Economy - AZ FREE NEWS

U.S. Economy Adds 165,000 Jobs In October As Arizona Employment Declines

Nov 9, 2026

By Ethan Faverino | The U.S. economy added 165,000 jobs in October, significantly exceeding economists’ expectations, while Arizona reported a slight decline in payroll employment and an unemployment rate above the national average, according to the latest employment...

U.S. Holiday Retail Sales Projected To Top $1 Trillion For First Time

Nov 4, 2026

By Ethan Faverino | Holiday retail sales in the United States are projected to exceed $1 trillion for the first time in 2026, according to a new forecast from the National Retail Federation (NRF). The milestone comes despite persistent inflation, rising gas prices,...

Rep. Crane, HUD Secretary Discuss Cutting Red Tape To Expand Affordable Housing

Oct 28, 2026

By Matthew Holloway | U.S. Rep. Eli Crane (R-AZ02) joined Housing and Urban Development (HUD) Secretary Scott Turner at a Champion Homes facility to discuss reducing regulatory barriers and expanding affordable housing. In a statement on X, Crane thanked Champion...

Unemployment Fell In 17 States In September, But Not Arizona

Oct 25, 2026

By Staff Reporter | The latest federal unemployment report reveals that unemployment fell in 17 states — but not Arizona. The Joint Economic Committee’s (JEC) monthly State Employment Update reported that unemployment fell in 17 states and D.C., rose in nine states,...

Schweikert Proposes Merit-Based Immigration System To Strengthen U.S. Economy

Oct 23, 2026

By Ethan Faverino | Arizona Congressman David Schweikert (R-AZ-01), chairman of the Joint Economic Committee (JEC), introduced legislation aimed at overhauling the nation’s employment-based immigration system to prioritize highly skilled workers, strengthen economic...

SBA Offers Disaster Loans To Businesses Affected By Grand Canyon Flooding

Oct 20, 2026

By Ethan Faverino | The U.S. Small Business Administration (SBA) announced the availability of low-interest federal disaster loans for small businesses and private nonprofit organizations experiencing financial losses from flash flooding at Grand Canyon National Park...

Federal Interest Payments Could Consume More Than Half Of Tax Revenue By 2036

Oct 18, 2026

By Ethan Faverino | Federal interest payments could consume more than half of federal tax revenue by 2036, as rising borrowing costs and mounting national debt threaten the nation’s long-term fiscal stability, according to a new report from Congress’ Joint Economic...

Halloween Spending Expected To Reach Record $13.5 Billion In 2026

Oct 8, 2026

By Ethan Faverino | Americans are expected to spend $13.5 billion on Halloween this year, surpassing last year’s record of $13.1 billion, according to the National Retail Federation’s (NRF) annual consumer survey conducted by Prosper Insights & Analytics. The...

Small Business Organization Endorses Six Arizona Congressional Candidates Ahead Of November Election

Oct 5, 2026

By Ethan Faverino | The National Federation of Independent Business (NFIB) announced its endorsement of six Arizona congressional candidates ahead of the November general election, citing their positions on policies affecting small businesses and economic growth. The...

Consumer Spending Rose In August As Inflation Remained Above Fed Target

Oct 4, 2026

By Ethan Faverino | American consumer spending increased in August as inflation remained above the Federal Reserve’s 2% target and the personal savings rate declined, according to the latest economic updates released by Congress’ Joint Economic Committee (JEC). The...

JEC: Arizona Households Faced $4,427 Less In Inflation Costs Under Trump Than Biden

Sep 22, 2026

By Staff Reporter | A new study from the Joint Economic Committee (JEC) found that household inflation has been lower this presidential term than the last. The JEC published a data brief on Thursday that reflected that the average household faced $2,881 less in...

U.S. Deficit Reaches $1.97 Trillion With One Month Left In Fiscal Year 2026

Sep 19, 2026

By Ethan Faverino | The federal government recorded a nearly $167 billion budget deficit in August, bringing the total shortfall for Fiscal Year 2026 to nearly $2 trillion with one month remaining in the fiscal year. According to the latest Monthly Fiscal Update...