Economics

Speakers from across the country and region share what's in store for the year ahead at the 57th annual ASU/PNC Bank Economic Forecast Luncheon.

Most people don't know the recession shapes. President Donald Trump has described the country’s economic recovery as V-shaped, whereas Vice President Joe Biden has called it a K-shape. Professor of Economics Dennis Hoffman agrees with the latter and explains why.

A study conducted by the New York-based New School, which examined unemployment since the beginning of COVID-19, has found that for the first time since the 1970s, older workers are facing higher unemployment rates than mid-career workers.

For Jerry Coleman’s positive impact on the local economy through locally owned and operated businesses, the W. P. Carey School honored him with the 2020 Spirit of Enterprise Award. He’s the 24th recipient of this premier celebration of entrepreneurship in the Valley that recognizes businesses for ethics, energy, and excellence in entrepreneurship.

The economy continues to struggle due to the pandemic with consumer anxiety a major factor in holding back the recovery. Arizona PBS Host Ted Simons asks W. P. Carey economist whether consumer anxiety is impacting businesses more than government restrictions aimed at slowing the virus?