economy

State Capitol News
12:56 pm
Thu March 27, 2014

State Unemployment Drops Amid Mixed Economic Outlook

Arizona's leisure and hospitality sector added 9,000 jobs in February, a particular bright spot in Arizona's economy.
Credit azcentral.com

The state’s jobless rate dropped by two-tenths of a point last month. But, Arizona Public Radio’s Howard Fischer reports the economic outlook is far more mixed.

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State Capitol News
9:35 am
Thu December 5, 2013

Arizona Population Growth Equals Economic Recovery

Credit Slate.com

A panel of economists said Wednesday they believe the state’s economic future appears to be a chicken-and-egg situation. Arizona Public Radio’s Howard Fischer explains.

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State Capitol News
1:28 pm
Thu January 17, 2013

State's Joblesss Rate Up Slightly

New figures from the Department of Administration put the seasonally adjusted unemployment rate for December at 7.9 percent. That's up a tenth of a point from November.

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KNAU and Arizona News
5:03 pm
Thu January 3, 2013

Car Sales Up in AZ

Car sales are up across the country and Arizona is no exception.

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KNAU and Arizona News
4:36 pm
Tue November 20, 2012

Housing Starts in AZ Up

A home in California under construction.
Credit Rishichhibber

Housing starts across the country are at their highest annual rate since 2008.

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KNAU and Arizona News
2:04 pm
Wed November 14, 2012

Thanksgiver Dinner Cheaper This Year

Credit Alcinoe

It's going to be a bit cheaper to feed the hungry horde around your Thanksgiving table this year -- and a lot cheaper if you're into organic.

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State Capitol News
4:43 pm
Fri October 19, 2012

State Minimum Wage to Rise

Folks at the bottom of the pay scale are soon going to get a bit of relief. 

The reason is a 2006 voter-approved law which established a state minimum wage separate from the federal figure. More to the point, that law requires the Industrial Commission to adjust the figure every year. Karen Axsom, director of the commission's labor department, explains.

"It's based on the consumer price index from August to August of each year. And there was a 1.7 percent increase. We round up to 15 cents," Axsom said.

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KNAU and Arizona News
4:00 am
Wed September 19, 2012

New Brewery Kickstarted in Prescott

Granite Mountain Brewing Co. opened its doors in August after a successful Kickstarter campaign helped the co-founders raise over $18,000.
Zac Ziegler

Just north of Prescott’s historic downtown Courthouse Plaza sits Arizona’s newest brewery.

Granite Mountain Brewing Company opened its doors about a month ago.

The room smells of fresh hops and barley.

Just behind the large, hand-carved wooden bar is the brewery’s three-barrel brewing equipment.

If starting a new business during a recession seems a bit risky, it didn’t stop this brewery’s owners.

In fact, they saw some advantages.

Amanda Richardson and Michael Stanger are two of the brewery’s co-founders:

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KNAU and Arizona News
3:17 pm
Fri September 14, 2012

Housing Market in Flagstaff May be Looking Up

Across the country the housing market appears to be picking up.

In Phoenix home prices are up nearly 14 percent over last year.

And Flagstaff may soon be seeing improvement too.

Jim Snook sells houses for Dallas Real Estate, and he’s the past president of the Northern Arizona Realtor’s Association.

He’s also a numbers guy.

And Snook says the housing market in central Flagstaff is starting to look up again.

For example, houses were selling faster this August than two years ago.

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State Capitol News
4:23 pm
Thu September 13, 2012

Fmr Mexican President Vicente Fox Urges Closer Ties with US

Former Mexican President Vicente Fox makes his case Thursday for greater economic cooperation -- and use of Mexican migrant labor -- to bolster the economies of both his country and the United States.
Howard Fischer Capitol Media Services

Vicente Fox warned today that unless this country works closer with Mexico -- and recognizes the benefits of immigrant labor -- it will end up playing second fiddle to China.

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