National Economic Forecast: The end of 2011 will be strong, but beyond 2012? Depends who you ask
Economists like to talk about the shape of the economic recovery. Ideally, it would have been V-shaped: a rapid, dramatic upswing following the recession. Several months into the recovery, which technically began in June 2009, economists were predicting a still-not-shabby U-shape.
Arizona's economy: Recovery at a glacial pace
Arizona's economic recovery will continue to move at a glacial speed in 2011 — but at least it's moving. The coming new year will see an increase in job creation, a rise in population and even a modest increase in single-family home permits.
The whole truth and nothing but the truth: Managing information asymmetry in IS consulting
A cynic might say that information systems consultants shortchange their clients. They can, for example, promise more than they deliver. Or they can tarry and delay. Or they might ask, on the back end, to bill for "unanticipated" work.
Job growth improves in 20 states
More state labor markets are pulling out of the economic slump created by the recession. As recently as March of this year, only two states (North Dakota and Alaska) were adding nonfarm jobs year-over-year. By May, the number of states posting year-to-year growth had improved to an even dozen.
Emergency programming: The mindset that makes it happen
The team from the Department of Information Systems that created decision-support software to help distribute crucial H1N1 vaccine knew that for this project, speed trumped all other protocols.
Temporary employment: This bellwether bears watching
Optimism about the strength of the recovery took another hit when the June employment numbers were released recently. Economy-watchers had expected at least modest growth, but seasonally adjusted nonfarm employment fell by 125,000 jobs from May.
U.S. macro outlook: Watch for second half headwinds
As the calendar approaches the mid-year mark, the economy through the first half appears on track to exceed earlier expectations, thanks to increased spending by consumers and the willingness of businesses to build inventories and invest in new equipment and software.
Western jobs still worsening, but worsening more slowly
With four months of figures for 2010 now available, analysts are beginning to grow (slightly) more optimistic about the employment picture for the nation and the Western states this year.
Take the test: Fourth Annual Arizona Economic Confidence Quiz
How confident are you that you understand background facts on economic issues? For the fourth year running, members of the Economic Club of Phoenix were quizzed on their grasp of economic fundamentals at their final luncheon of the season, on May 18.
Is Arizona's recession over? How will we know?
Arizona employment bottomed out at the end of 2009, after a loss of nearly 300,000 jobs from the peak during 2007. But have we seen the end of the recession? Maybe not, if we are going to evaluate this current cycle in a longer term context, based on annual data.