Economy - AZ FREE NEWS

Two Republican Housing Bills Signed Into Law

May 31, 2024

By Daniel Stefanski | Two Arizona Republican bills to tackle the state’s deepening housing crisis were recently signed into law. Last week, Governor Katie Hobbs signed HB 2720 and HB 2721. HB 2720 “establishes requirements relating to accessory dwelling units” –...

Fast Food Prices Have Skyrocketed Under Biden

May 22, 2024

By Elizabeth Troutman | Fast food prices have skyrocketed during the Biden administration, according to a graph shared on X by the account End Wokeness. https://twitter.com/EndWokeness/status/1792899395802796490 Prices as measured by the seasonally adjusted Consumer...

Schweikert Raises Alarm About State Of Social Security Benefits

May 16, 2024

By Elizabeth Troutman | Arizona Republican Rep. David Schweikert urged Americans to take “our fiscal responsibility” seriously in light of the Social Security Administration’s 2024 Trustees Report. “I implore my brothers and sisters to take our fiscal...

Shope Calls Out Biden And Hobbs For Aiding Economic Ailments

May 11, 2024

By Daniel Stefanski | One Arizona Republican lawmaker is speaking out against Democrats’ economic policies. Senate President Pro Tempore T.J. Shope recently addressed the economic pains being felt by his constituents – as well as many Arizonans around the state. He...

Arizona Boasts Third Best Economic Climate

Apr 22, 2024

By Elizabeth Troutman | Arizona is the state with the third best economic climate, according to a new report from the American Legislative Exchange Council (ALEC). “Arizona’s high ranking is a direct result of significant pro-growth income and property tax reform...

Most Employees Actually Want To Go Into Work, Survey Shows

Apr 21, 2024

By Elizabeth Troutman | Seven in 10 workers don’t wanna work from home, according to a ResumeBuilder.com survey of 1,250 full-time workers. While 70% don’t want to be fully remote, 40% want to be fully in-person, and 32% prefer hybrid work. Employees cited...

Rep. Schweikert: Phoenix Residents Are Poorer Under Biden By 24 Percent Or More

Apr 20, 2024

By Staff Reporter | Rep. David Schweikert (R-AZ-01) gave a brief rundown on the state of his constituents’ financial well-being under Biden before Congress on Tuesday. Schweikert said that his district consists of some of the more well-off, educated, and...

Rep. Biggs Blames ‘Bidenomics’ As Gas Prices Soar Again

Apr 8, 2024

By Staff Reporter | Rep. Andy Biggs (R-AZ) says “Bidenomics” is to blame for the surging gas prices in his district, the fifth congressional district. According to Biggs, “Bidenomics” includes a “war on domestic energy,” meaning the oil and gas industry. The...

Arizona Diamondbacks’ Postseason Success Contributed $107.6 Million To The State’s GDP

Apr 1, 2024

By Daniel Stefanski | The Arizona Diamondbacks and the City of Phoenix are hoping for another extended postseason run from the boys of summer in 2024. Just before the D-Backs kicked off their new season, Arizona State University’s Seidman Research Institute conducted...

2024 Easter Spending Projected To Come Near Last Year’s Record High

Mar 30, 2024

By Staff Reporter | Inflation hasn’t discouraged Americans from spending to celebrate the upcoming Easter holiday. Analysts project a spending total surpassing $22 billion, with consumers explaining to them that Easter is an important tradition. Despite record...

Home Builders Say Gov. Hobbs’ Home Building Moratorium Will Hurt Economy

Mar 27, 2024

By Corinne Murdock | Home builders are warning that Gov. Katie Hobbs’ moratorium on home building will hurt the state’s economy severely. The Home Builders Association of Central Arizona (HBACA) cited a recent study by Elliott Pollack, a...

Air Force Retires Warthog, Threatening Tucson Economy

Mar 25, 2024

By Elizabeth Troutman | The U.S. Air Force has plans that are expected to further devastate Tucson’s economy. The Air Force plans to divest the entire fleet of A-10 aircraft within the next three to five years. Pilots and maintainers at Davis-Monthan will move...