economy Archives

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 →

CEO Series: Robert E. Mittlestaedt Jr.

man with red tie standing in front of Dean's office

Robert E. Mittelstaedt Jr. Dean, W.P. Carey School of Business at Arizona State University How is W.P. Carey’s curriculum changing due to the economic crisis? The curriculum in any business school has to involve some fundamental, timeless subjects that never change. So accounting and some aspects of finance and people management and other things will… Read More →

The Business Community Is Ringing A Cautionary Bell On Further Cuts To The State’s Education System

The Business Community Is Ringing A Cautionary Bell On Further Cuts To The State’s Education System

Good schools are good for business. It’s that simple. Contrary to popular belief, incentives and tax breaks aren’t necessarily the only things businesses take into account when considering a move to Arizona or an expansion of a local operation. Sure, they want to make money, but the quality of the education system, from K-12 through… Read More →

Executives From West Valley Hospitals Assess The Impact Of The Current Economy

AH Endovascular OR Suite

The need for health care services continues to grow across the state, including the West Valley. And under the current recession, hospitals are being asked to do more with less. Jon Bartlett, CEO of Arrowhead Hospital, says the health care industry is not immune to the impact of the bad economy, but he remains optimistic… Read More →

WESTMARC Unveils The Results Of A Work Force Labor Market Study

West Valley Industry Turnover

What started as an initiative from the city of Surprise Economic Development Department quickly turned into an unprecedented work force study on the entire West Valley spearheaded by WESTMARC. The study came about through a collaboration of communities, corporations, government entities and educational institutions that contributed more than $150,000 to fund the report. “West Valley… Read More →

This Isn’t the First Crisis The Valley’s Banking Industry Has Faced

money, cash, hundred dollar bills
by in AZ Business Magazine | Finance

The Valley has come a long way over the past 25 years, and the banking and financial sector is no exception. Challenges, crises and legislation brought about dramatic change that has created a new era in banking and finance. In the mid-80s local banks dominated the sector, while regional and national banks were nonexistent. The… Read More →