The Arizona Commission on the Arts is pleased to announce the hiring of Christina You-sun Park as the new Executive Director. Park will officially join the staff this Friday, June 21. The announcement comes a day after Governor Katie Hobbs signed the State's budget for Fiscal Year 2025. The budget includes a one-time appropriation of $2 million for the Arizona Commission on … [More]
Arizona Wins Fourth Consecutive Gold Shovel Award Recognizing Significant Economic Development Efforts
LG Energy Solution’s $5.5 billion investment in Queen Creek wins ‘Manufacturing Project of the Year’
Arizona was awarded a prestigious “Gold Shovel” award from Area Development magazine in the 5-8 million population category, marking the state’s fourth consecutive gold shovel. The Shovel Awards recognize states that “garnered large job-creating and investment projects through innovative policies, infrastructure improvements, and other processes that attracted new employers as … [More]
Small Business Economic Trends: Construction, Manufacturing, Retail, and Services Industries Survey
Survey focuses on the construction, manufacturing, retail, and services industries
The NFIB Research Center released an industry-specific quarterly Small Business Economic Trends survey highlighting the construction, manufacturing, retail, and services industries. “In general, small business owners are not optimistic about the economy and the future of their business conditions,” said Holly Wade, Executive Director of NFIB’s Research Center. “The survey … [More]
Arizona Cybersecurity Company Awarded for its Innovative Technology
Lumifi recognized as the most innovative company globally in managed detection and response
Lumifi Cyber, Inc., a next-generation leader in the cybersecurity space, was named a winner of the Global InfoSec Awards 2024 as the Most Innovative Company in Managed Detection and Response (MDR). Organized by Cyber Defense Magazine, this awards program recognizes cybersecurity companies that manage, create, and provide the most respected information security products and … [More]
Healthcare Innovator Recognized for Driving Business Growth
Lytle Is Addressing Health Inequities and Leading the Change Toward Value-Based Care in the U.S. Healthcare System
Ernst & Young LLP announced that Hugh Lytle, Founder, Chairman and CEO of Equality Health was named an Entrepreneur Of The Year® 2024 Pacific Southwest Award winner. Entrepreneur Of The Year is the preeminent competitive awards program for entrepreneurs and leaders of high-growth companies. Lytle was selected by an independent judging panel made up of previous award … [More]
Phoenix Industrial Real Estate Market Is a Bright Spot in Today’s Economic Climate
Positive net absorption, continuing expansion by key players, strong pre-leasing and lower construction starts drive positive outlook
Thompson Thrift, a full-service nationally recognized real estate company engaged in industrial, commercial, multifamily, mixed-use and retail projects across the country, shared insights on the current state of the Phoenix industrial market and why they feel notable plans for near-term investment demonstrate a promising outlook for the future of the market. "While national … [More]
Home Prices Hit New High, but Buyers Gain Power as Stale Listings Pile Up and Price Drops Become More Common
Pending home sales fell 3.8%, the biggest year-over-year decline in nearly four months, during the four weeks ending June 16. That’s according to a new report from Redfin, the technology-powered real estate brokerage. Buyers are shying away from earlier steps in the house-hunting process, too: Redfin’s Homebuyer Demand Index, a measure of requests for tours and other … [More]
