Here’s how Arizona economy is sailing into uncertain waters
As cross currents buffet the Arizona economy, it looks different depending on the lens used to view it. The labor market remains very tight, generating strong job gains, low unemployment…
As cross currents buffet the Arizona economy, it looks different depending on the lens used to view it. The labor market remains very tight, generating strong job gains, low unemployment…
Living with high inflation and a tumultuous economy requires a change of mindset, says Richard P. Rosen, associate professor of personal and family financial planning at the University of Arizona.…
As the U.S. economy slows, the question naturally arises: are we in a recession? The answer is more complicated than it appears for a number of reasons. First, the data…
The latest episode of the AZ Big Podcast with Michael & Amy has officially dropped. Episode 46’s guest is Todd Sanders, president and CEO of Greater Phoenix Chamber, who talks…
Pinal County, Arizona’s third largest by population, has experienced a manufacturing renaissance in recent years. Located between the state’s two biggest cities, the municipalities in Pinal County have become prime…
On June 10, 2022, the U.S. Bureau of Labor Statistics released a report showing that inflation hit 8.6% in May, representing the largest 12-month increase since December 1981 and far…
Metro Phoenix posted one of the nation’s highest inflation rates over the past year at 12.3%, compared to a national rate of 9.1% that was itself the sharpest rise in…
The Phoenix metropolitan statistical area (MSA) Consumer Prices Index for All Urban Consumers (CPIU) for all items rose 11.0% over the year in April, much faster than the U.S. So,…
As the U.S. economy faces decades-high inflation, soaring interest rates and continued supply chain and labor shortages, midsize business leaders across the country are increasingly cautious in their economic outlooks,…
Arizona’s economic recovery continues unevenly from the pandemic. Jobs in three out of the state’s seven metropolitan areas were below their pre-pandemic level in April. Further, jobs in six out…
Despite rising inflation and high gas prices, White House officials insisted this week that Arizona is sharing in the nation’s “robust” economic recovery, with low unemployment, and expanding wages in…
Persistent inflation, rising interest rates, and a slowdown of global economic growth are the primary contributing factors to updated expectations that full-year 2022 real GDP will grow at the reduced…