Sep 29, 2022 | 2022 Research, Featured Research, Jobs & Our Economy, Research
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, Featured Home, 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%).
Sep 13, 2022 | 2022 Research, Featured Home, Featured Research, Jobs & Our Economy, Research
Consumer prices in the United States continued their record ascent in August, rising 8.7% over the last 12 months and 0.1% over July. More distressingly, core inflation sharply accelerated to 0.6% (from 0.3% in July).
Aug 19, 2022 | 2022 Research, Featured Research, Jobs & Our Economy, Research
On a year-over-year basis job growth remained at 3.5% in July (down from 6.7% at this time last year), and Arizona had the 6th fastest job growth in the country.
Jul 22, 2022 | 2022 Research, Featured Research, Jobs & Our Economy, Research
Arizona added 15,000 nonfarm jobs in May (+0.49%) and the Unemployment Rate increased to 3.3% (+0.1%) – and though this is the largest monthly job increase in six months, the job market continues to show signs of softening as general national economic conditions deteriorate.
Jul 13, 2022 | 2022 Research, Featured Home, Featured Research, Jobs & Our Economy, Recent Research, Research
Consumer prices in the United States continued their record ascent in June, rising 9.1% over the last 12 months – the highest rates in 41 years. At 12.3%, price inflation in the Phoenix metropolitan area remains both well above the national average and at the highest levels ever recorded for the city.
