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.

On May 20, the Economic Club of Phoenix presented its annual Economic Outlook Luncheon.

All but three states reported losses in nonfarm employment in March 2009 compared to 12 months earlier, according to figures released by the U.S. Bureau of Labor Statistics. Nationally, the economy lost 4.8 million jobs over-the-year in March, and payroll employment fell by 3.6 percent.

This spring's crop of college graduates are venturing forth into one of the most challenging job markets in decades.

Doing business in China different than doing business anywhere else.

Current economic reports are grim, with indicators such as capacity utilization and housing starts at levels consistent with a deep contraction. Yet, there is a widespread view among analysts that the official end date of this recession is not that far off, sometime in late 2009.