A recent internet poll posted on the Money magazine web site asked "When will the U.S. economy improve?" The answer from 80 percent of those responding was that the economy will improve no sooner than next year, or even later.

For decades, insurance companies have been pricing policies based on the belief that adverse selection comes into play among their customers.

Nobody would claim the U.S. economy is healthy right now. After all, we are in the worst contraction since the Great Depression, and poor numbers are being posted for almost every economic indicator.

The U.S. unemployment rate went up again in June, rising to 9.5 percent (seasonally adjusted).

The Kearny Alliance and Arizona State University are co-hosting a series of forums in the U.S. and in China to explore global trade challenges and their impact on the evolving trade infrastructure.

Each year, the W. P. Carey School evaluates the annual accuracy of projections from the 50 national economists that contribute to the consensus forecast reported monthly in Blue Chip Economic Indicators.

The way businesses and policymakers approach economic integration is quite different. Businesses tend to be pragmatic — focusing on finding immediate solutions.

At mid-month, analysts had turned more pessimistic about the economy, as some of the promising "green shoots" of recovery appeared to have withered, writes Lee McPheters, editor of Economy@W. P. Carey.

How confident are you that you understand the Arizona economy? This test of your economic knowledge was administered at the Annual Economic Outlook luncheon hosted by the W. P. Carey School's Economic Club of Phoenix. Some of the answers may surprise you!

An anemic economic recovery will begin at the end of the year, but don't expect the pain to end anytime soon.