Fronteras - How Arizona went from a projected budget surplus to a $400M shortfall Arizona is bringing in less money than forecast, and legislative budget analysts are now predicting the state will end the current fiscal year with a $400 million shortfall. That’s...
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What a government shutdown could mean for Arizona’s economy
Fronteras - What a government shutdown could mean for Arizona's economy Lawmakers in Washington are barreling toward a federal shutdown Wednesday morning as competing plans in the House and the Senate are moving forward simultaneously. If they can’t come to an...
Collaboration, innovation and dedication keys to keeping Arizona’s workforce strong
AZ Capitol Times: Collaboration, innovation and dedication keys to keeping Arizona’s workforce strong The changing dynamics of Arizona’s workforce made headlines earlier this summer after the Greater Phoenix Chamber Foundation’s 2023 State of the Workforce Report...
My View: How collaboration, innovation, dedication can keep Arizona’s workforce strong
Phoenix Business Journal - My View: How collaboration, innovation, dedication can keep Arizona’s workforce strong In this guest column, Valley execs Jennifer Mellor and Jim Rounds examine how the shift by Arizona lawmakers, the business community and economic...
A look at the Inflation Reduction Act one year later
ABC 15 - A look at the Inflation Reduction Act one year later One year ago, President Joe Biden signed the Inflation Reduction Act into law. What, if anything, has the law accomplished? Foremost, the Inflation Reduction Act is terribly named. Most economists, and even...
Economist: AZ economy is better than growth numbers show, and we’ll be OK if recession hits
KJZZ - Economist: AZ economy is better than growth numbers show, and we'll be OK if recession hits There are signs of optimism in the U.S. economy. The New York Times reported last week that inflation is down, wages are up and job growth is where many economists would...
U.S. Extends Job Growth Streak Even as Economy Cools
The New York Times - U.S. Extends Job Growth Streak Even as Economy Cools Employers added 187,000 workers in July, a slower pace than the recent norm, but “more sustainable,” one economist said. The U.S. economy continued to generate sturdy employment growth in July,...
TSMC delays start of Phoenix chip factory production, citing skilled worker shortage
KTAR News - TSMC delays start of Phoenix chip factory production, citing skilled worker shortage The Taiwan Semiconductor Manufacturing Company is delaying the start of production at its massive plant under construction in Phoenix, spotlighting Arizona’s shortage of...
Phoenix inflation at lowest level in 18 months, but still outpacing US rate
KTAR News - Phoenix inflation at lowest level in 18 months, but still outpacing US rate The annual inflation rate in metro Phoenix slowed to its lowest level in 18 months, but local inflation remains far ahead of the national rate, according to a federal report...
No progress on debt ceiling after White House meeting as U.S. inches closer to default
Arizona PBS - No progress on debt ceiling after White House meeting as U.S. inches closer to default Representatives of President Joe Biden and congressional Republicans ended another round of debt ceiling talks on Tuesday with no signs of progress as the deadline to...