ASU-RSI: Signs pointing 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.
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
GDP is up ... but employment recovery may be years away
Economists, Wall Street, and the general public were pleased with the advance report on third quarter Gross Domestic Product (GDP) from the U.S Bureau of Economic Analysis. The consensus expectation as posted on Briefing.com was an annualized increase of 3.2 percent.
Phoenix housing market showing signs of recovery, but still has issues
It's Indian Summer in the Phoenix real estate market: Like a replay of the traditional high sales months, resale activity increased in October -- from 9,070 sales in September to 9,955.
Eminent domain: Drawing the line on property rights
When the city of New London, Connecticut, moved to take homes in the modest Fort Trumball neighborhood by eminent domain, a group of residents resisted in court. Led by Susette Kelo, the residents eventually lost their case at the Supreme Court.
Friend or foe: Does the minimum wage hurt the workers it's intended to help?
William Boyes understands why his students feel the way they do about the federal minimum wage — why they seem to universally believe that the minimum wage is a good thing. It's a good thing for them; a good thing for workers across the country; a good thing for the economy as a whole.
Trying to lose weight? Look around the table, not just on it
Your dining companions are likely to influence how much you eat, or don’t eat, at lunch. Professor of Marketing Andrea Morales discovered that the amount of food your table mate orders may affect your own eating decisions.
Arizona Town Hall calls for bold action to solve the state's fiscal crisis
Last week about 140 of Arizona's leaders gathered at the Grand Canyon for the 95th Arizona Town Hall — designed to bring Arizonans together for three days of discussion, culminating in a plenary session where participants adopt a final report of findings and recommendations.
Western region accounts for 5 of 10 weakest state labor markets
For the first time in the recession, all 50 states lost jobs over the year in September, reports Lee McPheters, editor of Economy@W. P. Carey. Before the latest figures were released, North Dakota had continued to add jobs year over year, albeit at a slowing pace.
Self-ownership, abortion and a Brave New World
"The idea of ownership," said W. P. Carey Economics Professor William Boyes, "is that we can do anything we want with what we own as long as it does not harm anyone else or violate anyone else's property rights." By that definition, our common concept of ownership might often be called