Though unemployment reached 4% for the first time in two years, economists say a broader look at the labor market shows no indications of a recession. Though unemployment reached 4% for the first time in two years, economists say a broader look at the labor market shows no indications of a recession. See the entire…
By Grey Gartin Cronkite News Arizona’s unemployment rate fell in May to its lowest rate ever recorded, reaching a seasonally adjusted 3.4% and falling below the previous record of 3.5% recorded in August 2007, according to state data released Thursday.The job boom has yet to translate into popularity for President Joe Biden, despite steps he’s…
By: … interest rates. Meanwhile, they are stuck with rapid rent increases … Joe Biden campaign tries to win Arizona seniors with bingo as Donald Trump … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: Friday’s key inflation gauge, the personal consumption expenditures … Weak consumer spending is a particular worry, and demand-driven inflation has … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
Arizona’s unemployment rate is flirting with historic lows, according to the state’s Office of Economic Opportunity (OEO).The big picture: The seasonally adjusted unemployment rate for May 2024 was 3. Arizona’s unemployment rate is flirting with historic lows, according to the state’s Office of Economic Opportunity (OEO).The big picture: The seasonally adjusted unemployment rate for May…
Arizona House Bill 2721 has emerged as a significant new land use law aimed at tackling the state’s middle housing shortage. As the demand for affordable and diverse housing options continues to outstrip supply, the law addresses this issue through a series of provisions. Gov. Hobbs’ recent signing immediately moves forward alternative housing options and…
Commercial Real Estate · Banking · Technology · Residential Real Estate · Food … Arizona Commerce Authority survives debate, approved through 2029. See the full article on Arizona zoning regulations, or, read more Arizona real estate investing news. It’s up to you!
Scoring an attractive deal on a house in a popular market may seem like an impossible task, but a new report indicates that there are dozens of US cities that fit that description.The going rate for a single-family home jumped 5.7% from the prior year to $407,600 in April, according to data from the National…
The Black poverty rate hit a record low during Trump’s presidency in 2019 at 18.8%. The poverty rate has fallen further under Biden’s presidency, hitting 17.1% in 2022, the last year for which data is available. As President Joe Biden and former President Donald Trump vie for Black voters’ support, each has been touting their…
By: Construction of new homes in the United States dropped below expectations in May as builders pull back on new residential projects largely in response to high interest rates, reinforcing concerns about stubbornly high housing prices.Government data released on Thursday showed that new-home construction, or housing starts, fell 5.5 percent last month to an annualized…
