Arizona suffers from a critical shortage of physicians that is compounded by the downturn in national and state economies and the subsequent loss of many jobs. Five years ago, the Legislature took steps to address these issues by supporting the expansion of the University of Arizona’s College of Medicine in downtown Phoenix.Read More »
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Just a few percentage points separate Mitt Romney and Rick Santorum in the polls for Arizona’s GOP presidential primary, but the two frontrunners did little to differentiate themselves on the issues nearest to Arizona Republicans’ hearts.Read More »
Outgoing Arizona Commerce Authority President and CEO Don Cardon will give back the $50,000 signing bonus he received last year.Read More »
Arizona's seasonally adjusted unemployment rate is holding at 8.7 percent despite the loss of 3,000 jobs in December.Read More »
Arizona’s metro areas are at least four years away from returning to pre-recession employment levels, according to a report issued Wednesday.Read More »
Gov. Jan Brewer has never had a legislative session like this.
After three years of fiscal crises and emergency budget fixes, Brewer went into the 2012 legislative session with a projected surplus. The biggest budget problem Brewer faces now is what to do with as much as $1.5 billion in extra revenue.
State revenues grew modestly in November even as signs of economic strains persist.Read More »
The good news is the prospects for Arizona’s economy remain strong.
The bad news is when compared to previous recoveries it will take quite a long time to get there.
Major economic indicators in Arizona point to a steady recovery, although some bumps remain.
Revenues in August grew by 8.6 percent, buoyed by strong showings in sales and individual income taxes.
Eight of the nine Republican senators who bucked their party and played a pivotal role in defeating a package of immigration bills last session have the backing of the business community going into next year’s election.Read More »