Economy - AZ FREE NEWS

Arizona Ranks In Top Ten Among States With Most Credit Cards

Jan 2, 2024

By Corinne Murdock | The state of Arizona is among the top ten in the nation for having the most credit cards. According to a new study by WalletHub, Arizonans rank ninth among all states concerning credit card ownership. The average Arizonan...

Arizona’s New Minimum Wage Will Be Ninth Highest In The Country

Dec 30, 2023

By Corinne Murdock | Minimum wage in Arizona will rise to over $14 an hour in the new year, a 50-cent increase from the previous amount of over $13. At $14.35, that will make Arizona the state with the ninth-highest minimum wage in the country. Only...

Rep. Lesko Blames ‘Bidenflation’ For Lack Of Christmas Decorations

Dec 17, 2023

By Corinne Murdock | Rep. Debbie Lesko’s office showed off this year’s Christmas decorations available to them due to “Bidenflation”: a single, plain sign poking fun at historic inflation rates. “Due to Bidenflation all we could afford was this crummy sign,” read the...

Republicans Hope To Lower Gas Prices For Arizona Drivers

Dec 15, 2023

By Daniel Stefanski | On Wednesday, Republican lawmakers held a press conference to announce their plan to “ease the financial burden hitting hardworking Arizonans when they fill their gas tanks…by addressing fuel blend requirements in Arizona.”...

Rep. Crane: ‘Idiotic’ Biden Administration To Blame For Energy, National Security Crises

Dec 5, 2023

By Corinne Murdock | Rep. Eli Crane (R-AZ-02) says that President Joe Biden’s energy policies are to blame for the burgeoning energy and national security crises. Crane linked the crises to “idiotic” actions by the Biden administration, citing the...

$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...