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 5, 2022 | 2022 Research, Ballot Issues, Featured Research, Healthcare, Research
CSI analyzes Proposition 209, called the ‘Predatory Debt Collection Protection Act’, intends to protect Arizonans from high interest rates and predatory collection on medical debt.
Oct 5, 2022 | 2022 Research, Ballot Issues, Featured Research, Housing & Our Community, Research
CSI analyzes Proposition 310 which proposes to supplement this local revenue with support from a statewide 0.1% general sales tax, raising $189.9 million in 2023.
Sep 29, 2022 | 2022 Research, Featured Research, Jobs & Our Economy, Research, Taxes & Fees
In April, the Common Sense Institute (CSI) released its economic simulation of the long-run impacts of moving from an 8.00% progressive income tax structure to a 2.50% flat income tax in Arizona. That analysis found the state would have 58,800 more workers and add $11.9 billion to its economy by 2032 due to this change.
Sep 16, 2022 | 2022 Research, Job Reports, Jobs & Our Economy
Arizona added 4.2 thousand nonfarm jobs in August (+0.1%) – a slowdown in the increase we have seen earlier this year – and the Unemployment Rate rose to 3.5% (+0.2%).
