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Despite so-so tax climate, Arizona lures business relocations and expansions

Posted by   /  October 3, 2018  /  Economy  /  No Comments

By Russ Wiles | Arizona Republic Arizona has attracted a steady stream of company relocations and expansions this year despite a tax climate ranked as only 27th-best in the nation. The Tax Foundation, in a Sept. 26 report, placed Arizona slightly below average in its latest assessment of five key categories. Arizona enjoys favorable rankings […]

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Pollack: Boom phase

Posted by   /  October 2, 2018  /  Economy  /  No Comments

Pollack

ELLIOTT D. POLLACK & Company FOR IMMEDIATE RELEASE October 1st, 2018 The Monday Morning Quarterback A quick analysis of important economic data released over the last week With the economy now growing more rapidly than it has in years and labor cost pressures starting to become evident, the Fed is trying to get ahead of […]

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Arizona economic groups cheer new trade deal between U.S., Mexico and Canada

Posted by   /  October 2, 2018  /  Economy  /  No Comments

  By Jennifer Magana and Abdel Jimenez | Cronkite News Canada on Sunday agreed to join the United States and Mexico in the trade deal that will replace the North American Free Trade Agreement. Glenn Hamer, president and CEO of the Arizona Chamber of Commerce & Industry, said on Twitter that the treaty will enhance […]

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Arizona Realtors behind Prop 126 to ban future taxes

Posted by   /  September 30, 2018  /  2018 Elections, Economy  /  No Comments

By Howard Fischer | Capitol Media Services via PinalCentral To hear the proponents of Proposition 126 tell it, Arizona lawmakers are chomping at the bit to tax medical services, child care and even veterinary bills. Never mind that lawmakers already can do that now — and have not. But the sponsors, financed by Arizona Realtors […]

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Israeli drone company opens North American headquarters in Scottsdale, will bring 80 jobs

Posted by   /  September 25, 2018  /  Economy, Real Estate  /  No Comments

Disclosure: Rose Law Group represents Airobotics By Lorraine Longhi | Arizona Republic Airobotics, an Israeli automated drone company, announced Tuesday it will open its North American headquarters at 8340 E. Raintree Drive in Scottsdale. The company, which also has offices in Australia, Chile and New Caledonia, plans to create 80 jobs in Scottsdale by the end of 2019. […]

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36 hours in Tucson

Posted by   /  September 24, 2018  /  Economy  /  No Comments

Foodies, cyclists and the aesthetically inclined will find much to like in this desert city, home to a new bike-share system, adobe architecture and restaurants that reflect a mix of cultural influences. By Elaine Gluesac | The New York Times As Austin is to Texas, Tucson is to Arizona. In this outspoken university town, artists, intellectuals and […]

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Plot twist: Amazon’s future may soon be tied to brick & mortar

Posted by   /  September 24, 2018  /  Economy  /  No Comments

  By Steve Dennis | Forbes It’s hard to underestimate the success and increasing power of Amazon. Their market cap hovers just under $1 trillion. Their growth rates have been astounding. By most estimates Amazon now accounts for nearly 50% of all US e-commerce revenues, roughly 5% of all retail and is significantly bigger than their next 10 […]

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Movie screen maker moving to Pinal

Posted by   /  September 24, 2018  /  Economy  /  No Comments

By Heather Smathers | Pinal Central A family-owned movie screen manufacturing company is relocating to Pinal County. Severtson Screens, which currently is in Mesa, has selected a location in San Tan Valley for its manufacturing business, said Pinal County Economic Development Manager Tim Kanavel. “This is great notoriety for Pinal County,” Kanavel said. The big […]

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S&P says Arizona unprepared for another recession

Posted by   /  September 21, 2018  /  Economy  /  No Comments

  By Laila Kearney | Reuters While U.S. states’ financial health has strengthened in 2018 compared with last year, fewer than half have enough financial reserves to weather the first year of a moderate recession, according to an S&P Global Ratings report on Monday. Only 20 states have the reserves needed to operate for the […]

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Pollack: Phoenix single-family permitting remains strong

Posted by   /  September 18, 2018  /  Economy  /  No Comments

Pollack

ELLIOTT D. POLLACK & Company FOR IMMEDIATE RELEASE September 17th, 2018 The Monday Morning Quarterback A quick analysis of important economic data released over the last week Although the media continues to have a field day writing about the “trade war” that is potentially facing us, the reality of the impact is expected to be […]

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