Economy - AZ FREE NEWS

Retail Returns Projected To Hit $850 Billion In 2025

Oct 28, 2025

By Ethan Faverino | According to the newly released 2025 Retail Returns Landscape, U.S. retailers project that nearly $850 billion in merchandise will be returned this year, equivalent to 15.8% of total sales. The figure, while substantial, reflects a slight decline...

Federal Deficit Declines To $1.78 Trillion In FY2025 As September Ends With $198 Billion Surplus

Oct 22, 2025

By Ethan Faverino | The U.S. Treasury and the Joint Economic Committee released the Monthly Fiscal Update last week, highlighting a 2.8% reduction in the federal deficit for Fiscal Year 2025 (FY2025), totaling $1.776 trillion compared to $1.828 trillion in FY2024. The...

Arizona’s Job Market Holds Steady As New Data Reveals Wide Gaps In State-By-State Hiring Rates

Oct 20, 2025

By Jonathan Eberle | A new national analysis reveals that Arizona’s job market is holding steady, ranking 12th in the nation for job openings with a rate that mirrors the U.S. average.According to a new report from Podium AI, which analyzed the latest data from the...

Arizona Ranks Third In The Nation For Longest Working Hours, Study Finds

Oct 19, 2025

By Jonathan Eberle | A new study shows that Arizonans are among the hardest-working Americans, with the state ranking third in the nation for longest average working hours.The research, conducted by global executive search firm Keller, analyzed Bureau of Labor...

Small Business Optimism Declines In September Amid Growing Concerns

Oct 16, 2025

By Ethan Faverino | The National Federation of Independent Business (NFIB) Small Business Optimism Index dropped 2 points in September to a score of 98.8, marking the first decline in three months. Despite remaining above the 52-year average of 98, the dip reflects...

Congress Makes 20% Small Business Tax Deduction Permanent, Boosting Arizona’s Economy

Oct 13, 2025

By Ethan Faverino | In a landmark victory for small businesses, Congress has made the 20% Small Business Tax Deduction, also known as Section 199A, a permanent qualified business deduction, ensuring long-term tax certainty for Main Street. This critical provision...

Arizona Ranks Among Top 10 States For Property Value Growth Over The Past Decade

Oct 13, 2025

By Jonathan Eberle | A new study by Cinch Home Services has revealed that Arizona ranks among the top states in the nation for rising property values over the past decade, with home prices in the state increasing by more than 120% since 2015. According to the...

Sen. Farnsworth Highlights Road Repairs And Future Transportation Innovation

Oct 11, 2025

By Jonathan Eberle | Arizona State Senator David Farnsworth, chairman of the Senate Appropriations and Transportation Committee, is doubling down on his commitment to improving Arizona’s transportation network, emphasizing both immediate roadway repairs and...

White House Releases Memo Bracing Arizonans For The Impact Of The Democrat Shutdown

Oct 5, 2025

By Matthew Holloway | The White House Council of Economic Advisers (CEA) released a memo on Friday, detailing the state-level impacts of the government shutdown imposed by congressional Democrats and detailing the projected effects. The effects on Arizonans could be...

AZ Chamber Believes Recently Passed Bills Will Improve State’s Economic Competitiveness

Sep 29, 2025

By Staff Reporter | A series of new laws taking effect are anticipated to raise Arizona’s economic competitiveness. The Arizona Chamber of Commerce & Industry (Arizona Chamber) highlighted six new laws as giving the state a beneficial boost in...

Arizona Saw Modest Job Gains In August, Report Finds

Sep 29, 2025

By Jonathan Eberle | Arizona added 700 nonfarm jobs in August, a modest increase that ranked the state 31st nationally in monthly job growth, according to a new analysis by the Common Sense Institute (CSI). Nationally, the U.S. economy gained 22,000 jobs, while 18...

Report: Cooling Arizona Housing Market Fails To Ease Affordability Pressures

Sep 26, 2025

By Jonathan Eberle | Arizona’s housing market showed signs of cooling in the second quarter of 2025, but affordability challenges persist, according to a new analysis from the Common Sense Institute (CSI). CSI's Q2 Housing Affordability Report highlights a combination...