The U.S. economy contracted at an annualized 4.8% rate during the first quarter of 2020 as a result of the ongoing global pandemic, according to an Associated Builders and Contractors…
During an online roundtable discussion Tuesday, four Arizona mayors discussed economic challenges facing their cities as they await Gov. Doug Ducey’s decision on reopening Arizona. Phoenix Mayor Kate Gallego has requested that…
A recession is upon us, due to a public health crisis that has caused a global societal shock. The COVID-19 virus has created many unknowns, but as we work through…
As Arizona residents enter the 27th day of a stay-at-home order to curtail the spread of COVID-19, fully half of Maricopa County residents surveyed report that their personal finances are…
Increasing sales is something that every manufacturing company strives for but can be hugely challenging, especially for smaller companies that may not have the same reputation or presence as a…
To help those encountering economic hardship due to the coronavirus pandemic (COVID-19), President Trump and the U.S. Congress passed a $2 trillion stimulus package, known as the CARES Act. While the…
COVID-19 relief money could start flowing to distressed small businesses as early as this week, after the House overwhelmingly approved a $484 billion measure that refills the exhausted Paycheck Protection…
In Arizona, certain sectors of the economy are plunging as the pandemic delivers its heavy toll. Many restaurant workers are laid off, almost all hotel rooms are empty, small shops…
As with the March Interim forecast, there is still a huge amount of uncertainty about the future of the outbreak and the economic impacts on the Arizona economy associated with…
Thousands of jobs lost in Phoenix. Thousands of businesses struggling to stay alive. All within a matter of weeks. To help, Phoenix has opened a hotline for companies blindsided during…
In March, President Trump signed the Families First Coronavirus Response Act (FFCRA) into law. The Act provides paid sick time and protected paid family leave for eligible employees, but how…
The coronavirus has spread across the United States quickly disrupting daily life with the closing of bars and restaurants. While this has an effect on the restaurant industry, there is…
