Research

Dr. Denis A. Cortese recently retired from the Mayo Clinic, where he was president and CEO, and now leads the W. P. Carey School’s Health Care Delivery and Policy Program. This program is focused on facilitating and promoting a sustainable U.S. health care system.

Is recovery from recession underway? In this month's Economic Minute, Dean Robert Mittelstaedt of the W. P. Carey School of Business takes a look at the Arizona economy.

"Please hold — your call is important to us."If you've ever heard that sentence then you know what it's like to be "on hold" for customer service.

The market for foreclosed homes in the Phoenix metro area appears to be approaching a turn around, according to a new index from the Center for Real Estate Theory and Practice at the W. P. Carey School.

As the nation continues to endure troubled labor markets and high unemployment, critics of the American Recovery and Reinvestment Act (ARRA) have become more vociferous.

Foreclosures have traditionally accounted for only a small fraction of the real estate transactions in the Phoenix area market, but in January, as in past months, foreclosures were the whole story. Almost half of the existing-home transactions — 45 percent — were foreclosures.

While expectations are growing for a better year in 2010, analysts are still sifting through the economic ashes of 2009 as figures become available. Personal income in 2009 probably declined nationally.

Consider all of the many ways in which information contributes to the functioning of the economy. Investors need it to assess the quality of the issuers of stocks and bonds. Employers want it to evaluate potential employees.

Three Western states were the nation's fastest growing in 2009, according to new population estimates from the U.S. Census Bureau. The total number of residents in Wyoming, Utah and Texas increased by 2 percent or more, a pace double that of the U.S. as a whole.

Anthony Chan is a cautious optimist. He is optimistic that the equity markets will continue to improve in 2010. But he's cautious, too — because the same level of improvement won't be felt on Main Street.