W.P. Carey School of Business Archives

Long-term commercial real estate outlook is optimistic

Construction Employment

A recent survey of commercial real estate brokers shows the market is poised for a continued slow and steady recovery, for at least another six months. The latest survey conducted by ASU’s W. P. Carey School of Business reflects changes in attitude now that the Presidential election is over. Responses show confidence has returned. “There are a number of… Read More →

ASU Real Estate Development students put creativity to the test

by in After Hours | AZRE Magazine | Events

The Fourth Annual REIAC/Rockefeller Group Challenge lets teams compete for cash. The 2016 winners presented an outside-the-box proposal for a complicated, 16-acre site located on the northwest corner of Rural Road and University Drive in Tempe known as Fraternity Row. How will this year’s winning team dazzle the judges? Three teams of graduating students from… Read More →

Arizona remains on ‘solid’ job growth pace

Arizona added 54,700 jobs from January 2016 to January 2017, a 2 percent increase that put it near the top of states for job growth, according to a jobs report released this month by the Bureau of Labor Statistics. Experts point to traditional factors, like the state’s steady population growth and its low-tax, pro-business environment,… Read More →

Understanding Ducey’s $1 billion university research infrastructure plan

bioscience

Lasting economic impact, the kind that spans generations and creates jobs today and in the future, depends on a series of strategic investments and commitments made by both the public sector and the private sectors. AZBio applauds Governor Doug Ducey for his foresight and commitment to the future of Arizona as demonstrated by his plan… Read More →

W.P. Carey school celebrates Spirit of Enterprise Awards

Spirit of Enterprise Awards
by in AZ Business Magazine

On Friday, Nov. 18, the W. P. Carey School of Business at Arizona State University held its 20th annual Spirit of Enterprise Awards at the JW Marriott Phoenix Desert Ridge Resort & Spa. The award winners were chosen because of their passion to innovate and improve the lives of their community. Originally the Spirit of… Read More →

ASU Research Park generates jobs, $1.4 billion in state income

A recent study conducted by the L. William Seidman Research Institute at the W.P. Carey School of Business at Arizona State University reveals that ASU Research Park tenants generate 16,160 jobs for Arizona residents, provide labor income of $865 million for Arizona workers, and account for $1.418 billion in total income. Labor income is the… Read More →

State’s economic growth slowed in 2015, as mining, copper took a hit

Arizona’s economy grew in 2015, but at a much slower rate than it did in 2014, according to the latest report from the Bureau of Economic Analysis. The report said the state’s gross domestic product grew 0.9 percent to reach $294.2 billion in 2015, but that was half the 1.8 percent rate of growth the state… Read More →

College Football Playoff has $273.6M economic impact

The 2016 College Football Playoff (CFP) National Championship generated $273.6 million in economic impact, highest among Arizona’s eight college football title games, according to a study by the L. William Seidman Research Institute at Arizona State University’s W.P. Carey School of Business. An estimated 65,401 visitors came to Arizona for the 2016 College Football Playoff… Read More →

W.P. Carey Talks Speaker Series coming in April

Arizona State University

Arizona State University W.P. Carey School of Business Alumni Board will host the second annual W.P. Carey Talks Speaker Series at the Orpheum Theatre, April 9th, from 5 p.m. to 8 p.m. The alumni board, focused on promoting the W.P. Carey School of Business and engaging its alumni, brought together a unique group of speakers to inspire… Read More →

Single-family home sales hit highest level since 2008

Shea homes

In December, new single-family home sales had their best month since 2008, with $514 million worth of sales, according to the W.P. Carey School of Business at Arizona State University greater Phoenix housing report. Permits for new construction also attained their highest levels since 2008 with 16,768 permits issued in 2015, according to the report, which… Read More →

Phoenix entry-level homes see appreciation

Good news for folks owning homes priced below $250,000 as they appreciated the most in 2015 between 6 and 12 percent, according to the W.P. Carey School of Business at Arizona State University’s most recent housing report. Homes priced in the next tier, $250,000 to $500,000 saw modest appreciation at 2 to 6 percent while… Read More →

Arizona looks for economic boost from sports

by in AZ Business Magazine | Economy | Sports

The College Football Playoff National Championship Game on Jan. 11 is the next in a line of major sporting events coming to Arizona that has the potential for both short- and long-term financial benefits for the state, analysts and backers say. But while Super Bowl XLIX brought in over $700 million for the local economy, according… Read More →

Experts predict steady growth for Arizona economy

Arizona Economic Forecast 2011, Economic Recovery

Say goodbye to the recession and keep an eye on slow, steady growth for the state and nation in 2016. That’s what experts said today at the 52nd annual Economic Forecast Luncheon co-sponsored by Arizona State University’s W. P. Carey School of Business and JPMorgan Chase. Four experts delivered a comprehensive overview of what’s happening… Read More →

Fuchsia Spa breaks ground on their first franchise location

Blue Door Spa

Mesa, Ariz.-based Fuchsia Spa, a concept designed for the everyday woman to indulge in affordable, yet high-end spa services monthly, has announced the breaking ground of its first franchise location, which is set to open in Phoenix this year. Long-time Fuchsia employee Shauna Owens, 30, and her sister Marissa Owens, 28, signed a lease in… Read More →