Nov 18, 2022

Arizona expected to add over 100,000 jobs, but home prices limiting growth

Arizona will have added more than 100,000 jobs by the end of the year, with 86,000 of them in metro Phoenix, economist Dennis L. Hoffman said at Wednesday’s 59th annual ASU/PNC Bank Economic Forecast Luncheon. Arizona continues to have a pro-growth economic setting with a competitive tax structure, but declining housing affordability, as well as inflation and interest rate hikes threaten to slow[...]