By: Consumer spending, the most important driver of the US economy, is expected to shrink in early 2024 — the first quarterly decline since the start of the pandemic, according to a new survey. More than half of 526 respondents, or 56%, believe that personal consumption in the US will turn negative in the new…
David Wichner The Arizona economy hummed along through the first half of 2023 and is expected to post solid gains this year and next if the U.S. economy avoids a recession as expected, University of Arizona economists say.But although Tucson has regained all of the jobs it lost during the height of COVID-19, the Old…
By: From rising interest rates and overall capitalization rates, CRE investors face challenges in the four major sectors. But each market has its own … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
TORTILLA FLAT, AZ (3TV/CBS 5) — It’s been four years since a fire and then a storm destroyed a 5-mile stretch of state Route 88, up toward Apache Lake. That part of the highway has been closed ever since 2019. But an Arizona Department of Transportation study is working on a plan to safely reopen…
By: … Personal Consumption Expenditures growth for services up 2.2% annually versus up 0.7% annually for spending on goods last quarter. And as long as … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
The number of people filing for initial unemployment benefits increased for the first time in a month last week, jumping by 3,000 to 220,000, according to new statistics released by the Labor Department on Thursday. The number of people filing for initial unemployment benefits increased for the first time in a month last week, jumping…
By: … Consumer Price Index … The Fed’s favored inflation gauge, the Personal Consumption Expenditures index, measured 3.3% in July on an annual basis. See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: Interest rates, like the stock market, fluctuate. Municipalities … Jay Schlum – Arizona … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
On its own, that rise in unemployment isn’t necessarily alarming. More than 700,000 people joined the labor force in August looking for work, and not all of them found jobs right away. That pushed labor force participation up, which is good, but it also pushed unemployment higher, which is not so good, at least if…
AZ NGA backs Sydney-based advisory merger – ifa Subscribe to the ifa bulletin Receive daily online news,analysis, reports and business strategies How confident are you that the government’s QAR response will be delivered in early June? Very confident Somewhat confident Not very confident Not confident at all Total votes: 230The voting for this poll has…