Government stimulus checks: What does that mean for Arizonans?
Research Professor of Economics Lee McPheters says there is likely to be a positive effect on spending, but people are also worried about their debts.
Research Professor of Economics Lee McPheters says there is likely to be a positive effect on spending, but people are also worried about their debts.
In this story published March 20, 2020, on ABC 15:
Arizona will be hit by a double whammy...restaurants and such will be shutting down and laying off workers and meanwhile if people stop moving to the state even for a few months that will bring growth to a stop. It is unlikely that the checks will offset those issues since they are caused by the virus.
– Research Professor of Economics Lee McPheters, who's the director of W. P. Carey 's JPMorgan Chase Economic Outlook Center
Latest news
- Musical instruments would get more expensive under Trump's tariffs
Increased prices could limit who learns to play an instrument, says an ASU supply chain expert…
- Why wealthy Americans work
An ASU economist's research shows that the affluent don't work for more stuff, but for better…
- ’Big league’ or big illusion? Study calls time on splashy stock market anomalies
In his latest research, an ASU professor invents a stock market anomaly to expose the shaky…