Slumping housing prices and the prevelance of service-industry jobs contributed to Phoenix and Tucson trailing the rest of the Intermountain West in economic recovery during the second quarter, according to a Brookings Institution report.Read More »
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For a state that has been grappling with a multibillion-dollar deficit for four years, news of a potential revenue surplus is like a few drops of rain after a long drought.Read More »
In the week following a string of Washington and Wall Street theatrics, experts are saying that Arizona’s recovery will be slowed as consumer and investor confidence dwindles.Read More »
Well, that didn’t take long. The state hadn’t even closed its books on the outgoing fiscal year, and already there were some in the Legislature clamoring for us to spend money we don’t have.Read More »
California’s loss could be Arizona’s gain, if some legislators have any say about it.
With the outcry from some businesses about the Golden State’s newly-passed “nexus tax” on some online retailers, Rep. Tom Forese, R-Gilbert, has proposed that Arizona take advantage of the discontent and try to recruit the angry businesses to Arizona, which has no such tax.
Weakness in government employment and several private sectors of the economy is pushing Arizona's unemployment rate upward.Read More »
Western states hit hardest by the housing crisis are feeling the greatest economic stress two years after the recession ended, according to The Associated Press's monthly analysis.Read More »
Good news: economists are predicting an economic boost in Arizona. Bad news: real recovery isn't on the horizon until 2015.Read More »
The unemployment rate in Arizona rose to 10 percent in January, up from 9.2 percent in December. The new figures, released Friday, match the national upward trend.Read More »
A trade group says Arizona has lost 53 percent of its construction jobs since 2007, with the Phoenix area losing the most total jobs but Mohave County losing the highest percentage.Read More »