Economy - AZ FREE NEWS

$2 Billion Investment In Silicon Heading To West Valley

Dec 5, 2023

By Daniel Stefanski | Another economic boon is coming to Arizona. On Thursday, it was announced that Amkor Technology would be bringing a multi-billion-dollar campus to Peoria in the next few years. The company will be partnering with Apple to package and test...

Study Shows Arizona Households Must Spend $13,329 More Annually To Get By

Dec 4, 2023

By Daniel Stefanski | Americans are paying the price for an economy seemingly in decline. A recent study, released by CBS News, showed that “the typical American household must spend an additional $11,434 annually just to maintain the same standard of living they...

Consumer Price Index Shows Continued Concerns For Economy

Nov 20, 2023

By Daniel Stefanski | The state of the United States economy continues to concern experts and Americans alike. Earlier this week, the latest Consumer Price Index (CPI) from the Bureau of Labor Statistics noted that the American economy had experienced a 3.2% increase...

High Cost Of Thanksgiving Meal Causes Great Concern For Families

Nov 18, 2023

By Daniel Stefanski | Americans are still paying a lot of money for their Thanksgiving meals this year. This week, the American Farm Bureau released its report on the annual cost of Thanksgiving dinners. The numbers showed that the average cost in 2023 was $61.17,...

Canadians Show Interest In Arizona Economy

Nov 2, 2023

By Daniel Stefanski | Arizona Legislators have an opportunity this week to meet and greet with a Canadian delegation. On Monday, Arizona State Representative David Cook announced that the Delegate General of Québec in Los Angeles, Mr. David Brulotte, would be visiting...

Diamondbacks World Series Appearance Boosts Phoenix Economy

Nov 1, 2023

By Daniel Stefanski | A local team’s unexpected run to the pinnacle of the baseball world has given its city an economic boon. The Arizona Diamondbacks weren’t expected to go too far during the 2023 Major League Baseball postseason, but the team has proven its...

Americans Expected To Spend Big This Halloween

Oct 30, 2023

By Daniel Stefanski | Americans are spending lots of their money on Halloween festivities in 2023. A recent study by the National Retail Federation (NRF) showed that there is likely to be $12.2 billion spent on Halloween this year in the United States. This number is...

Hobbs’ Inaction Resulted In Higher Gas Pump Prices

Oct 20, 2023

By Daniel Stefanski | As Arizonans continue to pay high prices at the gas pumps, a recent revelation exposes a possible contributing factor from the state’s chief executive. On Monday, the Joint Legislative Ad Hoc Study Committee on Air Quality and Energy issued a...

Yee Takes A Stand For Israel, Plans To Increase Investments

Oct 20, 2023

By Daniel Stefanski | One Arizona leader is using her statewide office to support Israel at a time when that nation faces tremendous threats to its security. Arizona State Treasurer Kimberly Yee recently announced that her office “plans to increase Israel bond...

Small Business Optimism Fades Despite Biden Admin Boasting Of ‘Record-Breaking Economy’

Oct 15, 2023

By Daniel Stefanski | The current state of the American economy continues to trouble small business owners. This week, the National Federation of Independent Business (NFIB) released its latest Small Business Optimism Index, showing a drop of a half point during the...

Gas Prices Continue To Cause Hardship Under President Biden

Oct 9, 2023

By Daniel Stefanski | A state representative is expressing disgust with the rising gas prices in Arizona. Last week, Arizona State Representative Teresa Martinez posted a picture of the price of gas at a pump, showing the cost to be $4.899 per gallon. The total cost...

Arizona Commerce Authority May Have Misspent $2.4 Million To Court Private CEOs

Oct 4, 2023

By Corinne Murdock | The Arizona Commerce Authority (ACA) may have misspent $2.4 million to court private CEOs, according to a new report from the Arizona Auditor General (AG). The ACA is a state agency managed as a public-private partnership. The report...