2020 U.S. Housing Market Gains Were Biggest in 15 Years

Zillow

U.S. housing gained nearly $2.5 trillion in value in 2020 -- the most in a single year since 2005, according to a new Zillow® analysis. The full stock of U.S. housing is now worth $36.2 trillion. 2020 was a remarkable year for the housing market. Strong demand drove intense competition among buyers, causing homes to fly off the market at the fastest pace Zillow … [More]

51% of U.S. Small Businesses are Hiring in 2021 Despite Ongoing Effects of Pandemic

The Manifest

Small businesses have faced adverse effects of the COVID-19 pandemic, but may be poised for a year of growth. Half of small businesses in the U.S. (51%) are likely to hire new employees in 2021, according to a new survey from The Manifest, the leading resource for B2B buying decisions. Whether a small business is hiring, however, depends on their revenue projections for … [More]

U.S. Jobless Claims Decrease Slightly as Stimulus Debate Continues

U.S. Department of Labor

In the week ending January 23, the advance figure for seasonally adjusted initial claims was 847,000, a decrease of 67,000 from the previous week's revised level. The previous week's level was revised up by 14,000 from 900,000 to 914,000. The 4-week moving average was 868,000, an increase of 16,250 from the previous week's revised average. The previous week's average was … [More]

How to Protect Your Small Business from COVID Stimulus Scams

BY Charles Jackson

The new stimulus package is providing additional relief to small businesses across the U.S. and the Better Business Bureau is warning that scammers are trying to take advantage of business owners by claiming they’re missing out on pandemic relief. How can business owners ensure they’re not being scammed in their time of need? Stay calm. Many scam artists want you to act … [More]

Order Advances Racial Equity and Support for Underserved Communities through the Federal Government

Office of Federal Contract Compliance Programs

On January 20, 2021, President Biden issued Executive Order 13985, “Advancing Racial Equity and Support for Underserved Communities Through the Federal Government.” This new Executive Order affirmed that “[e]qual opportunity is the bedrock of American democracy and our diversity in one of our country’s greatest strengths.” As part of the order, President Biden revoked … [More]

Protecting Data is Key to Staying in Business 

Woz U

In today’s work-from-home, shop-online, remote-schooling, internet-centric world, cybersecurity should be paramount for every business. Employees may be working from home, sharing an internet-connected computer or workstation with multiple family members, or conducting business from multiple devices. On January 28, Data Privacy Day, Woz U cybersecurity experts are sharing tips … [More]

WEBINAR – Feb 2 and 4: Arizona Small Business Boot Camp & Collective

Arizona Commerce Authority

  UPCOMING SESSIONS Please join us for next week's Boot Camp sessions. If you missed any sessions this week, watch here.   SESSION 116: TUESDAY - February 2 | 9:00 AM The 10 Steps to Starting a Business in Arizona Join us for an informative session that will break down the step-by-step process of starting a … [More]

Development Firm Expands Operations with 4.5M SF of Projects Under Construction

BH DevCo

BH DevCo, a real estate development company specializing in build-to-suit delivery for national tenants in the e-commerce, distribution and fulfillment industries, announced today the firm has experienced strong growth in its first year of operation with a new office location in Phoenix, the addition of two key industry executives to the team, five projects under construction, … [More]

GoDaddy Unveils New Company Logo the ‘GO’: Expands Mission to Empower the Everyday Entrepreneur

GoDaddy

GoDaddy Inc., the company that empowers everyday entrepreneurs, today revealed its new logo that captures the company's unique ability to enable, connect and champion millions of people around the world who are making their own way as entrepreneurs. GoDaddy's new logo, called the "GO," is a joyful reflection of how GoDaddy celebrates everyday entrepreneurs from all walks of … [More]

ASU Announces Innovative New Partnership to Expand Access for In-Demand Advanced Skills Programs

Arizona State University

Individuals looking to jumpstart careers in the growing fields of data science, software engineering, and website and app design, are now able to take advantage of a new online training program through Arizona State University and Chegg, Inc.’s career accelerator, Thinkful. Learners who enroll in one of the training programs can choose to study either full-time or … [More]

Pandemic Leads to Sharp Pullback in Commercial and Multifamily Construction Starts in 2020, Only Phoenix Up (by 32%)

Dodge Data & Analytics

The value of commercial and multifamily construction starts in the top 20 metropolitan areas of the U.S. lost 23% in 2020, falling to $111.1 billion according to Dodge Data & Analytics. Nationally, commercial and multifamily starts tumbled 20% over the year to $193.4 billion. Commercial and multifamily construction starts in the top 10 metro areas dropped 23% during the … [More]

Kids Earn Over $7 Million through BusyKid

BusyKid

2020 was the kind of year everyone would like to forget, but kids around the United States used the BusyKid app to turn a world health crisis into money, and lots of it. BusyKid is the chore and allowance app that helps kids earn, save, share, spend and invest allowance, and last year, kids earned $7.1 million, more than double the earnings in the app's first … [More]

Ducey Issues Advisory to Accelerate COVID-19 Vaccine where Best Distributed

Rick McCartney

Governor Doug Ducey issued an advisory to accelerate the statewide distribution of the COVID-19 vaccine and move doses of vaccine to where they can be rapidly administered to the Arizonans. “The COVID-19 vaccination is our best shot at returning to life as it should be. Over the last two weeks, the COVID-19 vaccination site at State Farm Stadium has become a national model … [More]

SBA Takes Steps to Improve First Draw PPP Loan Review

U.S. Small Business Administration

The U.S. Small Business Administration is taking steps to improve the First Draw Paycheck Protection Program loan review so that small businesses have as much time as possible to access much needed PPP funds. The Biden-Harris Administration is focused on ensuring small businesses receive the support they need to keep their doors open and continue to employ millions of Americans … [More]

Teaming Up for Takeoff: 6 Teamwork Strategies that Are Out of this World

by Dr. Rhea Seddon

Six men and I sat atop four and a half million pounds of explosives waiting for the fuse to be lit to begin our flight on the Space Shuttle Discovery. We knew that for the next seven days our lives would depend on our acting synergistically. If anything went awry during the flight, if we didn’t work together, we might not make it home safely. How did we come to that moment … [More]

BBB Tip: Economic Impact Payments Are Coming Via Mailed Debit Cards

BBB Serving the Pacific Southwest

Many Americans have received their second stimulus check or Economic Impact Payments (EIP), either by direct deposit to their bank account or in the form of a mailed check, which is still ongoing. However, it was recently announced by the Department of the Treasury that debit cards are being sent by the IRS as part of the plan to deliver EIP payments as rapidly as … [More]

Two Tapped to Lead Statewide Bioscience Committee

inbusinessPHX.com

A medical-technology executive and a former state legislator have been named the new leaders of Arizona’s statewide committee overseeing the advancement of the state’s bioscience ecosystem. Eve Ross, a retired W.L. Gore & Associates executive, is serving as chair and Heather Carter, executive vice president of Greater Phoenix Leadership, as vice chair of Arizona’s … [More]

WEBINAR – Feb 3: Selling to the Federal Government (Virtual Workshop)

U.S. Small Business Administration - Arizona

Small business contractors continue to play an important role in helping federal agencies to respond during the COVID-19 pandemic. Opportunities remain available for small businesses to bid on contracts and contribute to the mission of agencies. Join us for an overview of how to sell to the federal government, to include SBA programs and certifications to assist your small … [More]

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