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 »
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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.
Mirroring a national trend, the economic downturn is prompting Arizonans to put off having children, according to a report released Wednesday by the Pew Research Center.Read More »
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 »
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 »
A state economic projection for the next two years is favorable but tempered by continued weaknesses in construction, as Arizona makes a gradual pullout from the recession.Read More »
Revised unemployment data indicate that the national recession hit Arizona’s job market far harder than previously believed, and the sputtering job growth continues to dampen reports of positive growth in other sectors of the economy.Read More »
Phoenix estimates a general fund deficit of $59 million for the 2011-12 fiscal year, which begins July 1.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 »