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Rebooting Main Street, the retention and liquidity game and other ways for Arizona (and Pinal County) to survive COVID-19

Posted by   /  April 3, 2020  /  By Mike Sunnucks, Coronavirus, Economy, Featured News  /  No Comments

By Mike Sunnucks | Rose Law Group Reporter The COVID-19 pandemic is putting economic development projects on temporary holds. But that does not mean businesses should not continuing moving forward with permits, government entitlements and the logistics of those projects so they are ready to go when the pandemic subsides and the economy reboots. That […]

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BLS: U.S. lost 701,000 jobs in March

Posted by   /  April 3, 2020  /  By Mike Sunnucks, Coronavirus, Economy, Government and Politics  /  No Comments

By Mike Sunnucks | Rose Law Group Reporter The U.S. economy lost 701,000 jobs in March with the Coronavirus shutting down large portions of the economy. The U.S. hospitality industry (which is important in Arizona as well as Nevada and other states) lost 459,000 jobs related to tourism, travel and restaurants, according to the U.S. […]

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Current pandemic is a ‘black swan’ for economic forecasters

Posted by   /  April 3, 2020  /  Coronavirus, Economy, Real Estate  /  No Comments

AZBigMedia Every year, Lee McPheters describes the pulse of the economy — which has shown a steady uptick over the past several years for Arizona. McPheters shares his analysis in his role as Research Professor of Economics in the W. P. Carey School of Business at Arizona State University and director of the school’s JPMorgan Chase Economic Outlook Center. So how do […]

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How home building can lead a recovery

Posted by   /  April 3, 2020  /  Coronavirus, Economy, Real Estate  /  No Comments

By Paul Emrath | Eye On Housing As the U.S. economy struggles under the burden of the coronavirus pandemic, economists are discussing how a recovery might unfold once social distancing and other measures begin to succeed. A recent NAHB article illustrates the role home building can play in a recovery by generating jobs. The article […]

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Lucid Motors releases video showing off its luxury electric sedan to be made in AZ

Posted by   /  April 3, 2020  /  Economy, Transportation  /  No Comments

By Phoenix Business Journal Staff Even though Lucid Motors Inc. has delayed the debut of its luxury electric sedan called Air, the company is still showing it off and taking reservations. The Newark-California-based company headed by former Tesla Inc. chief engineer Peter Rawlinson released a video Thursday showing a team take a beta prototype Lucid Air — the company’s […]

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Q&A with Pinal County Economic Development Director Tim Kanavel [VIDEO]

Posted by   /  April 3, 2020  /  Economy  /  No Comments

InMaricopa.com | Raquel Hendrickson READ ON:

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Small businesses have ‘a million questions’ about paycheck relief loan — and ‘we’ve been answering them,’ says RLG Founder and President Jordan Rose.

Posted by   /  April 3, 2020  /  Coronavirus, Coronavirus Task Force, Economy, Featured News  /  No Comments

Reinventing the Power Business- An Actionable Roadmap for Utility Self-Disruption /Photo Credit/ Shutterstock.com By Ari Levy | CNBC Jourdain Degarmo had to lay off all seven employees from his doggie day care in San Francisco last month after California’s shelter-in-place order required nonessential workers to stay home. Degarmo has continued paying salaries with his cash on hand […]

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See how many jobs COVID-19 could impact across the U.S. and in Arizona.

Posted by   /  April 2, 2020  /  By Mike Sunnucks, Coronavirus, Coronavirus Task Force, Economy  /  No Comments

By Mike Sunnucks | Rose Law Group Reporter Arizona could see as many as 396,000 jobs impacted by the Coronavirus and the state’s unemployment rate is projected to go up to 15.4 percent by July with the pandemic bringing much of the economy to a halt. Job losses, layoff and furloughs could total as many […]

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What’s in store for Phoenix home prices?

Posted by   /  April 2, 2020  /  Coronavirus, Economy, Real Estate  /  No Comments

Home prices

Twitter By Angela Gonzales | Phoenix Business Journal Before COVID-19 hit, the housing market in metro Phoenix showed the highest year-over-year price increases in the nation, but now local analysts expect housing demand to rapidly decline by as much as 80%. For the month of January, metro Phoenix reported year-over-year price increases of 6.9% — […]

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Banks warn of chaotic launch of small business lending program; RLG corporate attorney Shruti Gurudanti poses critical questions

Posted by   /  April 2, 2020  /  Coronavirus, Economy, Featured News  /  No Comments

By Zachary Warmbrodt | Politico Banks are warning that a $350 billion lending program for struggling small businesses won’t be ready when it launches Friday because the Trump administration has failed to provide them with the necessary guidelines and set requirements for the loans that are unworkable. The lenders complain that Treasury Secretary Steven Mnuchin […]

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