W.P. Carey School of Business Archives

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

Arizona is the largest producer of copper in the U.S. and the drop in demand, and prices, for the metal is being felt in the state, where mining jobs are down in recent years.

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

football

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

house

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

football
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 →

MBA students raise taxes in capitol day exercise

Megan Faust, Matt Anderson (second and third from left) and classmates receive guidance from Cox proctors during the executive MBA Business Strategy and Public Policy course.

In a twist of irony, about 40 executive MBA students acting as legislators and advocates voted in a slight increase in taxes to balance a mock state budget on Wednesday, July 22nd. The students, many of whom are employed in Arizona businesses, passed the final vote after two days of learning about policy making and… Read More →

Experts see a stronger year in Phoenix housing market

homes

The spring weather isn’t the only thing that’s favorable in Arizona. “The biggest overall trend we see in residential real estate is the market trending upward from relief to optimism,” says Matt Widdows, founder of HomeSmart International. “We are continuing to see an uptake in the market across the board. Housing prices are on the… Read More →

Arizona’s aerospace industry may turn to space tourism

satellite

Arizona’s missile and space vehicle industry has faced massive cuts to its government contracts over the last four years, forcing some companies to explore other revenue sources. Experts said the industry may turn to space tourism and commercial space programs to fill that gap. The state has several advantages to expand in this market: good… Read More →

Expect a stronger spring in the Phoenix housing market

Luxury Home - AZ Business Magazine November 2008

Expect to see a stronger spring this year in the Phoenix housing market than we saw last year. January was the “lull before the storm,” according to the latest monthly report from the W. P. Carey School of Business at Arizona State University. Here are the highlights of that report on Maricopa and Pinal counties… Read More →

ASU honors top ASU-bred entrepreneurs

Entrepreneurs

Arizona State University has been gaining a nationwide reputation as a breeding ground for entrepreneurs. Accordingly, next week, the W. P. Carey School of Business at ASU is holding its first-ever Sun Devil Select event, to honor some of the country’s top ASU alum-owned and alum-run businesses. Seventeen firms from a variety of industries will… Read More →

W.P. Carey offers supply chain refresher

manufacturing sector expanded

Companies are always interested in keeping costs down, minimizing risk and streamlining efficiency. That’s why supply chain management is such a popular field, with the Bureau of Labor Statistics estimating a 26-percent increase in logistics jobs by 2020. So, what do you do if you work in supply chains, but get transferred to another function… Read More →