economic slowdown Archives

Construction Industry Loses 7,000 Jobs In March

construction industry

The construction industry lost 7,000 jobs in March, inching the unemployment rate up to 17.2 percent from 17.1 percent in February, according to the April 6 Department of Labor employment report. Year over year, construction industry unemployment is down compared to the March 2011 rate of 20 percent. The construction industry added 55,000 jobs over the… Read More →

SRP Study Reveals How Businesses Reacted, Adapted To Economy

SRP Study Reveals How Businesses Reacted, Adapted To Economy

The “2011 SRP Metro-Phoenix Business Study: New Strategies for Success” reveals how businesses have survived and adapted operations during the economic slowdown. “The past several years have been economically challenging for families, businesses and every level of government. Everyone felt the pinch of our recent economic downturn,” said Mark Bonsall, Salt River Project (SRP) general… Read More →

A Quarter Century Of Wisdom Points To The Right Solution

Arizona State Seal

In 1982, I was beginning my first term in Arizona’s House of Representatives. After years of spending increases, our state was suffering an economic slowdown. Recovery was just around the corner. In 1984, Ronald Reagan was elected to his second term as president of the United States, the federal government announced that it would build… Read More →