The Economic Minute is a snapshot of the economy in Arizona and across the U.S. delivered by an expert from the W. P. Carey School of Business at the beginning of Economic Club of Phoenix luncheons. Hear Dean Robert Mittelstaedt.

The nation added 103,000 new nonfarm jobs in September, according to the latest report from the U. S. Bureau of Labor Statistics.

Output of the national economy in the second quarter (Q2) of the year grew at an inflation adjusted annualized pace of 1.3 percent. While the Q2 rise in GDP was an improvement over the 0.4 percent increase in Q1, the gain was the second weakest since the recovery began in mid-year 2009.

Strong labor markets in eleven metropolitan areas accounted for one out of every three jobs created in the nation during the past 12 months. U.S.

At their annual kick-off event, members of the Economic Club of Phoenix heard from executives representing two Arizona-based companies that are thriving despite a daunting business climate. Hear from President and CEO of Fox Restaurant Concepts and Harkins CEO Dan Harkins.

As analysts debate the possibility of a double dip in Gross Domestic Product (GDP), many would argue that the economy cannot move into a sustainable recovery without improvement in housing.

Even those who don't usually follow economic indicators could not ignore the dismal news about U.S.

Mildred L. Culp, a Scripps Media syndicated columnist, talked to economist Lee McPheters for a story about job creation that ran in the Knoxville News Sentinel, among many other papers.

What if the Colorado River water delivered to users throughout the west dried up for a year? National Geographic reported on a study of this hypothetical question by L. William Seidman Research Institute economists Timothy James and Anthony Evans.

Arizona has been a champion of job creation in the past, but right now the state is doing just OK, says Economist Dennis Hoffman, director of the L. William Seidman Research Institute at the W. P. Carey School of Business.