Apr 25, 2024 | Featured Home, Featured Research, Housing & Our Community
Historically, Arizona – and its greater Phoenix metro area – has had a relatively affordable housing market. Recently, though, housing costs in the Phoenix area rose faster than any other major metro area in the country during the pandemic.
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 10, 2024 | 2024 Research, Education, Featured Research
FULL REPORT Authors: Glenn Farley Introduction For over a year, Arizona’s Empowerment Scholarship Account (ESA) program has been open to any school-aged Arizona resident under its universal eligibility category. During that time, program enrollment has grown from...
Apr 2, 2024 | Featured Research, Recent Research, Research, State Budget
A thriving economy depends in part on an efficient government that operates at sustainable levels. One measure of efficiency: given the powers and duties reserved to and assumed by a government, how much does it take from the broader economy to accomplish them?
Mar 22, 2024 | 2024 Research, Featured Research, Job Reports, Research
Job growth was slow in February, with the Grand Canyon state posting a gain of just 2,200 jobs (+0.07%), but on a lagging year-over-year basis, growth remains stronger at 2.1%.
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.