Arizona and Montana had the largest increase in state personal income for 2020 at 8.4 percent, according to data from Bureau of Economic Analysis. Occupational employment and wage data from the Bureau…
The Arizona economy continues its recovery from the pandemic, but progress has been uneven. The travel and tourism sector is improving, but still has a long way to go. Transportation…
Arizona’s reputation as a technology industry leader continues to grow. In March, Intel announced a substantial expansion of its Arizona-based manufacturing capacity with a $20 billion investment, which includes two…
There is no debating the fact that 2020 was a tough year for business. Jobs were lost. Businesses were shuttered. Some companies were forced to pivot, then pivot again, and…
After more than a decade of unsuccessful legal challenges to prevent the construction of an “in-situ” copper mine within the town boundaries, the Florence Town Council agreed to settle the…
Though April’s jobs report only showed 266,000 jobs gained compared to the 1 million expected, new unemployment claims decreased week-over-week on May 10, and were 93% below the peak during…
Phoenix has maintained its ranking as the top metropolitan area in the nation for net migration for a third consecutive year, according to the latest data from the U.S. Census…
The funky mid-century vibe of Danelle Plaza, located at the southwest corner of Mill and Southern avenues, is continuing to evolve — and for the first time in 40 years,…
ElectraMeccanica Vehicles Corp., a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs), today broke ground on its first U.S. based assembly facility and state-of-the-art engineering technical center in…
Startups are a significant driver of the U.S. economy. Each year, thousands of entrepreneurs launch new businesses that create jobs and spur innovation and efficiency across the market. According to the…
The economic outlook for Arizona and the U.S. is promising as the deep recession sparked by the pandemic quickly recedes, according to three Arizona State University experts. “A year ago,…
The Arizona Office of Economic Opportunity is projecting the state will add more than half a million jobs over the next eight years, continuing a surge in economic growth. “Arizona has…
