Arizona companies exported a record amount of goods in 2023, Governor Hobbs announced in her International State of the State address. Exports grew to $28.79 billion in 2023, a 5.5% increase ($1.5 billion) over the previous year. Arizona’s growth bucks the trend for the U.S., which saw exports decrease by 2.2% in 2023. “A testament to the strength and diversity of the … [More]
Phoenix Leads the U.S. Data Center Market in Average Asking Rates
North American data center pricing approached record levels in 2023, with Phoenix boasting some of the highest average asking rates ($170 – $200) for 250-500 kilowatt (kW) per month, according to CBRE’s latest North American Data Center Trend Report. Leasing activity remains strong, and renewal rates increased by 20% from H2 2022 to H2 2023. The Valley's vacancy rate is 3.9%, … [More]
SRP Boosts City of Phoenix’s Effort to Install Electric Vehicle Chargers at Public Libraries across the City
New Justice40 Rebate supports underserved communities with more access to public charging
In a major initiative that began in 2023, the City of Phoenix, with support from SRP, has successfully installed electric vehicle (EV) chargers at six Phoenix Public Library locations throughout the city. These six locations are within SRP’s service territory, and each charging station offers two charging ports for library visitors to plug in. The installation of … [More]
Nonprofit Launches New ‘Fair Chance’ Program from $500,000 Chase Foundation Grant
Valley of the Sun United Way is forming a new Fair Chance Collaborative to help address the multi-dimensional needs of individuals in the Phoenix metropolitan area who have been involved with the justice system. The Collaborative was catalyzed by a $500,000 investment from the JPMorgan Chase Foundation. The new Collaborative will build off existing efforts and explore … [More]
The Typical Homebuyer’s Down Payment Is $56,000, Up 24% from a Year Ago
The median down payment for U.S. homebuyers was $55,640 in February, according to a new report from Redfin, the technology-powered real estate brokerage. That’s up 24.1% from $44,850 a year earlier—the largest annual increase in percentage terms since April 2022. Phoenix Metro home purchases made in cash were down 6.1 percentage points from a year earlier—the fifth largest … [More]
WEBINAR – Apr 16: Constructing and Updating Your Core Marketing Message
UPCOMING SESSIONS Join us for an Arizona Small Business Boot Camp! Constructing and Updating Your Core Marketing Message 4/16/2024 | 9:00 AM Join Duke Merhavy as he provides businesses with the necessary information to help put together a winning core marketing message. REGISTER NOW … [More]
Take Charge America Names New CEO
Take Charge America, a national leader in nonprofit credit counseling and debt management, announced today that Manuel Salazar has been appointed CEO. With a strong focus on service innovation and meeting consumers’ diverse debt relief needs, Salazar oversees the greater execution of Take Charge America’s vision to serve as a lifelong resource for individuals and families … [More]
