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Arizona near bottom in U.S. for salary growth since 2008

Posted by   /  October 22, 2019  /  Economy  /  No Comments

Wages in Arizona outpaced inflation by about 5.3%. By Jim Small | Arizona Mirror           In the last decade, Arizona ranks near the bottom of states for salary growth, even as it has been among the national leaders in terms of overall job growth.  The state added some 243,000 jobs between 2008 and 2018, according to […]

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ASU president says state lacks innovation, has ‘big issues’

Posted by   /  October 21, 2019  /  Economy  /  No Comments

ASU President Michael Crow address business leaders at Chandler-Gilbert Community College./ Pablo Robles/Tribune  By Kevin Reagan | East Valley Tribune  Arizona State University President Michael Crow warned Chandler community leaders they need to hold themselves accountable for how unprepared the state’s workforce is for the future. “We have big issues in Arizona,” Crow said at […]

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[REGIONAL NEWS Nevada builds itself to a number 1 position

Posted by   /  October 19, 2019  /  Economy, Regional News  /  No Comments

Construction of Raiders Stadium in Las Vegas By Steve Wolford | 3News Las Vegas With an estimated $23 billion worth of construction jobs underway in the valley right now, including the Raiders Stadium, Convention Center expansion, and Resorts World, Southern Nevada’s construction industry is helping to drive Nevada’s employment numbers to the top spot in the […]

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Arizona sees historically healthy private sector job gains

Posted by   /  October 18, 2019  /  By Mike Sunnucks, Economy  /  No Comments

By Mike Sunnucks | Rose Law Group Reporter Private sector employers added 9,800 jobs in Arizona in September. That is more than double the average private-sector job gains for September the past ten years (4,300 jobs), according to new state jobs data released Thursday. Business services added 3,600 of those new private-sector jobs while construction […]

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Coal No More: As Navajo Generating Station coal plant closes, Page hopes growing tourism industry will steady economy

Posted by   /  October 17, 2019  /  Economy, Energy and Environment, Featured News  /  No Comments

By Ryan Randazzo, | Arizona Republic Page was built in one of the most remote corners of the West to support the construction of Glen Canyon Dam.  When the dam was completed in 1966 and the workers moved on, it left little in the way of an economy for Page until construction began on the […]

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Pollack: Path of volatility

Posted by   /  October 16, 2019  /  Economy  /  No Comments

Pollack

ELLIOTT D. POLLACK & Company FOR IMMEDIATE RELEASE October 15, 2019 The Monday Morning Quarterback  A quick analysis of important economic data released over the last week The economy continues its path of volatility, simultaneously experiencing both good and bad news. But, despite ongoing fears of a recession on the horizon fueled by trade disputes, […]

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Economists: Phoenix more prepared to weather economic slowdown than a decade ago

Posted by   /  October 14, 2019  /  Economy  /  No Comments

Elliott D. Pollack By Corina Vanek | Phoenix Business Journal If there is an impending recession, it’s likely to be short and shallow, economists studying the Arizona and U.S. economy said Thursday, forecasting that any upcoming market correction would be nothing like the market experienced during 2007 and 2008. At the Economic Outlook 2020 event on […]

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Arizona has tons of moolah

Posted by   /  October 10, 2019  /  Economy  /  No Comments

New reports Thursday from the staff of the Joint Legislative Budget Committee show that revenues in the fiscal year that ended June 30 were 10 percent above predictions. By Howard Fischer | Capitol Media Services  via Arizona Capitol Times State government is likely to have lots of extra money to spend in future years – if […]

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DiCiccio takes aim at plan to raise fees on Lyft, Uber rides a Sky Harbor

Posted by   /  October 8, 2019  /  By Mike Sunnucks, Economy, Government and Politics  /  No Comments

Sal DiCiccio. / City of Phoenix. By Mike Sunnucks | Rose Law Group Reporter Phoenix City Councilman Sal DiCiccio is taking aim at a proposal to raise fees on Lyft and Uber ride at Phoenix Sky Harbor International Airport. The Phoenix City Council is looking at a proposal to incrementally raise ride share fees for […]

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Pollack: A whipsaw week

Posted by   /  October 8, 2019  /  Economy  /  No Comments

Pollack

ELLIOTT D. POLLACK & Company FOR IMMEDIATE RELEASE October 7, 2019 The Monday Morning Quarterback  A quick analysis of important economic data released over the last week It was a whipsaw week. Early in the week, the ISM manufacturing index had the lowest reading since June 2009 and contracted for the second straight month. That’s […]

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