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…
Throughout the coronavirus pandemic, Arizonans have proven that we are stronger together. Time and time again, I hear from Arizonans who are making a difference in their communities by donating…
After three weeks of record-breaking unemployment filings, jobless claims for the state and the nation dipped slightly last week, but they were still in what one economist called “shockingly high”…
As we all know, the coronavirus outbreak has shut down a substantial portion of the U.S.economy. Arizona State University Associate Professor of Economics Alexander Bick now has more timely and…
Thousands of dollars started arriving in Arizonans’ bank accounts this week as the first coronavirus relief payments from the massive coronavirus relief package began to be distributed in the form…
For the many struggling through our current crisis, help is on the way. The Internal Revenue Service said Saturday it sent out the first wave of stimulus payments to Americans.…
