ASU economist shares Fed forecast

To get a deeper understanding of everything that makes Federal Reserve rate hikes important, ASU economist Lee McPheters answers these questions, including whether the war in Ukraine affects the timing of the rate hikes.

First COVID, now a lockout: MLB labor dispute latest blow for spring training businesses

From bars and cafes to shops and hotels, a cancellation of spring training season would hurt Arizona and Florida businesses that rely on it.

Remote work seen more persistent than U.S. city planners expect

More than a third of workers expect to work from home at least one day a week this year, according to an ASU economist and his colleagues from the Virginia Commonwealth University and Federal Reserve Bank of Dallas.

Phoenix-area restaurants and consumers trying to deal with crazy food prices

An ASU economist says the cost of transporting food with gas prices a dollar more a gallon than a year ago are increasing food prices.

Rising wages could not keep pace with rising prices in Arizona in 2021

An ASU economist says the current imbalance between wage and price increases is not likely to be a long-term problem.

MLB lockout could impact businesses relying on Spring Training revenue

According to research from the Seidman Research Institute, the Cactus league generated more than $640 million dollars for the state in 2018. That number dropped significantly, to around $363 million in 2020 when Covid-19 ended the training season early.

Industries continue to boom across Arizona despite potential challenges for water and cost of living

More than 700,000 new jobs may be created in Arizona by the year 2030, and with that many people potentially moving to the Valley, the state is dealing with problems that could come with massive growth.

ASU economist discusses the impact of inflation in the state

If you’ve been to the grocery store lately, you’ve probably noticed the increase in food prices. New research shows that prices of meat, seafood, produce, cereal, and other foods shot up 9% in 2021.

ASU researchers say Build Back Better's benefits outweigh inflation fears

West Virginia Sen. Joe Manchin couldn't vote to continue with the legislation for fear of the price tag and inflation. The bill would have increased federal and state social safety nets as well as shored up funds for battling climate change, all covered by corporate and wealth taxes.

Adaptation could reduce damage from climate-driven storms by a third

While the push for global action to reduce emissions continues, disaster-prone communities face an expensive decision: Should they spend money on adaptations like seawalls, stilts, storm drains, and windproof garage doors to better withstand climate change?