KTAR News - Valley Inflation Continues to Lead US at 11%, Economists Point to Housing Inflation nationally slowed in April but remains in double figures in metro Phoenix, according to the Bureau of Labor Statistics and two local economists say it’s no mystery why. The...
ABC 15 - Carvana Lays off 12% of Workforce, Many Over Zoom Carvana announced it will be laying off 2,500 employees, a full 12% of the company’s workforce. Many of the employees learned they were being laid off during a Zoom meeting Tuesday. An internal email obtained...
KTAR News - What do the new rate hikes mean for Arizonans? Jim Rounds, Valley Economist with Rounds Consulting talks with talks with the Gaydos and Chad Show. LISTEN HERE
KTAR News - Today's Dip in GDP Doesn't Necessarily Point to an Imminent Recession Jim Rounds says today's dip in GDP doesn't necessarily point to an imminent recession, but there could be one coming in the coming years. LISTEN HERE
AZ Chamber Business News - Report Finds that Arizona Needs to Increase Postsecondary Educational Attainment to Keep Pace Economically A new report finds that Arizona would reap economic benefits of nearly $5 billion in additional state and local tax revenues over 10...
AZ Public Media - Arizona Has a Surplus. How Will Lawmakers Spend it? House Republican leaders this week put forward a so-called “skinny budget” — basically, proposing to keep last year’s budget in place with adjustments for inflation and population growth. While sold...
KJZZ News - As Inflation Continues, This Economist Says the Looming Recession will be Milder for Arizona While gas prices may be coming down slightly, inflation is still very much on all of our minds as we watch prices on everything from milk to cars go up. Arizona...
The Phoenix Business Journal - Arizona Unemployment Hit ‘Historic’ Low of 3.3% in March, New Data Shows Economists said the new numbers still show the strength of the recovery both nationally and in Arizona, where the unemployment rate hit 13.9% just two years ago at...
ABC 15 - Inflation in Phoenix Metro Tops Other Major U.S. Metros Consumers are feeling the brunt of rising prices and nowhere is that truer than here in the Valley. The Phoenix metro region posted the highest spike in prices of any major metropolitan area tracked by...
ABC15 - Data: How Does Arizona Fit Into New Jobs Report? The latest jobs report shows that 431,000 jobs were added in March. This marks the 11th consecutive month of growth over 400,000 jobs. The report represents a slight miss as analysts were projecting around...