economy Archives

Cactus League has $809M economic impact on Arizona


Spring training baseball has become a driving force in Arizona’s economy according to a pair of studies released today by Governor Doug Ducey and members of the non-profit Cactus League Baseball Association. The studies, conducted earlier this year, estimate spring training teams and the ballparks they play in now annually generate more than $809 million… Read More →

BMO: Arizona economy will accelerate in 2015

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

Arizona’s economy should pick up in 2015, with expected GDP growth of 3.5 percent, just ahead of the national average and an improvement from the expected 2.5 percent in 2014, according to the bi-annual U.S. State Monitor Report from BMO Economics. Steady population growth and job growth in the high-tech market will also help lead… Read More →

Ariz. economy demands new sense of place

by in AZRE Magazine | Featured

Block by block, the Phoenix Metro is seeing reinvestment, redevelopment and repositioning of land, existing buildings and infrastructure. It may not be high tide across the submarkets and sectors, but a rising tide somewhere can still lift a decent number of ships. The Great Recession has left its mark on the Metro, tasking developers and… 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 →

Experts: Slow, steady economic recovery for Arizona

Our economy continues to slowly improve, with the healthcare and biosciences industry having the most potential for local employment growth. That was just one of the positive signs that came out of last week’s Economic Outlook 2015, presented by the Greater Phoenix Chamber of Commerce (GPCC) and Cox Communications. Nearly 800 business leaders attended the… Read More →

Valley cities rank high for Hispanic business climate


The United States is often dubbed “a nation of immigrants.” But lately the path to American citizenship has been a rough road, especially for an increasing number of Hispanics. Whether they’ve entered U.S. borders lawfully or otherwise, many have felt the sting of marginalization, racism and discrimination in every kind of social environment. And despite… Read More →

Tumbleweed Center Relocates Phoenix Headquarters

Tumbleweed Logo
by in In The Spotlight

Tumbleweed Center for Youth Development will expand and relocate its headquarters from Downtown Phoenix to Siete Square II, 3707 N. 7th St. in Midtown, according to Cushman & Wakefield of Arizona, Inc. Tumbleweed was established in 1972 with a mission to provide a safe space for collaborating with youth and young adults in the community… Read More →

Wells Fargo Plans 410,000 SF Expansion in Chandler

by in Business News | In The Spotlight

By Eric Jay Toll, Senior Correspondent for Arizona Builder’s Exchange | Special to Arizona Commercial Real Estate magazine   Wells Fargo unveiled its 410,000-square-foot Chandler campus expansion to a neighborhood meeting in the East Valley September 16. Arizona Builder’s Exchange broke the story Monday night that the bank filed a rezoning application with the city… Read More →

Commercial Real Estate Veteran Larry Pobuda Joins Transwestern's Phoenix Team

Larry Pobuda
by in Business News | Newsmakers

  Transwestern announced that commercial real estate veteran Lawrence (Larry) Pobuda has joined its Phoenix office, increasing its role in the leasing and sales of office buildings and providing in-depth expertise in development and investment. As senior vice president, Pobuda serves institutional, corporate and private owners, as well as corporate users. “It is exciting to… 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:

Coalition Formed to Combat Proposed EPA Regulations

by in Business News | Economy | Energy | Politics

A group of Arizona business leaders and politicians announced that they have created a coalition to address proposed regulations on the Navajo Generating Station. The Arizona Coalition for Water, Energy and Jobs said in a press conference on Tuesday that regulations proposed by the U.S. Environmental Protection Agency, if implemented, will have an adverse effect… Read More →

AzBA Brings Regulatory Burden to Sinema

Kyrsten Sinema
by in Banking | Business News

Seldom will you find a Member of Congress spending his or her few days out of session at a community bank.  That’s just where freshman U.S. Representative Kyrsten Sinema spent Wednesday afternoon. “It’s our job in Congress to strike the appropriate balance between a secure banking industry and adequate access to capital for families and… Read More →

U.S. Business Leaders Showing Signs of Optimism

by in Economy | Featured

On the heels of a pessimistic outlook during the fourth quarter of 2012, US business leaders show signs of increased optimism in the performance of the nation’s economy according to the latest data from the Grant Thornton International Business Report, a survey of 3,200 business leaders in 44 countries. In first quarter 2013, optimism among… Read More →

I love it when a plan comes together

by in Blogs | Featured | Politics

This is a heady time for supporters of real immigration reform. A bipartisan group of U.S. senators, including our own John McCain and Jeff Flake, have announced their support for a framework of sweeping changes that have long been supported by Arizona’s – and the nation’s – business community. It is natural that Senators McCain… Read More →