Economy

Gas station in Phoenix

Passing on gas: Biden’s gas-tax holiday gets cool reception in Arizona

BY: - June 25, 2022

President Joe Biden’s latest attempt to combat rising gas prices might be running on empty, with even Democrats cool to the idea.

Indian Affairs accepting applications for Native American Business Development Institute grants

BY: - June 10, 2022

The Indian Affairs Office of Indian Economic Development is accepting applications for Native American Business Development Institute grants, which help Tribes determine if a project will create jobs and stimulate economic activity. Results from studies can often help tribes persuade lenders and investors to provide financial backing to help turn their idea into a reality,” the […]

Advocates for $15-an-hour federal minimum wage press Biden for a meeting

BY: - June 6, 2022

The Poor People’s Campaign is urging President Joe Biden to meet with low-income workers before the organization's march on Washington, D.C., on June 18 to advocate for a $15 federal minimum wage.

COMMENTARY

Repealing 1998 utility deregulation law will protect consumers

BY: and - March 25, 2022

One of the hottest issues this legislative session is likely to impact monthly electric bills for years and years to come.  This is particularly true for low-income customers, those already struggling mightily, to pay their utility bills. House Bill 2101 seeks to repeal a state law from 1998 allowing utility deregulation. Should the legislation be […]

Marijuana sales drop in first month of 2022

BY: - March 21, 2022

The stream of money raining down from cannabis sales abated slightly in the first month of 2022, with recreational and medical sales dropping to a combined $115 million. It was the lowest total sales revenue for the industry since February 2021 — the first full month of sales since Arizona voters legalized marijuana for recreational […]

Senate approves plan for $150m in tax credits to film movies in Arizona

BY: - February 25, 2022

Arizona landscapes would have a better chance of ending up on the silver screen under a legislative proposal to lure production companies to the Grand Canyon State with $150 million in tax credits that the Senate has approved.  Proponents argue it will foster jobs, infrastructure and tourism. They say the benefits include construction of filming […]

Arizona jobless rate continues steady decline, workforce keeps growing

BY: - November 26, 2021

WASHINGTON – Arizona’s unemployment rate continued its steady decline in October, falling to 5.2%, down a full percentage point from just two months earlier and almost one-third of the state’s pandemic high, according to the latest Bureau of Labor Statistics data. It was the fourth straight month of a falling jobless rate for the state, […]

Thanksgiving dinner will cost Arizonans 5% more this year, but that’s less than U.S. average

BY: - November 25, 2021

PHOENIX – The average price of a Thanksgiving feast for 10 people is $53.31, up $6.41 from last year, according to the American Farm Bureau Federation’s annual price survey. The higher prices are pretty much across the board: turkey, cranberries, frozen dinner rolls and pie crusts. But the price hike isn’t as steep in Arizona, […]

U.S. House sends $1.2 trillion infrastructure bill to Biden for his signature

BY: and - November 8, 2021

WASHINGTON — The U.S. House cleared a $1.2 trillion physical infrastructure bill and took a major step toward passage of a landmark $1.85 trillion social spending and climate bill late Friday, following months of wrangling between Democrats’ progressive and moderate wings. The votes marked a milestone in the marathon negotiations among members of the House […]