economy Archives

TREO Is Working To Position The Tucson Region For Post-Recession Growth

The past year was unprecedented in the U.S. economy. As experienced nationwide, the recent credit and housing crises resulted in rapid job losses and extreme economic uncertainty. While the situation at the national and state level is critical, leaders in the Tucson region are working to take our destiny into our own hands, providing leadership… Read More →

Who To Watch: John Chan

John Chan Interim Director Phoenix Convention Center Despite a slumping economy, the newly expanded Phoenix Convention Center experienced a phenomenon expressed some years ago in a movie — “If you build it they will come.” Indeed, convention delegates came in record numbers in 2009, attracted by the usual Phoenix amenities, including weather and reasonable prices.… Read More →

Who To Watch: John Chadwick

John Chadwick President, Southwest Area Pulte Homes John Chadwick knows there have been better days in Arizona’s home-construction industry. Last year was a challenging time for homebuilders and he believes this year will test their mettle, as well. But he’s convinced that builders with sufficient resources will find opportunities as the state’s residential real estate… Read More →

Small Businesses Are Still Waiting For Bank Lending To Thaw

Lending Thaw

We are still feeling the effects of the recession that started in fall 2007. When small business owners read financial literature, listen to pundits on television or radio, or visit with their local bankers, they still encounter conflicting information regarding the near- and long-term prospects of both the Arizona and United States economies. Small business… Read More →

CEO Series: Brian Mueller

man standing in front of a shelf with a basketball on it

Brian Mueller Chief Executive Officer and Director, Grand Canyon University Assess the current state of private universities. I think if you look at the top tier, the Ivy League schools, and those just below them, those people have such strong brands and such huge endowments that they are OK, and they can make it through… Read More →

New Program At Thunderbird Aims To Help Students And Employees Succeed Post-Recession

Students/employees succeed post-recession

Lately, the national and international media have been reporting that the economy is recovering. The chatter is that many of the key indicators (other than unemployment) are starting to predict that we may be just a quarter or two from the “light” at the end of the tunnel. That light, however, could be snuffed by… Read More →

Comprehensive Information On Hispanics In Arizona

DATOS 2009 annual expert analysis of the role and impact of Latino businesses and consumers on the state’s economy

On Nov. 18, the Arizona Hispanic Chamber of Commerce, in conjunction with the W.P. Carey School of Business at Arizona State University, will release DATOS 2009, an annual expert analysis of the role and impact of Latino businesses and consumers on the state’s economy. For nearly 15 years, DATOS has provided insight into issues ranging… Read More →

Celebrating Second-Stage Entrepreneurial Companies

AZ Companies to Watch

Presented by the Arizona Small Business Association in conjunction with the Edward Lowe Foundation Gov. Jan Brewer The businesses of the 2009 class of Comerica Bank Arizona Companies to Watch represent the determined, innovative spirit necessary to advance our great state. I am especially pleased to extend my congratulations and gratitude to this year’s recipients.… Read More →

Hit Harder Than The Rest Of The Nation, The Valley’s Economy Is Starting To Show Faint Signs Of Recovery

An End in Sight
by in AZ Business Magazine | Economy | Finance

Don’t dust off that party hat just yet, but there are early signs that the worst recession in the Valley’s history is easing its stranglehold on the economy. To be sure, as fall approaches and the recession’s two-year mark looms in December, Phoenix residents and businesses still struggle with plenty of economic problems. But economists… Read More →

For Medical Building Owners, Are Lease Workouts Worth The Work?

hospital bed and xray

The market is stormier these days. Many of the lease rates presented by medical building owners today would previously have been considered anomalies, but they’re now more of a trend. Nonetheless, some medical buildings have stayed afloat maintaining their asking rates successfully. So is it worth it to seek to propose or consider a modification… Read More →

Profiles Of ACULA Members And Credit Union CEOs

Credit Union CEOs

Pat Bodnar Senior Vice President Arizona Credit Union League & Affiliates Pat Bodnar has never worked at a credit union. Yet, as senior vice president of the Arizona Credit Union League & Affiliates, she certainly works for them. In the 24 years that Bodnar has been at the league, her colleagues say she has reached… Read More →

Arizona’s Credit Unions Are Reaching Out To Small Businesses

credit unions reaching out to small business
by in AZ Business Magazine | Featured | Finance

Relative newcomers to the field of making business loans, credit unions nonetheless have become key players in today’s tight-money economy. Barely 10 years ago, credit unions concentrated mainly on savings and checking accounts, and made personal, auto and home loans. But the Credit Union National Association says credit unions nationally originated $6.5 billion in business… Read More →

Law Firms Are Altering Their Strategies To Cope With The Recession

Changing Course

The downturn in the economy that is affecting all businesses has not spared law firms. Like all other businesses, law firms have been forced to cope with fewer and thriftier clients. Specifically, law firms have had to deal with sharp reductions in transactional and real estate work, large increases in litigation and bankruptcy matters, and… Read More →

How Does America Feel About Sustainability?

Sustainable America
by in Blogs | Economy | Green | Politics

In a previous blog post I wrote about the amount of money being set aside for sustainability in the American Reinvestment and Recovery Act — $467 million to be exact. With so much money being spent, are you wondering what the American people really think about sustainability-related matters? Me too. As luck would have it,… Read More →