Here’s how finance is driving GDP increase in Arizona
Real gross domestic product (GDP) increased at an annual rate of 3.0% in the second quarter of 2024, according to the third estimate released by the Bureau of Economic Analysis. In…
Real gross domestic product (GDP) increased at an annual rate of 3.0% in the second quarter of 2024, according to the third estimate released by the Bureau of Economic Analysis. In…
In August, over the month state unemployment rates were higher in six states and the District of Columbia, lower in one state, and stable in the remaining 43. Arizona’s seasonally adjusted unemployment…
House prices increased 5.7% nationally over the year for the second quarter of 2024 based on the Federal Housing Finance Agency House Price Index. All 50 states and the District of Columbia…
In July, over the month state unemployment rates were higher in 13 states, lower in one, and stable in the remaining 36 and the District of Columbia. The Arizona seasonal jobless rate…
Arizona has a higher share of women-owned businesses than the rest of the nation, an analysis shows. Based on a recent Census Bureau release, there were 28.5 million nonemployer businesses in the…
The Hispanic population grew at a faster rate than the non-Hispanic population between 2022 and 2023 both in the U.S. and in Arizona. The recently released U.S. Census Bureau 2023 population…
Total nonfarm employment in Arizona increased by 63,900 jobs over the year in May, with the seasonally adjusted unemployment rate decreasing to 3.4%, a record low for Arizona. DEEPER DIVE: 5 things to…
Phoenix inflation, once the highest in the nation, is now lower than the national average, according to current data releases as of May 24, 2024. MORE NEWS: These 7 Metro Phoenix…
Nationally, public school spending per pupil increased to $15,633 in fiscal year 2022. This was a change of 8.9%, the largest increase in over 20 years. Arizona per-pupil public school spending increased…
According to the U.S. Bureau of Labor Statistics, the Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.4% on a seasonally adjusted basis in March, the same increase as in…
Arizona house prices rose 6.6% between the fourth quarter of 2022 and the fourth quarter of 2023. This was just above the national price change of 6.5%, according to the Federal…
According to data, February inflation remained elevated nationally, but the good news is that it was lower in Phoenix. According to the U.S. Bureau of Labor Statistics, the Consumer Price Index for…