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ECONOMY
Holiday Retail Sales On Upward Trajectory Even If Not Back To Pre-Pandemic Level
By Terri Jo Neff | In October, the National Retail Federation projected nearly $860 billion in 2021 holiday sales, bolstered by customers planning to spend more than 2020. Online retailers and the brick-and-mortar type retailers were also told to expect one-half of...
Protecting Arizona Businesses And Public Entities From Growing Threat Of Ransomware Attacks
By Terri Jo Neff | According to cybersecurity experts, anyone with a computer connected to the internet is at risk of a ransomware attack which involves a malware designed to encrypt files on a victim’s device, rendering the files and ultimately the systems which...
Senator Kelly’s Claims On Biden’s $4 Trillion Plan Conflict With Congressional Estimates
By Corinne Murdock Senator Mark Kelly (D-AZ) claimed that the Biden Administration’s spending plan, the Build Back Better Act that could cost over $4 trillion, wouldn’t raise taxes for the lower and middle classes and would be paid for in full during an interview with...
Small Business Saturday Seeks Shoppers’ Attention Amid Black Friday And Cyber Monday
By Terri Jo Neff | With the National Retail Federation estimating that 2 million more people will do holiday shopping between Thanksgiving Day and Cyber Monday, Arizona’s leading small-business association is reminding shoppers of the upside to reserving some of that...
Arizona Among States Worried Banking Industry Being Used As Pawn Against Law-Abiding Energy Companies
By Terri Jo Neff | A partisan effort to make it harder for fossil fuel-based energy companies to obtain bank financing and banking services prompted a warning letter to the U.S. banking industry on Nov. 22 from the top financial officers of several states, including...
Job Creators Network Says Biden Trying To Turn Business Owners Into Health Police
By Terri Jo Neff | Yet another business advocacy group is challenging President Joe Biden’s continued calls for employers to implement COVID-19 vaccination mandates in the face of constitutional challenges. “This mandate is not a small ask of America's employers....
Opposition Grows To Biden’s Comptroller Of Currency Nominee Who Wants Radical Reform Of Banking System
By Terri Jo Neff | A letter sent last week to President Joe Biden by Arizona Treasurer Kimberly Yee and the top financial officers of 17 other states is drawing attention to the growing bipartisan opposition to Biden’s nominee for Comptroller of the Currency. ...
Arizona Projected To Add More Than 700,000 Jobs By 2030
Over 700,000 jobs are expected to be created in Arizona in the next decade, according to a new report from the Arizona Office of Economic Opportunity (OEO). According to the OEO report, Arizona employment is projected to increase from 3,030,216 jobs in 2020...
Business Group Calls For State Lawmakers’ Immediate Attention To Supreme Court Ruling
By Terri Jo Neff | Earlier this month the Arizona Supreme Court agreed with a lower court’s ruling that parts of 4 of the 11 budget bills signed into law by Gov. Doug Ducey this summer are unconstitutional on procedural grounds. The reaction from business owners and...
Business Executive Warns Federal Budget Bill Will Stunt Arizona’s Economic Growth
By Terri Jo Neff | On Monday, the CEO of Phoenix-based Ritoch-Powell and Associates warned of the impacts of the corporate tax increase and cuts to deductions currently included in the Biden Administration’s federal budget bill. “These tax increases mean business...
Copper Mine From 1880s Set To Reopen In 2022 To Advantage Strong Pricing
By Terri Jo Neff | Excitement is growing in northern Cochise County after the announcement that multiple jobs will be created in early 2022 when Excelsior Mining Corp. reactivates the historic Johnson Camp Copper Mine which was first opened in the 1880s about 65 miles...
American Legion Preps For National Convention In Phoenix
By Terri Jo Neff | More than 7,500 members of the American Legion family are expected to converge at the Phoenix Convention Center later this month for the 102nd National Convention of the American Legion and the 100th Convention of the American Legion Auxiliary. The...
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