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ECONOMY
May Jobs Report: Small Business Hiring Slowed As Labor Cost Concerns Hit Record High
By Ethan Faverino | Small business job openings declined sharply in May while concerns over rising labor costs reached the highest level in the survey’s history, according to the National Federation of Independent Business (NFIB) May Jobs Report released Friday. The...
Republican Lawmakers, Gov. Hobbs Reach Budget Deal Including $1.45 Billion In Tax Relief
By Matthew Holloway | Arizona Republican House and Senate leaders announced a compromise budget agreement with Democratic Governor Katie Hobbs on Tuesday and introduced a series of budget bills for consideration in both chambers. According to a press release by the...
Treasury: $82 Billion In Tax Relief Delivered Under Trump Tax Package
By Matthew Holloway | The U.S. Department of the Treasury reported Tuesday that millions of Americans claimed tax relief under President Donald Trump's Working Families Tax Cuts during the most recent filing season. According to the analysis, low- and middle-income...
Hamadeh Introduces Bipartisan Legislation To Cut Fuel Costs For Service Members And Veterans
By Ethan Faverino | Congressman Abraham Hamadeh (R-AZ-08) has introduced the Military and Veterans Fuel Discount Act of 2026, a bipartisan measure designed to deliver direct financial relief to service members, veterans, and their families by providing discounts on...
Retail Sales Post Seventh Consecutive Monthly Gain In April
By Ethan Faverino | Retail sales increased for the seventh consecutive month in April, highlighting the resilience of American consumers despite rising gas prices and elevated inflation. According to the CNBC/NRF Retail Monitor, total retail sales excluding automobile...
Scottsdale Issues Notice Of Proposed Property Tax Levy Increase, Schedules June Hearing
By Matthew Holloway | The City of Scottsdale has issued a Truth in Taxation notice advising residents that city officials may consider an increase in the primary property tax levy for fiscal year 2026-27 as part of the municipal budget process. According to...
Americans Spending More, Saving Less As Inflation Continues To Outpace Fed Target
By Matthew Holloway | The Joint Economic Committee (JEC) released an update Thursday showing inflation remained above the Federal Reserve’s target in April while consumer spending increased and personal savings declined. According to the JEC’s Monthly Expenditures...
New Report Shows Grand Canyon Ranks As 9th Busiest National Park For Summer RV Visits
By Ethan Faverino | As Summer RV travel peaks across the United States, new research highlights stark differences in crowding at America’s national parks. Arizona’s iconic Grand Canyon National Park stands as a major draw for RV enthusiasts, ranking ninth busiest...
Less Than Half Of Arizona Households Could Afford Mortgage In 2025, Per Report
By Staff Reporter | A new analysis of housing data found that less than half of households in Arizona could afford their monthly mortgage in 2025. A new report from the Common Sense Institute (CSI) determined that only 42% of Arizona households could...
Arizona Added 8,100 Jobs In April, But Long-Term Labor Weakness Remains
By Matthew Holloway | Arizona added 8,100 nonfarm jobs in April, outperforming the national monthly growth rate and ranking 16th among all states and Washington, D.C., according to a new analysis released by the Common Sense Institute (CSI) Arizona. The report, based...
Maricopa County Officials Claim Tax Relief While Seeking Higher Property Tax Levy
By Matthew Holloway | The Maricopa County Board of Supervisors (MCBOS) approved a tentative $4.1 billion FY 2027 budget this week and scheduled a Truth in Taxation hearing over proposed increases in the county’s primary property tax levy and primary property tax rate....
Study Points To Marriage As Key Factor In Reducing Child Poverty In Arizona
By Staff Reporter | Arizona’s rising marriage rate is having a positive impact on its poverty rate, according to a new study. The Center for Arizona Policy (CAP) and the Institute for Family Studies (IFS) published a 75-page report last week assessing the impact of...
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