News

Rising home, rent prices partially caused by lack of housing, experts say

When the Great Recession hit in 2008, Arizona’s booming construction industry was sidelined and has struggled to recover ever since, according to ASU economist.

Connecting academia and industry

ASU finds that certificate programs co-created by schools and corporations result in job-ready candidates.

Gas prices hit record high in Phoenix

Gas prices will continue to rise, ASU supply expert says, because supply chain issues that existed before the Ukraine conflict still aren’t fixed. And the addition of fighting in Eastern Europe creates additional logistics issues.

Valley non-profit putting $250K grant toward boosting employee pay

Competition for workers is fierce. ASU economist says the current unemployment rate is low — under 2.5% in the Phoenix metro area.

Expert expects supply chain issues to continue into 2023

As of January 2022, the Bureau of Labor Statistics Consumer Price Index had products such as meat, poultry, and eggs up 12% since the previous year.

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.

Can 3D printing become a solution for the housing shortage?

There's a quote, "A house is made of walls and beams, a home is built with love and dreams." What if that house is built with a 3D printer? It doesn't change the quote, but only a handful of people in the U.S. live in these types of houses.

Tips to save on higher than usual heating bill during Arizona cold front

An ASU supply chain expert doesn't believe the Russia-Ukraine war will impact natural gas because of the United States' self-reliance.