Retail sales offer glimmer of hope
Listen or read: The state received discouraging words recently about last year's employment numbers and about population growth over the last decade.Retail sales showed a glimmer of hope, however, and unemployment appears to be stabilizing. Economist Dennis Hoffman of the L.
Current global conditions: Inflation and unemployment
In the aftermath of the global financial crisis, the main challenge facing the U.S. and its trading partners was a return to growth. After these economies improved in 2010, the outlook now for the main trading partners of the U.S.
Nobel laureate on climate change: We don't need to wait for an elusive top-down solution
Elinor Ostrom, the 2009 recipient of the Nobel Prize in Economic Sciences, told the audience at the Economic Club of Phoenix Luncheon that there's ample evidence to prove that polycentric, or multilevel, approaches — even relatively easy fixes that can be implemented by local communities, busines
Arizona jobs: The struggle continues
Annual employment revisions recently issued by the U. S. Bureau of Labor Statistics brought more bad news for the Arizona economy. Preliminary monthly job growth figures had previously indicated improving labor market conditions as the year ended.
Phoenix real estate: Report shows foreclosures increased in February
Read or listen: A report on real estate market conditions in Phoenix shows that foreclosures represented 43 percent of total transactions in February.
Western states lead in foreclosure rankings
"Arizona is stuck in a vicious cycle right now," says Lee McPheters, research professor at the W. P. Carey School of Business and director of the JPMorgan Chase Economic Outlook Center. "Homes come onto the market from foreclosure and that weakens prices.
Use prediction markets to raise your marketing model's performance
Which prospects are most likely to buy what you're selling? Who are your good credit risks? What will your customers buy next? Chances are, your company uses predictive models to answer these and other questions, or soon will.
Podcast: Grand challenges call for a new polymath
"Polymath" is the Greek word for Renaissance man — one who excels at many things. But if, centuries ago, society needed a Da Vinci or a Franklin, the grand challenges of today call for teams of experts.
The Economic Minute: This recovery will be different
Each month at the Economic Club of Phoenix luncheon, a W. P. Carey School of Business expert analyzes economic conditions in Arizona and in the nation. On February 17, Dean Robert Mittelstaedt reminded his audience that this recovery is different.