News

Many big-box retailers like Pier 1, J. C. Penney, and Nordstrom are announcing a permanent closure of some or all of their stores. What will retail shopping look like after the crisis?

More than 653,000 Valley workers filed for unemployment assistance since the pandemic shut down the state. The Department of Economic Security is struggling to keep up with the high volume of claims — and the demand for help is expected to keep coming.

A supply chain management professor of practice warned that efforts to strengthen the supply chain, such as diversifying sources and manufacturing to other countries, automation, larger inventories, more complete risk analysis will widen the gap between large and small businesses.

Although the economy is expected to gradually improve beginning in July, the unemployment rate in the Valley will still be in at nearly 10% by December.

Employment data needs to be accurate and up-to-date, but most traditional economic statistics, such as those for the labor market, fall short because they are reported with an extremely slow response.

Governor Doug Ducey's stay-at-home order officially expired on May 15. What will the Valley's new way of life look like? Arizona PBS asked Professor of Economics Dennis Hoffman.

E-commerce has become more popular over the past few years, and COVID-19 has sped up consumer's desire to shop online even more.

Arizona State University economists say the state’s economic slide due to the coronavirus pandemic will last for months but be followed by a quick rebound that results in recovery by early 2021.

As some retailers close down permanently due to COVID-19, the future of malls in America may never look the same. A supply chain management professor of practice shares how they'll have to adjust and adapt to a new shopping experience moving forward.

When will Arizona's economy recover from the pandemic? Economics professors predicted a recession of three to nine months at an annual forecasting webinar presented by the Economic Club of Phoenix.