Networks. He and his wife had to use personal credit cards to start the business because they couldn’t get a loan. And there weren’t many opportunities for him – or his fellow black business owners, he said. Even now, he has… Read More →

CEOs say education is Arizona’s No. 1 business challenge

Enterprise Bank & Trust

In a first-of-its-kind survey of Arizona-based businesses about the state’s overall business climate, findings show that the number one business issue in the state is education, and that the number one priority for local and state governments should be increasing K-12 public funding. The concern around education as it applies to job readiness was underscored through… Read More →

Independent businesses show sales, hiring growth

Independent businesses

Independent businesses experienced healthy sales growth in 2015, buoyed by strong community ties and growing public awareness of the benefits of locally owned businesses, according to a large national survey. The Independent Business Survey, which is conducted by the Institute for Local Self-Reliance in partnership with the Advocates for Independent Business and is now in… Read More →

Chris Camacho: The man leading the mission for GPEC

Chris Camacho
by in AZ Business Magazine | Economy | Tech

Chris Camacho might be the most influential Millennial in Arizona. But who better to guide Arizona’s economy into a technology-driven world than a Millennial? The 35-year-old president and CEO of the Greater Phoenix Economic Council (GPEC) packs an economic punch, During Camacho’s tenure with the economic development association, GPEC has attracted more that 170 companies,… Read More →

AAED will discuss economic impact of Final Four

VCU, Butler, UConn and Kentucky will play in Houston this weekend for the NCAA basketball Final Four. Winners continue to the National Championship game

Dawn Rogers, executive director and CEO of the Phoenix Final Four Local Organizing Committee, will be the keynote speaker at the Arizona Association for Economic Development’s (AAED) March luncheon.  It will be held on March 1 from 11:30 a.m. to 1:15 p.m. at 2901 N. Seventh St. in Phoenix. Rogers will discuss how Arizona earned… Read More →

Meet the Industry Leaders of Arizona

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The CEOs and CFOs of Arizona’s most dynamic and innovative companies are coming together for the 2016 Industry Leaders of Arizona (ILoA) Awards, a night of networking and celebration.  Each year, Az Business magazine presents the Industry Leaders of Arizona Awards, which recognize the contributions and impact of Arizona‐based companies on both the economy of Arizona and in… Read More →

Arizona draws more than 1 million Canadian tourists

HSMAI - Tourism

Record breaking is simply the best way to describe Arizona’s unique relationship with Canada as the state celebrates Canada Week.  For the first time ever, 2015 brought more than one million recorded Canadian tourists to explore and enjoy communities across all of Arizona. “Arizona enjoys a long standing friendship with our Canadian neighbors who bring… Read More →

Why it’s good business to hire veterans

bestcompaniesaz

No more excuses – hiring veterans is good for your business. More than half of U.S. businesses don’t have formal programs in place to hire military veterans, and unemployment among veterans is still higher than in the general population. That’s an opportunity for savvy employers who need to grow their teams, and understand that hiring… Read More →

Census report shows record year for Arizona exports

Ducey

Preliminary data released this morning by the U.S. Census Bureau notes that Arizona’s 2015 exports were $22.56 billion, representing Arizona’s largest export year in recorded history. Additionally, Arizona exports were 6.2 percent higher than 2014, making it the 4th fastest growing export economy in the U.S. “These impressive trade figures are further evidence that Arizona is… Read More →

Greater Phoenix Chamber announces legislative priorities

Arizona Senate

The Greater Phoenix Chamber of Commerce’s 2016 priorities will focus on restoration of funding for Joint Technical Education Districts (JTEDs), campaign finance reform, pension reform for public safety and a balanced state budget. Serving as a unified voice for its 2,500 member businesses at each level of government, the Greater Phoenix Chamber of Commerce’s public affairs… Read More →