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State revenues drop slightly in August (access required)

State revenue collections are slightly off in August, the state’s budget analysts reported today. The Joint Legislative Budget Committee said revenues dropped by $3.3 million compared to the same time last year. It’s only the second time since July last year that monthly revenues have declined.

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Arizona unemployment rate remains at 8.7 percent

Arizona's seasonally adjusted unemployment rate remained at 8.7 percent in February as most sectors of the economy added jobs amid gradual improvement in the state's economy. State Department of Administration economists say seven of the 11 major sectors gained jobs, three lost jobs and one was flat.

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