Most of the inflation we're seeing is because of supply chain issues, according to an ASU supply chain expert. Additionally, taxes, the Ukraine-Russia war, labor shortages, and the high cost of fuel are making matters worse.
The fuel-price spike was exacerbated by declines in private energy investments in recent years, including fuel-distribution networks in the West, explains Dennis Hoffman, director of ASU’s Office of the University Economist.
An ASU supply chain expert explains there are four players that control close to 90% of the baby formula market. If any of them have a recall or other issue, 40% of the market gets affected. Until the shortage is resolved, he recommends not hoarding.
Two longtime family entertainment businesses, Tempe’s Big Surf and Scottsdale’s CrackerJax, have been sold to large companies with plans to use the land for other purposes.
An ASU finance expert answers six questions about 0% credit cards for WalletHub.
How high is inflation in Arizona? Who, or what is to blame for it? An ASU economist answers, citing sharp housing price hikes around metro Phoenix and high gasoline prices.
An ASU supply chain expert talks to GARP about how managing the sustainability of your supply chain is the best approach to risk management.
An ASU real estate expert predicts a slower increase in home prices over the next few months, then some leveling off toward the end of the year. Arizona is still an attractive destination compared to California and other states.
The last time inflation was this high was in 1981, and the solution then was a severe tightening of credit that tipped the economy into recession, according to an ASU economist.
CNBC’s Valerie Castro interviews an ASU economist about Phoenix, which is struggling with population growth and the highest inflation rate in the nation.