ASU professors: Arizona still 2 years away from full economic recovery

From left- Professors Lee McPheters, Dennis Hoffman, Michael Orr
From left- Professors Lee McPheters, Dennis Hoffman, Michael Orr

By Matthew Hendley | Phoenix New Times

It’s 2014 and some professors at Arizona State University say the state is still two years away from recovering from the economic crisis.

Professors from ASU’s W.P. Carey School of Business held their 2014 Annual Economic Outlook Luncheon, which included a discussion about Arizona’s slow recovery.

For example, the number of jobs lost in the national labor market during the recession essentially have been regained. In Arizona, only 56 percent of the jobs lost have been regained.

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