A new report comparing state economies ranks Arizona no. 1 for economic performance over the last decade. The latest Rich States, Poor States analysis from the American Legislative Exchange Council gave Arizona the highest marks in the country in its annual ranking based on the state’s Gross Domestic Product (GDP), population, and job growth. This year’s survey is the first … [More]
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Saudi Green Initiative Is Lucrative Deal for Arizona-Built Lucid EVs
inbusinessPHX.com
Lucid Group, Inc., setting new standards with the longest-range, fastest-charging electric car on the market, today announced an agreement with the Government of Saudi Arabia, under which the Government will purchase up to 100,000 vehicles over a ten-year period, with an initial commitment to purchase 50,000 vehicles and an option to purchase up to an additional 50,000 vehicles … [More]
Their Take: AZ Is Fostering Job Growth, Higher Revenues, and a Better Economic Climate for Taxpayers
inbusinessPHX.com
Common Sense Institute (CSI) released The Economic Implications of Repealing the 3.50% Surcharge & Moving to a 2.50% Flat Income Tax. In 2020, the simplicity and relatively low tax rate enjoyed by Arizona residents was put in jeopardy after the passage of Proposition 208. The measure would have imposed a new surcharge on incomes over $250,00 and raised the state’s top … [More]
Arizona Climbed to #4 Best in Chief Executive’s 2022 Best & Worst States for Business Ranking
inbusinessPHX.com
In what’s become an annual rite of spring for our Best States & Worst States for Business survey of CEOs, Texas and Florida held on to their No. 1 and No. 2 spots this year, continuing their long-running lock on the top of the rankings. Based on polling of nearly 700 CEOs and business owners from every U.S. state, conducted in January and February 2022, the Lone Star … [More]
PREVIEW: What to Look for in the First Quarter 2022 GDP Report
by Dean Baker
The main story in the first quarter is likely to be a sharp slowing in GDP growth from the extraordinary 6.9 percent pace of the fourth quarter of 2021. The biggest factor in this slowing will be a slower pace of inventory accumulation. Inventory growth added 5.3 percentage points to GDP growth in the fourth quarter. Inventories are expected to continue growing in the first … [More]
How Digital Transformation Is Changing Project Management
inbusinessPHX.com
The COVID-19 pandemic has revealed how important it is for businesses to adopt digital processes. Many companies closed largely because they didn’t digitize, but for other firms, the pandemic accelerated their digital transformation. In the midst of this massive change, project management’s role has shifted but remains crucial to helping improve overall efficiency and … [More]
DAY 2: PHX Startup Week 2022
inbusinessPHX.com
It's DAY 2 of PHX Startup Week 2022! Today's sessions include the popular Founder F Ups panel, venture development success models and why ESG principals matter to your start up. Lots of great content! We hope you join us for happy hour at AZ Wilderness after - all are welcome! Be sure you have download the Whova app to connect with everyone and access session details. Event … [More]
Nationally Recognized Law Firm Announces Office in Phoenix
inbusinessPHX.com
Holtzman Vogel Baran Torchinksy & Josefiak PLLC, a nationally-recognized law firm specializing in government, regulatory matters and litigation, is pleased to announce it will be launching a regional office in Phoenix. On Tuesday, April 26, the firm will commemorate the opening of its new office at The Esplanade by hosting the Arizona Chamber of Commerce & Industry for … [More]
5 Steps Business Owners Can Take to Manage Surging Inflation
inbusinessPHX.com
The U.S. economy has been hit by one thing after another the past couple of years – COVID-19 and the resulting supply chain issues, a labor shortage, Russia’s invasion of Ukraine, and high inflation. Small business owners are feeling the brunt of it, and many aren’t confident that economic conditions will improve any time soon. The Small Business Optimism Index was down 2.4 … [More]
