Dec 8, 2022 | 2022 Research, Featured Research, Recent Research, Research
Key Indicators of Arizona’s Free Enterprise Climate The free enterprise system is the foundation of the Arizona economy and the Arizona way of life. When common sense policies govern our markets, people flourish and opportunity abounds. Competition and...
Dec 7, 2022 | Featured Research, Housing & Our Community, Recent Research, Uncategorized
Simply put, Arizona has a housing crisis and needs more housing. Resolving it will require more than just tinkering around the edges of public policy. Thoughtful, bold, and swift action is required.
Nov 18, 2022 | 2022 Research, Featured Research, Job Reports, Jobs & Our Economy, Recent Research, Uncategorized
Arizona added 7,300 nonfarm jobs in October (+0.24%) – a slowdown in the increase we have seen earlier this year – and the Unemployment Rate rose to 3.9% (+0.2%).
Nov 10, 2022 | 2022 Research, Featured Research, Inflation Reports, Jobs & Our Economy, Recent Research, Research, Uncategorized
Of the 23 urban consumer price indices tracked by the BLS, the Phoenix metro area again had the highest rate of inflation in October, due mostly to pressures from shelter costs.
Oct 31, 2022 | 2022 Research, Housing & Our Community, Recent Research, Research
The U.S. and Arizona housing markets are in the midst of a sharp correction – the first since the Great Recession. Prices peaked in June and have fallen over 3% through September. Ongoing rising interest rate pressures, a collapse in buyer interest, and lags in the construction and permit approval cycle will likely put continued downward pressure on prices over the next 6-12 months.
Oct 21, 2022 | Featured Research, Job Reports, Jobs & Our Economy, Recent Research
Arizona added 3,700 nonfarm jobs in September (+0.12%) – a slowdown in the increase we have seen earlier this year – and the Unemployment Rate rose to 3.7% (+0.2%).