The Economic Minute: Phoenix and the recovery, or beyond ground zero
In this edition of The Economic Minute, economist Dennis Hoffman says that Arizona could be called "ground zero of the worst recession since World War II." The hard economic fact is that Arizona depends on in migration to keeps its economy vibrant, and the state is not exactly a people magnet rig
ASU-RSI: Phoenix area single-family market improving — not so in townhouse/condo sector
Single-family home prices in the Phoenix metro market have finally stopped diving, but the townhouse/condominium segment of the market continues to sink, according to the latest ASU Repeat Sales Index (ASU-RSI).
How we got here: Bush economic advisor analyzes the financial sector meltdown
The deepest recession since World War II was caused by the collapse of the financial sector, but that disintegration is not proof that markets don't work, said Stanford economist Edward Lazear, who was chief economic advisor to former President George W. Bush.
Consumer spending and the 'new normal' economy
Economists, sociologists and other observers are divided in their view of consumer spending in the post-recession era that lies (somewhere) ahead.
Western states unemployment: The rest of the story
Most are aware that the official unemployment rate tells only part of the story. Lee McPheters, in the lead story of the Western Blue Chip Economic Forecast, writes that the U.S.
Foreclosures continue to taint Phoenix real estate market
Foreclosed homes accounted for 37 percent of the total activity in the Phoenix metro real estate market in July — down from February when foreclosures represented 51 percent of the sales.
Enough. Period.
John C. Bogle, founder of the Vanguard Mutual Fund Group and President of its Bogle Financial Markets Research Center, has been warning us for decades about the danger of short-term thinking and greed as motivator in the U.S. financial sector.
Overcoming the challenges in migrating from products to services: Facing the enemy within
Charging for services involves an organizational shift.
Recession aftermath: A tentative scenario
The near-term outlook for the national economy continues to improve, but full recovery will be slow in coming, says Lee McPheters, editor of Economy@W. P. Carey. After decreasing this year, Gross Domestic Product (GDP) is expected to grow next year, but hundreds of thousands mo
ASU-RSI: Signs point to improvement
The ASU Repeat Sales Index (ASU-RSI) continued to decline in June, but the numbers contained positive signals that improvement is the trend in the Phoenix metro real estate market.