Military Economic Impact on Arizona Has Tripled since 2000, Says Report

Governor Katie Hobbs announced the release of the updated Military Economic Impact Report, commonly referred to as the Maguire Report. This report, sponsored by the State of Arizona and supported by the Arizona Department of Emergency and Military Affairs, highlights the significant economic contributions made by Arizona's military bases and National Guard operations to the … [More]

Updated Economic Impact Report Released for New Mega Resort in Glendale

VAI Global Development announced the results of the updated, comprehensive Economic Impact Analysis conducted by Applied Economics for VAI Resort. It highlights the positive contributions that VAI Resort will make to the thriving Glendale community. The updated Economic Impact Analysis underscores the substantial economic benefits that VAI Resort is expected to bring to the … [More]

Black Women Helping Close the Gender Gap as the Fastest Growing Group of Entrepreneurs, Says Report

According to a new report from GoDaddy's Venture Forward research initiative, Black women remain the fastest-growing group of entrepreneurs, more than doubling since August 2019. Black women total 10% of total entrepreneurs surveyed for the latest report, representing a 70% increase in the number of Black women-owned businesses started prior to the pandemic. Overall, … [More]

Distribution Center Is First in Arizona to Receive a Foreign Trade Zone Designation

SKU Distribution, a 3PL warehouse and fulfillment center, is the first in Arizona to receive a Foreign Trade Zone (FTZ) designation. This designation underscores SKU Distribution's commitment to excellence and innovation in providing top-tier logistics solutions for its clients. Foreign-Trade Zones (FTZs) provide special customs procedures that help companies … [More]

October Shows a Slow Start to the Quarter, but Metro Area Still Outperforming National Home Sales Trends

Fourth quarter of 2023 started slow with pending sales down 30.6% from last October, according to the latest data from Phoenix REALTORS. Year-to-date, closed sales are down 17% from the same period the previous year. The numbers follow seasonal trends typical for this time of year, as real estate activity decreases approaching holiday months. "The Phoenix metropolitan area is … [More]

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