federal reserve Archives

The rise of the home-owning tourist

house

It’s no secret that Arizona is the place to be in the wintertime. The warm, sunny days coupled with a variety of events around the Valley often entice tourists to call Arizona their home for part of the year. As one of the top “snowbird” states in the nation, when should tourists consider transitioning from… Read More →

What will be impact of interest rate increase on CRE?

Arizona Economic Forecast 2011, Economic Recovery
by in AZRE Magazine | Finance & RE Law

In a move that heralds modestly higher rates on some loans, The Federal Reserve is raising interest rates from record lows set at the depths of the financial crisis. The Fed coupled its first rate hike in nine years with a signal that further increases will likely be made slowly as the economy strengthens further… Read More →

ABC predicts continued growth for construction

Construction Employment
by in AZRE Magazine | Construction

Associated Builders and Contractors (ABC) forecasts a continued steady economic recovery for the U.S. commercial and industrial construction industries in 2016. Despite a weak global economy, the industry’s solid economic recovery in 2015 should continue in 2016, led by strong consumer spending. “As the mid-phase of the economic recovery continues, ABC forecasts growth in nonresidential… Read More →

Home prices increase by most in 7 years

fulton

U.S. home prices jumped 12.1 percent in April from a year ago, the most since March 2006. More buyers and a limited supply of available homes have lifted prices in most cities across the country, a sign of a broad-based housing recovery. “The increase in the number of people looking for a new home often… Read More →

Rising gas prices could curtail consumer spending

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by in Business News | Economy

Higher gas prices are crimping consumer spending and slowing the already-weak U.S. economy. And they could get worse in the coming months. The Federal Reserve this week took steps to boost economic growth. But those stimulus measures are also pushing oil prices up. If gas prices follow, consumers will have less money to spend elsewhere.… Read More →

Are You Happy? Ben Bernanke Wants To Know

Ben Bernanke

Ben Bernanke wants to know if you are happy. The Federal Reserve chairman said Monday that gauging happiness can be as important for measuring economic progress as determining whether inflation is low or unemployment high. Economics isn’t just about money and material benefits, Bernanke said. It is also about understanding and promoting “the enhancement of… Read More →

Understanding Economic Concepts, Applying In A Global Perspective

Economic concepts

Within the past few decades we have become a global economy, which adds great opportunity but also risk. Our global economy is affected by many more factors today and is connected deeply with other countries. How does this affect the United Sates? It can affect us in many ways. Before analyzing our global economy it’s… Read More →