Economic Growth Rate Slows to 2%, Sharp Decline in Consumer Spending

Bureau of Economic Analysis

Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the third quarter of 2021 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 6.7 percent. The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source … [More]

U.S. Weekly Jobless Claims Fall to New Pandemic Low of 281,000

U.S. Department of Labor

In the week ending October 23, the advance figure for seasonally adjusted initial claims was 281,000, a decrease of 10,000 from the previous week's revised level. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The previous week's level was revised up by 1,000 from 290,000 to 291,000. The 4-week moving average was 299,250, a decrease of … [More]

Employee Retention Woes Playing Havoc with Marketing Data

MountainTop Data

From data collection to creating B2B lists for potential leads, marketing has been seriously impacted by the COVID-19 pandemic. The biggest factors being the increase in people working remotely and the phenomenal turnover rate businesses are experiencing. Recent statistics have shown that one-third of new employees are quitting after about six months. According to the … [More]

Starbucks Makes Historic Investments In Employees

Starbucks

Starbucks Coffee Company announced a wave of investments for its partners (employees), building on its 50-year history and tradition of listening and learning, while investing its success back into its people. Announcements of both operational and wage investments for U.S. partners and company-operated stores are designed to retain and recruit the best people and affirm … [More]

Millions Qualify for Health Insurance Subsidies and Don’t Even Know It

Healthinsurance.org

With larger subsidies available and new carriers entering the marketplace, this year’s open enrollment period for Affordable Care Act plans will be a welcome surprise to many American consumers, healthinsurance.org said today. “For millions of Americans, this will be an open enrollment period unlike any other,” said Louise Norris, a licensed broker and analyst for … [More]

WEBINAR – Nov 9: The ABCs of Small Business Start Up

Arizona Commerce Authority

UPCOMING SESSIONS Please join us for the upcoming Boot Camp sessions. If you missed any sessions this week, watch here. SESSION 201: Tuesday - November 9 | 9:00 AM The ABCs of Small Business Start Up Are you considering starting your own business but don't know where to begin? Join us for a special Arizona Small Business Boot Camp session as … [More]

Barrett-Jackson HUMMER EV and Auction Experience Offered as Part of Legendary Neiman Marcus Fantasy Gifts

Barrett-Jackson

Barrett-Jackson, the World’s Greatest Collector Car Auctions, today announced that the company would be a part of the legendary 2021 Neiman Marcus Fantasy Gifts. One of seven luxurious gifts unveiled yesterday during an event at Paramount Pictures Studios in Los Angeles, this Barrett-Jackson Fantasy Gift includes a one-of-one Barrett-Jackson HUMMER EV Edition 1, created … [More]

Global Law Firm Launches Renewable Energy End-of-Life Planning Group

Lewis Roca

More than 40 years of renewable energy investment in the U.S. has led to the current installment of 550,000 acres of solar capacity and 67,000 individual wind turbines. As these numbers continue to grow, powered by a widespread commitment to clean power generation, so does the need to manage the industrial materials used in that process throughout their full lifecycle. Toward … [More]

Harvard Investments, Toll Brothers, and Värde Partners Acquire Estrella under Joint-Venture Partnership

inbusinessPHX.com

Harvard Investments, Toll Brothers, and Värde Partners announced today they formed a joint venture to acquire the remaining undeveloped land in Estrella, a mixed-use master-planned community located in Goodyear, Ariz. The acquisition includes more than 18,000 acres of entitled land. This purchase is one of the largest acquisitions of an active master-planned community in … [More]

EN NEGOCIOS: Entender los 3 tipos de solicitudes en el proceso de adquisiciones

por Edgar R. Olivo

La redacción de propuestas es una habilidad clave que los propietarios de pequeñas empresas deben desarrollar para hacer negocios con organizaciones más grandes que cuentan con sistemas de adquisiciones para satisfacer sus necesidades de bienes y servicios. Hay algunas definiciones clave dentro del proceso de adquisición que una pequeña empresa debe conocer para tener éxito en … [More]

Understanding the 3 Types of Requests in the Procurement Process

by Edgar R. Olivo

Writing proposals is a key skill small-business owners must develop to do business with larger organizations that have procurement systems in place to supply their need for goods and services. There are a few key definitions within the procurement process that a small business must know to be successful in bidding for opportunities that exist in the marketplace. First, a … [More]

Cooling Or Collapsing? Key Factors to Consider about the Housing Market

inbusinessPHX.com

Author Who Detailed Plight Of Fannie Mae, Freddie Mac Says Government Must Fill Gap For Minorities, Middle Class To Access Mortgages. The question: With the mortgage forbearance program winding down and housing inventory hitting a 40-year low, where is the housing market headed amid dynamics of the COVID-19 pandemic? Shades of 2008? When the U.S. housing market collapsed … [More]

Talent Development Platform to Maximize Workplace Cultural Intelligence

KeepWOL

KeepWOL (Keep Wondering Out Loud), a leading developer of immersive learning and development solutions, today announced the launch of an on-demand SaaS platform that provides a digital library of live multiplayer games that cultivate employee development in various areas. The impact of each KeepWOL session is tracked by data collected within the platform providing … [More]

Arizona Commerce Authority Hosts Milestone 200th Small Business Boot Camp

Arizona Commerce Authority

The Arizona Commerce Authority (ACA) will host the 200th Small Business Boot Camp on November 4. Launched in April 2020 as a six-week program to help small businesses respond to the immediate impacts of the pandemic, the Small Business Boot Camp has developed into a comprehensive resource for small businesses. The first-of-its-kind program connects entrepreneurs and small … [More]

Agent-Allied Homeward Expands Footprint into Phoenix Metro Market

Homeward

Homeward, a modern home finance company that enables real estate agents to give every client the negotiating power of cash, has expanded its markets to include Phoenix. Phoenix was an obvious choice for Homeward, which already operates in Texas, Georgia, and Colorado, for several reasons. As of July 2021, cash transactions as a percent of home sales were 23% compared to 15% … [More]

U.S. News 2022 Best Global Universities Rankings Includes UArizona (#99) and ASU (#165)

U.S. News & World Report

U.S. News & World Report, the global authority in education rankings, today published the 2022 edition of the Best Global Universities rankings. The new edition evaluates more than 1,700 schools in the overall ranking – up from nearly 1,500 last year – on academic research and reputation. The U.S. leads the overall ranking, with schools in the top four spots. … [More]

Pet Ownership Soars among Home Buyers, Influencing Purchase Decisions

Zillow

New Zillow datai finds pandemic pet ownership is soaring among home buyers, impacting the types of homes they are likely to buy. Zillow's 2021 Consumer Housing Trends Report finds nearly three-quarters of home buyers report having at least one pet at home (73%), a big jump from the 64% of buyers who reported having a pet in 2020. Pet owners are more likely to … [More]

Rising Rates Expected to Dull House-Buying Power, According to House Price Index

First American Financial Corporation

First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the August 2021 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes on … [More]

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