Feb 8, 2024 | 2024 Research, Featured Home, Featured Research, Research, State Budget
During the 2024 legislative session, it is vital for citizens to be aware of the history of spending across the entire budget –the General Fund ($18 billion), and the approximately 1,200 Other Funds that spend another $47 billion.
Jan 22, 2024 | 2024 Research, Education, Featured Research
FULL REPORT Authors: Glenn Farley and Whitney Marsh Executive Summary The Arizona Empowerment Scholarship Account (ESA) program is a state-funded initiative that allows eligible students to receive public funding in the form of an education savings account, which can...
Jan 11, 2024 | 2024 Research, Featured Home, Featured Research, Inflation Reports, Research
After running higher than the nation since August 2021, the Phoenix metro area – for the third period in a row – has a lower inflation rate than the U.S.
Jan 8, 2024 | 2024 Research, Featured Home, Research, State Budget
The imminent expiration of Prop 123 would simultaneously strain the General Fund and risk K-12 education funding. Renewing Prop. 123 without new commitments would have the most beneficial impact on the states projected budget deficit.
Jan 5, 2024 | 2024 Research, Featured Home, Research, State Budget
FULL REPORT Author: Glenn Farley Introduction Over the past decade Arizona’s population and economy have grown rapidly, but more recent data suggests this pace is slowing. Today the state is facing the end of its fastest period of revenue and spending growth ever –...
Dec 22, 2023 | 2023 Research, Featured Research, Job Reports, Research
Arizona gained 11,500 nonfarm jobs in November (+0.36%) – the 7th-fastest month-over-month employment growth rate among all states.