Retail sales rose 0.3% in May despite pressure from higher inflation and interest rates – Decatur Daily

Retail sales rose 0.3% in May despite pressure from higher inflation and interest rates. By Anne D’Innocenzio AP Retail Writer; Jun 16, 2023 … Retail sales rose 0.3% in May despite pressure from higher inflation and interest rates. By Anne D’Innocenzio AP Retail Writer; Jun 16, 2023 … See the entire article on Arizona’s unemployment, or, read…

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Heading to the airport? Watch out for weekend construction projects

Arizona Department of Transportation crews have a variety of closures and restrictions scheduled to begin Friday across the Valley, including a project near Phoenix Sky Harbor International Airport. On its website, ADOT reported the following closures and restrictions:Eastbound Interstate 10 closed between the State Route 51 “Mini-Stack” interchange and US 60 (Superstition Freeway) from 10 p.m. Friday to…

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Taking a breather: Fed holds interest rates steady in patient battle against inflation – NPR

After 10 straight rate hikes, the Federal Reserve left interest rates unchanged Wednesday, but hinted that additional rate hikes are possible if … After 10 straight rate hikes, the Federal Reserve left interest rates unchanged Wednesday, but hinted that additional rate hikes are possible if … See the entire article on Arizona’s unemployment, or, read more Arizona…

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Arizona limits housing projects in Phoenix area over groundwater supply concerns

Arizona will no longer grant certifications for new residential developments in Phoenix, it’s largest city, due to concerns over groundwater supply.The announcement indicates that the Phoenix area, currently the nation’s fastest-growing region in terms of population growth, will not be able to sustain its rapid growth because of limited freshwater resources. The state’s new policy…

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