Research

Historically, summer in Phoenix has been a sluggish season for the real estate market, and July 2012 has been no exception. Michael Orr, director of the Center for real Estate Theory and Practice at the W. P.

In this video, three leading economists discuss fiscal policy, including the Federal Reserve’s dual mandate, the “Taylor Rule,” the 2009 stimulus package, the efficacy of temporary tax rebates and the financial crises in Europe.

Employment in Arizona is expanding faster now than in all but three states, based on year-over-year growth in July. Non-farm jobs are increasing more rapidly only in North Dakota, California and Oklahoma. Last year at this time, the Grand Canyon State ranked 35th.

The June housing market report indicates that some stability may be returning to prices in Phoenix, however the market is complex and continues to be out of balance. Mike Orr, director of the W. P.

The U.S. economy added 163,000 non-agricultural jobs in July, the largest monthly gain since February, according to the latest employment report from the U. S. Bureau of Labor Statistics.

Arizona non-agricultural employment increased by 2.4 percent year-over-year in June, advancing the state into fifth place in the monthly job creation rankings. Last year at this time, the Grand Canyon State ranked 32nd.

Research continues to reinforce that recruiting, hiring, and training new talent is more costly and less effective in the short term than developing those already employed. With that in mind, the W. P.

Managers tend to focus on skills and knowledge when assembling teams, but management Professor Jeff LePine’s research suggests that personalities should be factored in as well.

The Phoenix real estate market has been showing signs of life, but a panel of experts warns that a full recovery is unlikely until around 2015.

Opportunism in business relationships, such as those between consultants and clients, goes beyond harmlessly stretching the truth.