By Russ Wiles | The Republic
Arizona made progress over the past year and achieved its best overall ranking in an annual national study of household financial wellness conducted by the progressive Prosperity Now organization.
But economic improvement at the national level isn’t broadly shared by lower-income Arizonans, and the report puts the state among the bottom third nationally, at 36th among the states.
Among the good news: Arizona’s unemployment rate is at an 11-year low, the poverty rate has decreased slightly and the housing market is solid, with some of the nation’s lowest rates of foreclosures and delinquent mortgages.
