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ASU professor predicts ‘Obamacare’ repeal could send AZ into health care recession
First, the health care sector will cut jobs and reduce salaries, the study said. Health care companies will limit purchases from suppliers and halt new construction. And when people don’t work, they don’t spend as much and contribute to the economy.
American Southwest can become world’s fifth largest economic engine
During the past year the trend for a new Arizona-Sonora partnership has been set in motion by many players on both sides of the border including state and local governments, the private sector, academics, interests groups and advocates.
Clear economic sailing in 2016, but experts urge caution
As Arizona fully emerges from what has been a long and dark economic winter, economists warn of potential headwinds and the possibility of another recession this decade.
Remaking Arizona: Ducey’s free-market approach succeeds in year one
Gov. Doug Ducey took office with two severe problems requiring immediate attention: a massive budget deficit and a K-12 funding lawsuit that threatened to drop Arizona even further into the fiscal hole. He set out to find an early resolution to the first and ended his first year by mediating a solution to the second.
Big banks dominate lending market, but some find success with community banks
For many small businesses, it’s not the idea they struggle with, it’s getting the money to fund it.
State could have $650 million balance by fiscal 2017, FAC reports
Arizona is on track to collect revenues not seen since before the beginning of the Great Recession, according to a forecast by group of economists advising state policymakers.
Strengthen Arizona’s economy by raising college attainment rates
Arizona has a remarkable opportunity to make significant economic gains by increasing its college attainment rate, and the need to do so is pressing.
Mayor Stanton: Electronic vehicles, sustainability no longer ‘optional nicety’
Committing to preserving the environment, including supporting the use of electric vehicles, is no longer an “optional nicety” for cities, Mayor Greg Stanton said Friday.
Arizona two-year jobs forecast projects increases
State economists say Arizona is on a pace to add about 50,000 nonfarm jobs annually but that the rate of increase still trails the period before the Great Recession.
Credit rating lesson from Down Under
Despite Standard & Poor’s downgrade of the national credit rating, the federal government’s rating is still better than Arizona’s.
Moody’s analyst: Arizona at risk of slipping back into recession
Arizona is at risk of falling back into recession, according to a senior analyst from Moody's. The state is showing declines in consumer spending, said Chris Lafakis, an economist with the international financial research firm. But local economists disagreed with the assessment.
Arizona’s economy recovering – but still bad
Arizona's economy has been so bad for so long that economists now say conditions that would have been alarming in the past are now seen as good news.
