economy Archives

New Resorts Are Sprouting In The Valley Despite The Shaky Economy

Arizona touts dozens of breathtaking resorts with countless amenities, but there’s still room for more. The Wild Horse Pass Hotel & Casino in Chandler opened its doors in October 2009, and Talking Stick Resort in Scottsdale opened this past April. What makes the opening of these two new resorts all the more remarkable is that… Read More →

Jobs Grow Modestly; State’s Unemployment Rate Is Unchanged

Cubicle
by in Economy | Featured

The state added 16,000 jobs in September, mostly due to the start of the new school year. Despite the modest gains, the Arizona Department of Commerce reported today that the state’s unemployment rate remains at 9.7 percent Sept. 2010 Aug. 2010 Sept. 2009 United States 9.6% 9.6% 9.8% Arizona 9.7% 9.7% 9.4% Year-over-year, total non-farm… Read More →

With 35 Years In The Resort Industry, David G. Rosenbaum And MPI Are Perfect Fit

David Rosenbaum - AZ Business Magazine Sep/Oct 2010
by in AZ Business Magazine | Economy

David G. Rosenbaum, CHME Director of Sales and Marketing Fiesta Resort Conference Center www.fiestainnresortcc.com When David Rosenbaum first joined the Arizona Sunbelt Chapter of MPI 10 years ago, he was looking to take advantage of the group’s business and networking opportunities, and gain exposure to various meeting planners around the state. As he became more… Read More →

Event Planning Chose Mindy Gunn

Mindy Gunn - AZ Business Magazine Sept/Oct 2010
by in AZ Business Magazine | Economy

Mindy Gunn, AVP, CMP Technology and Operations Group Event Manager Wells Fargo Bank www.wellsfargo.com Mindy Gunn didn’t choose event planning — it chose her. Gunn planned on attending law school, but she switched career paths when she was offered a job as a meeting planner with Wells Fargo Bank. “My start in the meetings and… Read More →

AzHHA’s New President And CEO Is Ready To Tackle The Industry’s Challenges

by in AZ Business Magazine | Healthcare

A familiar face has been named the new president and chief executive officer of the Arizona Hospital and Healthcare Association (AzHHA). Laurie Liles assumed her new role on Sept. 7, succeeding John Rivers, who will be available as a consultant until his retirement becomes official in January. Selected by the AzHHA board of directors on… Read More →

The Buzz on AZNow.Biz – October 12, 2010

Arizona Business Magazine's Editor-in-Chief Janet Perez
by in Columnist Spotlight | Economy | Finance

This week on AZNow.Biz, the University of Arizona’s McGuire Center for Entrepreneurship is making it easy for entrepreneurs and small business owners to expand their knowledge with three unique online certificate courses. Our personal finance columnist, Jacob Gold, writes about Americans putting more money into savings and how that benefits the economy. Plus, see some… Read More →

National Construction Employment Near 14-Year Low

Construction at an All Time Low
by in Economy | Finance | Real Estate | Workforce

The number of people working in construction is approaching a 14-year low now that the industry lost 21,000 jobs in September, while construction unemployment is at a September high of 17.2 percent, according to an analysis of federal employment figures released today by the Associated General Contractors of America. The construction industry continues to suffer… Read More →

CEO Series: Benito Almanza

Benito Almanza Arizona State President Company: Bank of America - AZ Business Magazine Sept/Oct 2010

Benito Almanza Title: Arizona State President Company: Bank of America How would you assess the banking industry’s reactions to the new financial reform law? What are the industry’s biggest concerns, particularly in regards to derivatives and less onerous regulation on small banks? Bank of America has generally supported reforms, including the formation of a new… Read More →

Newly Formed Arizona Commerce Authority Convenes Its Inaugural Board Meeting

Photo from Wikimedia Commons.
by in Blogs | Finance | Workforce

Vowing that “today the rubber hits the road,” Gov. Jan Brewer and Jerry Colangelo assembled and introduced 35 state leaders representing diverse backgrounds for the inaugural board meeting of the Arizona Commerce Authority. The private-sector board will work to align diverse assets and opportunities within the state to compete economically in both domestic and international… Read More →

Arizona’s Unemployment Rate Climbs In August

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by in Economy | Workforce

Despite some gains in the governmental sector, the state’s unemployment rate for August rose one-tenth of a percent to 9.7 percent as private sector hiring was flat, according to the Arizona Department of Commerce. Usually, Arizona’s economy generates jobs in August, but last month only 28,000 jobs were created. That was still better than August… Read More →

Sustainability Is Possible In The Suburbs. Really.

Illustration of suburb with recycle logo
by in Columnist Spotlight | Green

Is it possible to build a sustainable suburb? The answer depends largely upon your perspective. Of course, sustainability is a word freely associated these days with eco-friendly building materials, alternative energy and “living off the grid,” and is usually used in conjunction with the concepts of urban living, light-rail and transportation-oriented development. However, some of… Read More →

Greater Phoenix Economic Forecast 2011: “Painfully Slow”

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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 →

Elementary School Leaves A Small Carbon Footprint

Tartesso Elementary
by in Education | Featured | Green

Buckeye’s Tartesso Elementary School is receiving high marks, but it has nothing to do with the kids in the classroom. On Aug. 19, 2010, the United States Green Building Council awarded the 3-year-old school with a Leadership in Energy and Environmental Design (LEED) Silver Certification for sustainable building design. Tartesso, a part of the Saddle… Read More →

Nation’s Unemployment Rate Holds Steady

unemployment rate was unchanged at 9.6 percent after the economy lost 54,000 jobs in August
by in Economy

The nation’s unemployment rate was unchanged at 9.6 percent after the economy lost 54,000 jobs in August. The U.S. Bureau of Labor Statistics (BLS) reported today that government employment fell as a result of shedding 114,000 temporary workers hired for the Census. Private-sector payroll employment rose by 67,000. “The August jobs report, albeit tepid, does… Read More →