economic Archives

Arizona Lottery Breaks Sales Records


The Arizona Lottery reports a record-breaking $724 million in sales, a 4.5 percent increase over the previous fiscal year, and the highest amount in the Arizona Lottery’s 33-year history. Lottery beneficiaries received more than $175 million in net funding during the year. As a result of revenues for beneficiaries increasing 33 percent over the past… Read More →

Top Things to Do This Week

Ballet Arizona
by in Date Night | Events | Lifestyle

It’s the week of Valentine’s Day, which means that this weekend will have plenty of lovely events to attend. Watch the sad love story of “La Bayadère: The Temple Dancer” at Arizona Ballet or see the majestic Arabian Horse Show and be awed by the beautiful creatures. No matter what you do this weekend, make… Read More →

CBRE Negotiates Sale of Single-Tenant Building in Glendale

by in Brokerage | Business News

  CBRE negotiated the sale of a 16,632 SF building at Glendale Corporate Center, a Class A office park north of the NEC of 99th Ave. and Camelback Rd. in Glendale. The building is 100% occupied by the United States Marshals Service. Barry Gabel, Mindy Korth and Ashley Brooks of CBRE’s Phoenix office represented the… Read More →

Greater Phoenix Economic Council Profiles

The GPEC building in Phoenix - AZ Business Magazine Jan/Feb 2011
by in AZ Business Magazine | Economy

Georgia Lord GPEC Ambassador Chairwoman Former Vice Mayor City of Goodyear As the wife of an Air Force officer, Georgia Lord has experienced myriad of cultures. Little did she know that while with him on assignment in Germany, she would get the opportunity to ride in a blimp bearing, coincidentally, the name of the city… Read More →

Sellers Beware: Staging Can Help Sell Your Home!

Omer Faizi Room 3
by in Executive Lifestyle | Real Estate

It wasn’t just the tall cheetah print chairs, luminous red and green chandeliers strung from the ceiling, that were distracting. When apartment hunters stepped into the 5-floor studio for sale, they found a white leather upholstered bed with red and orange shimmering pillows, funky artwork and a hanging L.E.D. lamp giving off different shades of… Read More →

Employee Discontent Experiences Sharp Rise, Study Finds

Employee Discontent Experiences Sharp Rise
by in Economy | Workforce

Workers are poised for a mass exodus next year, according to a poll of more than 1,400 workers in North America by Right Management. Employees are feeling increasingly restless and intend to leave in droves if opportunities open up in the job market. Eighty-four percent of the employees polled say they plan to look for… Read More →

Sluggish Demand for Office Space in Metro Phoenix Continues

Sluggish Demand for Office Space in Phoenix
by in Economy | Real Estate

The Phoenix office market continued to feel the effects of a sluggish and wavering economy, according to Cassidy Turley BRE Commercial’s 3Q 2010 office market trends report released today. Economic indicators remain mixed causing uncertainty as to whether our economy is headed into a “double dip” recession or a period of slow growth. The best… Read More →

Tucson Office Market Sector Remains Consistent

by in Real Estate

Uncertain whether the market has bottomed out, buyers and tenants continue to be hesitant whether they should take advantage of attractive sale and lease opportunities. That’s the word on the street as the 3Q Tucson office market report was released today by Picor Commercial Real Estate Services, a Cushman & Wakefield Alliance member. For the… Read More →

Johnson Bank Closing 4 Offices In Arizona

by in Economy | Finance | Workforce

Johnson Bank offices in Phoenix, Mesa Peoria and Rio Verde will close their doors on Jan. 8, 2011, it was announced today. The closings come as a part of the bank’s plan “to maintain the health of the business in the midst of depressed economic conditions,” according to a company press release. Arizona office closing… Read More →

Greater Phoenix Economic Forecast 2011: “Painfully Slow”

by in Economy | Real Estate

The economy may be better in 2011 than it was in 2010, but the road to full recovery will remain long and full of potholes. But hey, it could be worse. It could be 2009. That’s according to economist Elliott D. Pollack, CEO of Elliot D. Pollack & Company. Pollack was speaking at the Greater… Read More →

Don’t Count On The Current Gold Rush Lasting

light reflecting off gold bars
by in Columnist Spotlight | Finance

The recent economic recession forced society to relook at what we consider to be financial norms. What was considered reasonable several years ago is now unjustifiable based on today’s new standard. The comfort of having money in an actual wallet is greater than having a pricey purse to carry it in. It is possible that… Read More →

Cohesive Sustainable Workplace Environment

Cohesive Workplace
by in Blogs | Green | Workforce

The summer of fun in Arizona has arrived. What are some of the exciting topics around the water cooler this season? Consider these: A splendid May that has seen unseasonably cool temperatures; our Phoenix Suns vying for a championship; environmental disaster in the Gulf of Mexico; this little thing called Senate Bill 1070. Did you… Read More →

Green News Roundup-Sustainable Haiti, Economic Development & More

Green World
by in Economy | Green

The catastrophic events that have stricken the people of Haiti demonstrate — quite lamentably — that in a world of nanotechnology, Google-enabled mobile phones, double tall soy lattes, and proposed universal healthcare, there remain societies on the brink of social, economic, and environmental collapse. For comparison sake, recall the 1989 earthquake that struck the San… Read More →

Valley Forward: Colin Tetreault

by in AZ Business Magazine | Green

Colin Tetreault Master of Arts Student Arizona State University, School of Sustainability As a student at the Arizona State University School of Sustainability, Colin Tetreault is exploring ways for the business community to play a greater role in enhancing the global environment. It’s a natural blend of interests for Tetreault, who is pursuing a… Read More →