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Competitiveness package goes into effect Thursday
The Arizona Competitiveness Package goes into effect June 30, and while the business tax cuts that formed its foundation won’t start phasing in until 2014, several provisions will take root immediately.
Arizona unemployment rate drops again
For the second consecutive month, Arizona’s unemployment rate has dropped, according to figures released today by the Office of Employment and Population Statistics
Bumpy road ahead for ‘second jobs bill’
After two hours of discussion among Gov. Jan Brewer and members of the Arizona Commerce Authority on how to boost economic development in Arizona, Rep. Tom Forese delivered a surprisingly candid admonition of the governor.
Commerce Authority going global, field offices in China, Europe, Mexico and Canada targeted
Anyone who’s wondering how serious the Arizona Commerce Authority is about its proactive approach to recruiting new businesses need only look at President/CEO Don Cardon’s recent travel plans.
Just two days before the new public-private economic development agency held its final board meeting before the July 1 transition away from the Arizona Department of Commerce, Cardon returned [...]
Economist: Arizona will add 300,000 jobs by 2015
Good news: economists are predicting an economic boost in Arizona. Bad news: real recovery isn't on the horizon until 2015.
Fuel, commodity prices lead to higher Arizona food prices
Higher fuel and commodity prices mean a 5 percent increase in Arizona food prices according to an agriculture trade group.
Revised data show recession hit AZ harder than previous estimates
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.
Commerce Authority board says transparency, integrity are high priorities
Members of the Arizona Commerce Authority pledged that the state’s new quasi-private economic development agency take a zero-tolerance approach to backroom deals and cronyism as it gives out millions of dollars in incentives to the businesses it hopes to attract.
Valley economists call jobs bill a ‘good start’
A month after Arizona enacted a series of corporate tax cuts aimed at stimulating job growth and turning around the state’s struggling economy, Arizona economists are mixed in their assessment of the law.
Arizona unemployment up, matches national trend
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.
Jobs bill not the end of economic incentives in 2011
The ink is barely dry on Arizona Competitiveness Package, but business groups and Republican lawmakers have at least one more batch of economic incentives they hope to push through the Legislature this session.
Commerce Authority: State pays, but has little say
When the Arizona Department of Commerce becomes the Arizona Commerce Authority, the quasi-private agency will be free of much of the oversight and regulations that accompany being a fully public part of state government.
