Arizona and the recession: Three perspectives
On May 20, the Economic Club of Phoenix presented its annual Economic Outlook Luncheon.
Western Blue Chip: Arizona had weakest labor market performance of all states in March
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.
Message to new grads, career changers: Land a dream job in a down economy
This spring's crop of college graduates are venturing forth into one of the most challenging job markets in decades.
Trade, China and the world economic order, part three
Doing business in China different than doing business anywhere else.
Initial claims: Green shoots or false signal?
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.
Forecasters see economy turning positive in second half of 2009
Economy-watchers anticipated poor performance from the economy in the first quarter of 2009, and they got what they expected when the Bureau of Economic Analysis released the advance report on Gross Domestic Product (GDP).
Trade, China and the world economic order, part two
In 2001, China became the first centrally-planned economy admitted to the World Trade Organization (WTO) — the only global international organization designed to facilitate multilateral trade between its member nations.
The business of climate change: A call for innovation
Whether or not you believe the science on climate change is irrelevant, says Andrew J. Hoffman, a University of Michigan professor of sustainable enterprise. Whatever you think, it's long past the time to open your eyes to the business implications.
The Economic Minute: The changing state of banking
Hope Berman Levin, the regional president for U.S. Bank in Arizona, recently touched on some of the rapid-fire changes that are happening in banking, during a talk at the W. P. Carey School's 26th Annual Dean's Council of 100 Executive of the Year Luncheon.
The next shoe just dropped
Although nonresidential building held up longer than residential activity in the current recession, the nonresidential downturn now has started and is expected to continue into 2010. The timing of the rise and fall of these two construction categories differs.