Research

Parsimony is a little like dancing, according to marketing Professor John Lastovicka. It's something anyone can learn, but some have more talent for it than others. What's more, the truly penny-wise take pleasure in their penny pinching.

Differentiated leadership — a management style in which leaders treat individual staff members differently based on such factors as their skills, perceived value or personalities — is a widely accepted approach to management.

The way businesses and policymakers approach economic integration is quite different. Businesses tend to be pragmatic — focusing on finding immediate solutions.

At mid-month, analysts had turned more pessimistic about the economy, as some of the promising "green shoots" of recovery appeared to have withered, writes Lee McPheters, editor of Economy@W. P. Carey.

How confident are you that you understand the Arizona economy? This test of your economic knowledge was administered at the Annual Economic Outlook luncheon hosted by the W. P. Carey School's Economic Club of Phoenix. Some of the answers may surprise you!

An anemic economic recovery will begin at the end of the year, but don't expect the pain to end anytime soon.

On May 20, the Economic Club of Phoenix presented its annual Economic Outlook Luncheon.

Phoenix metro real estate prices declined 37 percent in February compared to February 2008, but preliminary data for March and April show that the rate of decline may be slowing.

All but three states reported losses in nonfarm employment in March 2009 compared to 12 months earlier, according to figures released by the U.S. Bureau of Labor Statistics. Nationally, the economy lost 4.8 million jobs over-the-year in March, and payroll employment fell by 3.6 percent.

This spring's crop of college graduates are venturing forth into one of the most challenging job markets in decades.