economic recovery Archives

Experts: 2 more years until full economic recovery in Arizona

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

We can expect our economic recovery to take about another two years in Arizona. That’s what experts said today at the 51st annual Economic Forecast Luncheon co-sponsored by Arizona State University’s W. P. Carey School of Business and JPMorgan Chase. About 750 people attended the event at the Phoenix Convention Center. Key experts delivered a… Read More →

The 7 Fastest Growing Industries of 2013 – Infographic

2013 Biggest Fastest Growing Business Industries
by in Infographics

The economy is, thankfully, recovering, and entrepreneurialism has played a large role in helping it along. One of the most interesting parts of this recovery, however, is the emergence of new types of industry. Businesses have found all new niches to fill, and seven industries in particular have shown substantial growth in 2013:

Rich got richer during recovery, report shows


A new report says the richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93 percent of the nation’s households. The Pew Research Center report says wealth held by the richest 7 percent of households rose 28 percent from 2009 to 2011, while… Read More →

Retail Overview: Big Boxes, Big Decisions


  As a building owner of a vacant big box (or perhaps soon-to-be-vacant), there are a lot of factors that affect the return on your investment and the success of your asset. From our experience in working with owners as they analyze their asset, we have found that one common denominator applies to every situation… Read More →

Arizona Could Hit Full Economic Recovery in 3 Years


We’re finally on the path to full economic recovery, and Arizona may get there in about three years. That’s the main message from experts who spoke today at the 49th Annual Economic Forecast Luncheon co-sponsored by Arizona State University’s W. P. Carey School of Business and JPMorgan Chase. About 1,000 people attended the event at… Read More →

Resurgent Economy Bodes Well For Valley Retail Market

As the economic recovery gains steam, the Phoenix retail market will continue to strengthen this year, according to a market forecast from Marcus & Millichap. Over the past 12 months, the metro has been one of the top-performing job markets in the country. Additionally, after years of setbacks, the housing market recorded six consecutive months of price… Read More →

Consulting Expert Sheds Light On New Hiring Trend

hiring trend - contracted worker

An important hiring trend underway right now isn’t getting much attention in the news. Companies both large and small are riding the economic recovery wave by filling mid- to high-level positions with contract employees. According to the Bureau of Labor Statistics, no fewer than half of all the professional jobs added in the past quarter… Read More →

Aerospace And Defense Industry – Critical To Expanding Economy

Aerospace and defense industry - AZ Business Magazine March/April 2012

Aerospace and defense industry is critical to expanding economy When I’m asked to name one sector of Arizona’s technology community that is critical to expanding the strength of the economic recovery, I always sum it up in two letters: A&D  — the aerospace and defense industry. It’s a cornerstone industry for Arizona, as our state… Read More →

National Speakers Association Shares Business Tips, Practices

Stacy Tetschner, National Speakers Association
by in Economy | Finance | Marketing

Business Tips: As your business trims the fat and weathers a tough economy, here are a few business tips and practices, from business professionals, including Stacy Tetschner of National Speakers Association and Pamela Barker of Genesis Strategic Planning Inc., to consider to keep your business afloat without burning out employees or missing opportunities. Cut back or… Read More →

Legislation to help re-establish Arizona as an economic leader

arizona flag 2011
by in Economy

Gov. Jan Brewer today called the Legislature into Special Session for the consideration of a comprehensive plan to put Arizona back to work. Known as the Arizona Competitiveness Package, the proposal includes a mix of targeted business incentives and broad tax reforms designed to rev the Arizona economy. “The Competitiveness Package will make Arizona a… Read More →

CEO Series: Roy Vallee

Roy Vallee, Chairman & CEO of Avnet - AZ Business Magazine Jan/Feb 2011

Long-time member talks technology, dealing with global economic problems, adapting to the changing world of technology, and more. Roy Vallee Title: Chairman and CEO Company: Avnet How you would you assess the current state of your industry? Things are going pretty well for technology. Calendar 2010 will be a very good year by historical standards… Read More →

Businesses Tasked With Retaining Key Talent In Months Ahead

In & Out Box, Ready for Recovery - AZ Business Magazine Jan/Feb 2011

Anne C. Ruddy, president of WorldatWork, an Arizona-based professional association of human resources practitioners, has extensive experience leading and managing large organizations at the highest level. A talent innovator, she uses her organization and its staff of 130 as a laboratory to test new practices and transfer new ideas to its membership regarding human capital.… Read More →

The Buzz on AZNow.Biz – January 3, 2011

Arizona Business Magazine's Editor-in-Chief Janet Perez
by in Blogs

This week on AZNow.Biz, read about how the economic recovery has companies looking for ways to make sure they retain their key employees. Also, read and watch the latest edition of our CEO Series. We talk to Roy Vallee, the CEO and chairman of Avnet. And check out our Touchdown AZ section to find out… Read More →

Age Of The Un-COLA: The Cost Of Living Myth

Just 11 percent of employers award cost-of-living adjustments (COLAs) to employees

Just 11 percent of employers award cost-of-living adjustments (COLAs) to employees, preferring to award promotional and merit increases, according to a WorldatWork study on compensation practices. COLA refers to an across-the-board wage and salary increase designed to bring pay in line with increases in the cost of living to maintain real purchasing power. Cost of living… Read More →