Rising wages could not keep pace with rising prices in Arizona in 2021

An ASU economist says the current imbalance between wage and price increases is not likely to be a long-term problem.

An ASU economist says the current imbalance between wage and price increases is not likely to be a long-term problem.

In this story published Feb. 13, 2022, on KTAR:

I think we are going to see by the year end, that the rate of inflation year-over-year will migrate down. And that will bring those price increases back in line with wage increases.

– Dennis Hoffman, professor of economics