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ECONOMY
Consumer Price Index Edges Up To 2.41% In February
By Matthew Holloway | Inflation rose slightly in February, with the Consumer Price Index reaching 2.41 percent year over year, according to the latest monthly inflation update released Wednesday by the Joint Economic Committee. The committee’s report found...
U.S. Job Growth Reverses In February With 92,000 Payroll Loss
By Ethan Faverino | The U.S. labor market experienced a sharp downturn in February 2026, with nonfarm payroll employment declining by 92,000 jobs, according to the latest Employment Situation report from the Bureau of Labor Statistics, released March 6. This marked a...
Cactus League Spring Training Expected To Generate Nearly $1 Billion For Arizona’s Economy
By Ethan Faverino | As the 2026 Cactus League Spring Training season kicks off, bringing fifteen Major League Baseball teams to ten stadiums across the Valley, a comprehensive new analysis from the Common Sense Institute (CSI) highlights the significant economic...
Small Business Group Pushes For Tax Certainty Amid Capitol Dispute
By Matthew Holloway | The National Federation of Independent Business (NFIB) Arizona issued a policy statement this week urging state lawmakers to prioritize tax certainty for small businesses in the upcoming legislative session. In a press release, NFIB Arizona urged...
Schweikert Urges Destination-Based Cash Flow Tax After Supreme Court Tariff Ruling
By Ethan Faverino | In response to the U.S. Supreme Court’s February decision in Learning Resources, Inc. v. Trump, which held that the International Emergency Powers Act (IEEPA) does not authorize the President to impose tariffs, Joint Economic Committee (JEC)...
U.S. Inflation Eases To 2.39% Year-Over-Year In January 2026
By Ethan Faverino | The Joint Economic Committee released its Monthly Inflation Update for January 2026 last week, highlighting a modest cooling in consumer price pressures as headline inflation declined below expectations. According to data from the Bureau of Labor...
Study Shows Small Business Optimism Remaining Above 52-Year Average
By Ethan Faverino | The latest survey from the National Federation of Independent Business (NFIB) reveals that small business optimism in the U.S. dipped slightly at the start of 2026. The Small Business Optimism Index declined by just 0.2 points in January to 99.3,...
House Committee Advances Bill To Clear Path For Small Nuclear Reactors In Rural Arizona
By Matthew Holloway | Legislation aimed at easing regulatory barriers for next-generation nuclear power projects in rural Arizona advanced last week after clearing a key House committee. The House Natural Resources, Energy, and Water Committee approved House Bill...
GOP Lawmakers Advance Broad Package To Lower Gas Prices And Protect Ratepayers
By Ethan Faverino | Arizona House Republicans on the Natural Resources, Energy, and Water Committee have taken action to address skyrocketing gas prices and utility bills, passing a sweeping package of bills designed to lower fuel costs, enhance energy reliability,...
Goldwater Institute Warns Local Regulation Could Threaten Arizona’s Data Center Growth
By Matthew Holloway | Arizona’s growing role as a national hub for data centers could be undermined by municipal regulations driven by concerns over water use, electricity demand, and land use, according to a new policy report released by the Goldwater Institute. The...
U.S. Trade Deficit Widens In November Despite Year-Over-Year Improvement
By Ethan Faverino | According to the Joint Economic Committee, the United States recorded a total trade deficit of $56.82 billion in November 2025. This figure represented a substantial monthly increase of $27.62 billion from the revised October level, reflecting a...
Sen. Carroll Urges Congress To Clarify EPA Authority, Warns Of Economic Impact On Arizona
By Matthew Holloway | Arizona Senate Majority Whip Frank Carroll (R-LD28) introduced a measure on Tuesday, urging the U.S. Congress to clearly define and limit the Environmental Protection Agency's (EPA) regulatory authority. Carroll and his cosponsors argue that...
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