Reporting on Arizona's new employer sanctions law, a recent New York Times story commented that "As [the state] exacts its punishment on the undocumented workers who have made it so prosperous, it runs the risk of proving itself tough but not smart." The Knowledge@W. P. Car

For many business people, politics is unfamiliar territory, where missteps bring unforeseen and often unfortunate consequences.

In the old economy, manufacturing led the way and regions competed largely by offering a low-cost environment in which businesses could operate.

Next year will be marked by uncertainty, and that bodes ill for the Arizona economy. Lee McPheters, professor of economics and director of the JPMorgan Chase Economic Outlook Center at the W. P. Carey School of Business, and Elliott D. Pollack, President of Elliott D.

Last week's job growth report indicated that some 89,000 jobs were added to the economy nationally in August, and another 110,000 in September. That means the average monthly job growth for 2007 will hover around 125,000 per month — down from the 160,000 average in 2006 and 175,000 in 2005.

Gas prices have been easing downward in the last few weeks, welcome relief for consumers. But what is the outlook going forward? Will prices continue to fall? Dennis Hoffman, director of the L.

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!

Two indicators of the severity of the current recession, depth and duration, worsened in the past month. The depth of the decline in inflation-adjusted Gross Domestic Product in the fourth quarter of 2008 was revised by the U.S.

Labor markets in the Western states are among those (a) hardest hit and (b) least affected by the current economic contraction, based on nonagricultural employment figures for January 2009, released by the U.S. Bureau of Labor Statistics.

One of the features of fiscal policy initiatives is that they can be targeted to industries and geographic areas in greatest need.