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economy

Dec 21, 2017

Jobless rate drops, signs abound of continued improvement

Overall, Arizona added 28,100 private sector jobs last month. That was enough to drop the state's seasonally adjusted jobless rate for November two-tenths of a point from October, to 4.3 percent.

Sep 26, 2017

Arizona poverty remains among highest in nation despite recent improvements

Despite posting a sharp decrease in its poverty rate over the last two years, Arizona continued to have some of the highest poverty in the nation in 2016, the latest Census numbers show.

Aug 9, 2017

Study: ‘Final Four’ championship generated $324 million economic impact

Arizona’s first “Final Four” college basketball championship generated more than $324 million in economic impact for the state, according to a new study. But the direct benefit in terms of money spent by visitors this past late March and early April is less, with the actual tax revenues generated just a fraction of even that.

Jun 5, 2017

Corp Comm to put tax-break pushed by indicted former member under scrutiny

In documents filed late Friday, Andy Tobin wants the current commission to tell affected companies to immediately start putting the additional money they're collecting from customers into an interest-bearing account. In the interim, he said regulators will review the policy change enacted at the behest of Gary Pierce.

May 10, 2017

Ducey signs tax breaks into law

Come next April, look to pay the state a little bit less in taxes, or get a little bit more back in refunds.

May 9, 2017

Arizona tribal casino gambling revenue up by 4.2 percent

The Arizona Department of Gaming says contributions to the state from tribal gambling revenue will be about $25 million for the quarter that ended on March 31.

Apr 20, 2017

Report shows more bartenders, waiters find work despite Prop. 206

Data from the state Office of Economic Opportunity shows that the number of people working in bars and restaurants last month not only increased but did so at a rate six times higher than the economy as a whole.

Mar 27, 2017

Downtown Tucson proving to be a model for redevelopment

Look back 20 back years ago, and the primary impression of downtown Tucson is an image of boarded-up buildings and homelessness. Today is a much different story.

Mar 27, 2017

Arizona housing industry flourishing again, but not where it was pre-recession

A decade after the Great Recession, metro Phoenix earned the title “Top Housing Market for 2017” from Realtor.com.

Mar 10, 2017

Arizona’s employment to grow slower in next two years compared to the last two

Even the Phoenix metro area, which consists of Maricopa and Pinal counties, which grows faster than most of the rest of the state, is seeing some cooling, with a projected 2.8 percent annual job growth. That’s down a tenth of a percentage point from the prior period.

Mar 8, 2017

Former Congressman Ron Paul champions gold and silver tax-break bill

Invoking claims of illegally printed paper money, the use of gold in the Bible and even foreign entanglements, former Congressman Ron Paul urged Arizona lawmakers Wednesday to let coin collectors and investors escape the state's capital gains tax.

Feb 9, 2017

Trump is 2nd president to tout unfinished Intel factory

President Donald Trump on Wednesday held up Intel's plan to invest more than $7 billion in an Arizona factory as a win for his economic agenda, but it's also a reminder that not all corporate commitments come to fruition.

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