U.S. Weekly Jobless Claims Fall for Second Straight Week, Sign Job Market Is Tightening

U.S. Department of Labor

In the week ending February 26, the advance figure for seasonally adjusted initial claims was 215,000, a decrease of 18,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 232,000 to 233,000. The 4-week moving average was 230,500, a decrease of 6,000 from the previous week's revised average. The previous week's average was revised … [More]

London-Based Kindred to Expand Sports Betting Footprint in Arizona, Teaming with Turf Paradise

inbusinessPHX.com

Kindred continues to expand their footprint in the U.S. by teaming up with Turf Paradise and obtaining nine Limited Event Wagering Operator (LEWO) licences to operate sports betting in Arizona. The partnership will further increase Unibet brand's awareness in Arizona. Kindred is continuing its expansion in Arizona. Through the partnership with Turf … [More]

Home Prices Hit All-Time High Ahead of Spring Buying Season, Says Report

Realtor.com

New data suggests Spring homebuying fever has already set in, as the U.S. median listing price hit a new all-time high of $392,000 in February, according to the Realtor.com® Monthly Housing Trends Report released today. Additionally, home prices grew at an unusually-fast February pace in many of the 50 largest metros, led by Las Vegas, Miami and Tampa, Fla. with annual … [More]

The Supply Chain Challenge: A Guide for Business Owners in 2022

by Jeff Friesen

Raw material shortages, congested ports, a scarcity of truck drivers and other factors have contributed to major disruptions in the global supply chain. Originally triggered by the COVID-19 pandemic, these ongoing supply chain bottlenecks continue to negatively impact the economy and create ongoing complications for businesses. Within this challenging environment, business … [More]

Phoenix Sky Harbor Launches Virtual Checkpoint Queuing Program for Airport Passengers

inbusinessPHX.com

America's Friendliest Airport® has partnered with Copenhagen Optimization and CLEAR to offer free reservations for TSA Security Checkpoint lines, helping travelers to manage their trips and eliminate uncertainty and stress over how long it will take to wait in line for security. The new pilot program, PHX RESERVE, gives passengers the ability to schedule a specific time to … [More]

Scottsdale-Based Plexus Worldwide Celebrates Donation of 30 Million Meals

inbusinessPHX.com

Plexus Worldwide, one of the largest direct selling health and wellness companies in the world, hit a major milestone by donating 30 million meals** through their Nourish One® initiative to people facing food insecurity. This achievement comes as a result of the efforts of Plexus Brand Ambassadors and team members in their ongoing commitment to fighting worldwide hunger. In … [More]

EVENT – Mar 9: 2022 Marketing Tech Summit, presented by KEO Marketing

Arizona Technology Council

The Arizona Technology Council presents our annual Marketing Tech Summit, presented by KEO Marketing, on Wednesday, March 9, 2022 at Venue8600 from 1:00 – 5:30 PM.   The Marketing Tech Summit is an opportunity for sharing current advances in implementation of communication technology in development of marketing communications. REGISTER … [More]

Share of Digital Mobile Ad Spend Expected to Reach 70% by 2026

inbusinessPHX.com

The digital world is going mobile, which is evident in the advertising projections for the coming years. According to figures presented by StockApps.com, the share of mobile in digital ad spending is expected to grow up to 70% in 2026. In 2021, the percentage of mobile ad spending was 60%. Mobile ad share expected to grow from 44% to 70%. According to numbers obtained … [More]

GO Industrial Buys Land in East and West Phoenix for 1.28M s.f. of Spec Industrial

inbusinessPHX.com

Phoenix-based GO Industrial has purchased land parcels on each side of metro Phoenix for the development of more than 1.28 million square feet in two fully speculative, Class A industrial projects: GO | 99 North and GO | AZ Ave. Representing the broad demand for Phoenix industrial space, the projects are located at Buckeye Road and 99th Avenue in Phoenix’s West Valley, and … [More]

Tips for Employers, Employees during the ‘Great Reshuffle’

inbusinessPHX.com

Express Employment Professionals, a top global staffing firm that operates via local franchises, is on the front lines of this reshuffle. It employed 586,000 people around the world in 2021 and more than 10 million since its inception in 1983. Maricopa County has eight Express locations in Chandler, Mesa, Peoria, Phoenix (Central), Phoenix (Southeast), Phoenix (South), … [More]

Kenect Opens in Downtown Phoenix, Creates One-of-a-Kind Residential and Coworking Community

inbusinessPHX.com

Kenect Phoenix, a new all-in-one social club and apartment community by Chicago-based Akara Partners, announces its grand opening in Downtown Phoenix. Just off the busiest stop along the light rail, across from Central Station, Kenect is located at 355 N. Central Ave., near Arizona State University’s downtown campus, Phoenix Children’s Hospital, ASU Law School and ASU Medical … [More]

Major Health Insurance Co. Launches Foundation for Community and Health Advancement

inbusinessPHX.com

Blue Cross® Blue Shield® announces the launch of the Blue Cross Blue Shield of Arizona Foundation for Community & Health Advancement, building upon the work of BCBSAZ’s public health initiative and expanding efforts to tackle the state’s toughest health challenges. Focusing on mental health, health equity, chronic health conditions, and substance use disorder, the … [More]

5 Ways to Strengthen Your Business Relationships and Grow Your Company 

inbusinessPHX.com

Another record year for entrepreneurship could be in store for 2022. But how many of these new business owners end up succeeding will depend on more than the quality of the products and services they offer. Creating and nurturing customer relationships allow businesses to offer a more personalized and enticing customer experience, which produces the buyer loyalty that is … [More]

invisionAZ and StartUpAZ Announce New Grant Awardees

inbusinessPHX.com

invisionAZ and StartupAZ announce new blocks of EmergeAZ Fast II Grant awardees. In partnership with Governor Doug Ducey, $1.5 million has been allocated to the EmergeAZ Fast II Grant to provide resources to Arizona entrepreneurs and startups with emerging technologies designed to address current and future economic, health, or societal challenges. “The first year of grants … [More]

Queen Creek Named #1 ‘Best City to Raise a Family in 2022’, Vail and Chandler Named #2 and #3

inbusinessPHX.com

Dwellics, the authority in U.S. City Data and personalized advice on where to move, today unveils the 2022 Report, Top 100: Best Cities to Raise a Family in the West. The report analyzes key factors including quality of education, community (percentage of married households with school-aged children), climate comfort (days between 50-90 degrees Fahrenheit), infrastructure … [More]

Black Rock Coffee Bar Opens its Fifth Store in Scottsdale

inbusinessPHX.com

Black Rock Coffee Bar is rapidly growing in the west and it is especially making its mark in Arizona. Today, the popular coffee chain has announced it will open its 25th store in the state and fifth location in Scottsdale. The popular boutique coffee chain is set to open on March 4th. The new 2000-square-foot Black Rock Coffee Bar store will occupy … [More]

MyCarrier Launches New Transportation Management System

inbusinessPHX.com

MyCarrier, provider of the industry's top-rated transportation management system (TMS), announced  that it has expanded MyCarrierTMS, adding three additional packages to its standard carrier-sponsored plan: Startup, Growth and Enterprise. The shipping management platform will now offer powerful new features and capabilities to better meet customer requests and … [More]

Survey Indicates Chip Shortages Will Continue, Explores Impact on Product Design

inbusinessPHX.com

The global component shortage is not only extending order fulfillment and lead times, but is also having a ripple effect on product design. According to the inaugural Avnet Insights, a new survey on the trends and market forces in the electronics industry, design engineers are exploring new ways to get their products to market. Key takeaways: More than … [More]

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