Apr 19, 2024 | 2024 Research, Featured Home, Featured Research, Job Reports
Arizona gained 8,700 nonfarm jobs in March (+0.27%) – putting Arizona near the middle of the pack with the 19th fastest month-over-month gain.
Apr 4, 2024 | 2024 Research, Featured Home, Jobs & Our Economy, Research
This year the Men’s Final Four is hosted in Phoenix for the second time. When the Men’s Final Four Championship games were last hosted in Phoenix (2017), it was the second highest-attended Final Four game (with 77,612 average nightly attendees).
Mar 19, 2024 | 2024 Research, Featured Home, Featured Research, Housing & Our Community, Research
At 102.15 (-3.5% since October 2023), the homebuyers ‘Misery Index’ remains at all-high time highs – despite falling about 10% last year, the Index is being held aloft by persistently high prices. For context, the long-run average of the Index is set to zero, and it peaked at 54.05 prior to the Great Recession.
Mar 12, 2024 | 2024 Research, Featured Home, Featured Research, Inflation Reports, Research
Inflation as measured by the Consumer Price Index (CPI) for the Phoenix metro area continued its decline in February, falling from a rate of 2.7% year-over-year in December to 2.2% in February – the lowest inflation rate since February of 2021.
Mar 11, 2024 | 2024 Research, Featured Home, Job Reports, Research
Arizona gained 10,900 nonfarm jobs in January (+0.34%) – the 10th-fastest month-over-month employment growth rate among all states.
Feb 15, 2024 | Featured Home, Featured Research, Jobs & Our Economy
While on average, consumer prices have risen 92% since the turn of this century, the prices of six goods have more than doubled – gasoline (+260%), home prices (+214%), rent (+167%), medical care (+154%), college tuition (+119%), and food away from home (+114%).