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Pollack: Slow week for economic news

Posted by   /  October 17, 2017  /  Economy, Real Estate  /  No Comments

ELLIOTT D. POLLACK  & Company FOR IMMEDIATE RELEASE October 16th, 2017 The Monday Morning Quarterback A quick analysis of important economic data released over the last week It was a slow week for economic news.  Consumer confidence increased.   Retail sales were satisfactory.  Mortgage rates crept up a little.  And, locally, the housing market continued to modestly […]

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Bidding war: Amazon HQ search puts cities in frenzy

Posted by   /  October 17, 2017  /  Economy  /  No Comments

By Russ Wiles | The Republic Amazon’s very public search for a second headquarters has set off a scramble among civic, business and political leaders around the country as they attempt to lure one of the biggest-ever corporate expansions. The highly publicized contest, which closes Thursday, has stoked urban pride as well as urban insecurities, […]

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Phoenix is transforming from a call center hub to a tech hotbed

Posted by   /  October 11, 2017  /  Economy  /  No Comments

By Chris Camacho | VB For decades, large corporations looked to metro Phoenix to place back offices and call centers. While some might view this with a negative connotation, these expansions actually signaled focused attention on a market with labor availability, low regulation, and a pro-business climate. The outcome? The presence of leading companies such […]

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Pollack: Economy continues to move forward

Posted by   /  October 11, 2017  /  Economy  /  No Comments

ELLIOTT D. POLLACK & Company FOR IMMEDIATE RELEASE October 10th, 2017 The Monday Morning Quarterback A quick analysis of important economic data released over the last week The impact of Hurricanes Irma and Harvey, as we discussed a couple of weeks ago, is showing up in the September data.  It will continue to affect economic […]

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SPECIAL REPORT: Trade schools look to attract young workers

Posted by   /  October 5, 2017  /  Economy  /  No Comments

Young Americans’ reluctance to work in construction is fueling the industry’s labor problems. By Robyn Griggs Lawrence | Builder The Colorado Home Building Academy in Denver relies on industry support to help recruit and retain students. Five years ago, Jennifer Johnson, founder and CEO of the Construction Trade School in Dallas, started to talk to […]

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Ahwatukee scores well in study of nation’s prosperity

Posted by   /  October 5, 2017  /  Economy  /  No Comments

By Wayne Schutsky | Ahwatukee Foothills News Like the East Valley, Ahwatukee is teeming with prosperity, according to a recent economic analysis of ZIP codes across the country – though that affluence is not evenly distributed throughout the region. The Economic Innovation Group, a bipartisan public policy organization, recently released “The 2017 Distressed Communities Index,” […]

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Pollack: Tax plan long overdue, but not perfect

Posted by   /  October 3, 2017  /  Economy  /  No Comments

ELLIOTT D. POLLACK & Company FOR IMMEDIATE RELEASE October 2nd, 2017 The Monday Morning Quarterback A quick analysis of important economic data released over the last week The economic data this week was paired with the announcement of the proposed Trump tax policy changes.  I won’t go into great detail here on what was proposed […]

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Phoenix, Tucson in U.S. News retirement rankings

Posted by   /  October 3, 2017  /  Economy  /  No Comments

Survey takes housing costs, medical care and happiness into account. See where Phoenix and Tucson rank. Builder U.S. News & World Report on Monday unveiled the 2018 Best Places to Retire in the United States; at No. 1 on the list is Sarasota, Fla. The new rankings offer a comprehensive evaluation of the country’s 100 largest metropolitan areas based […]

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Construction unemployment improves in 35 states

Posted by   /  October 2, 2017  /  Economy, Real Estate  /  No Comments

AZBEX Courtesy of Associated Builders and Contractors The not seasonally adjusted national construction unemployment rate was 4.7 percent in August, down 0.4 percent from a year ago and the lowest August rate on record, the U.S. Bureau of Labor Statistics reported. Unemployment rates were also down in 35 states on a year-over-year basis, according to an analysis today by Associated Builders and […]

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Goldwater Institute argues cost of living should be factored into policymaking

Posted by   /  October 2, 2017  /  Economy, Government and Politics  /  No Comments

Arizona Daily Independent Most people would probably say that with its purportedly higher incomes and higher minimum wage, California is a more prosperous state than, say, Mississippi. But as a new paper out today from the Goldwater Institute explains, our understanding of which states truly have the rosiest financial picture is greatly skewed—since the federal […]

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