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…
Shortly after homesteaders (including the notable Charles Trumbull Hayden) established what is now Tempe, the community quickly became known as the trade center for the south side of the Salt River Valley. And ever since, Tempe continues to prevail as…
The Arizona economy is strong, but it’s battling inflation and high home prices, said a panel of Arizona State University economists and a real estate expert Wednesday afternoon. The discussion…
Arizona climbed the rankings of yet another economic survey this week, placing in the top 4 in Chief Executive Magazine’s list of “Best States For Business.” Arizona rose six spots from 2021 based…
Arizona added 11,700 jobs over the month in February, nearly double the average pace during the five years before the pandemic began. Arizona added 11,700 seasonally-adjusted nonfarm payroll jobs over…
WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year, and faces threats from high inflation and rising interest rates, yet economists foresee a return to growth for…
NEW YORK — Stocks rose broadly in afternoon trading on Wall Street Tuesday as technology stocks rallied following a weak start. The S&P 500 rose 1.3% as of 1:19 p.m.…
Arizona’s jobs are once again breaking new ground, after regaining their pre-pandemic peak in November 2021. In addition, the state unemployment plunged during the second half of the year, as…
