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Phoenix led nation in inflation in 2022, but rise may slow in 2023
After a year in which the Valley saw the nation’s highest inflation rate for metro areas, experts say consumers can expect inflation to ease in 2023 – but warn that it’s not going away entirely.
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[...]
Lake dares NFL to ‘play chicken’ over 2023 Super Bowl location
Although Super Bowl LVII is just three months away, concern remains that the event could be affected if Kari Lake is elected governor. In a recent interview with KAZT-TV, the Republican nominee for governor declared her intentions to militarize Arizona’s border with Mexico – listed as one of the primary sources of fentanyl trafficking by the DEA in a 2020 report – upon her inauguration if sh[...]
Rising Halloween costs amid inflation make trick-or-treating less of a treat
The only thing scarier than ghosts, ghouls and goblins this Halloween may be the rising prices for candy, costumes and pumpkins. Candy is up 13% over last year, according to the Bureau of Labor Statistics, and pumpkins were also about 13% costlier in the Southwest by mid-October of this year compared to last, according to U.S. Department of Agriculture data.
Convergence of sporting events could make state betting capital
Arizona is gearing up for a sports year like no other, and odds are the state will become the sports betting capital of the world, at least for a few weeks.
