Coins and beads that read 2023.

Here's what experts predict for Arizona economy in 2023

An ASU economist says Arizona's economy withstood a tough year and may rebound soon, though a recession is possible if the Federal Reserve System is too aggressive with policy.

In this article published Nov. 28, 2022, on AZ Big Media:

What would that mean if somehow, someway, the Fed were too tight? It would mean tough sledding for Arizona and a hard fall for the economy. It will have harsh and laboring impacts.


Dennis Hoffman, director of the L. William Seidman Institute and director of ASU's Office of the University Economist

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