Small Businesses Struggle with Inflation, Labor Shortages

NFIB’s Small Business Optimism Index declined 0.8 points in October to 91.3, which is the 10th consecutive month below the 49-year average of 98. Thirty-three percent of owners reported that inflation was their single most important problem in operating their business, three points higher than September’s reading and four points lower than July’s highest reading since the … [More]

Nikola Partners to Accelerate Charging Infrastructure Solutions

Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, and ChargePoint Holdings, Inc., a leading electric vehicle (EV) charging network, today announced a partnership to accelerate the deployment of electric vehicle charging infrastructure for fleets across the U.S. The collaboration will enable Nikola and the Nikola … [More]

Phoenix-Based Healthy Fast-Food Alternative Co. Expands to Second State Outside of Arizona

Salad and Go, an emerging QSR industry disruptor committed to revolutionizing fast food, announced today its entry into Oklahoma beginning with two new locations opening this month in Oklahoma City. Salad and Go’s inaugural Oklahoma stores are both set to open November 15 in Oklahoma City. These stores will mark the start of rapid brand expansion across the state of Oklahoma … [More]

Construction of Phoenix Industrial Space Hits 40.9 MSF

The amount of industrial space under construction in Greater Phoenix hit 40.9 million square feet at the end of third quarter 2022, indicating the furious pace that developers have taken to satisfy historic demand in the marketplace.  While construction levels have risen, so have rental rates with a remarkable 22.9 percent increase from a year ago. Net absorption of … [More]

Higher Share of Americans Plan Holiday Hotel Stays This Year, Says Survey

The share of holiday travelers who plan to stay in hotels is up this year, and hotels are the top lodging choice among those certain to travel for leisure in the next three months, according to a new national Hotel Booking Index Survey commissioned by the American Hotel & Lodging Association (AHLA) and conducted by Morning Consult. AHLA’s Hotel Booking Index (HBI) is a … [More]

Prestamos CDFI to Provide Emerging Micro-Entrepreneurs Help to Gain Access to Capital Grants

Prestamos CDFI, a division of Chicanos Por La Causa (CPLC), is excited to be the recipient, for a third year in a row, of the U.S. Small Business Administration (SBA) Program for Investment in Micro-Entrepreneurs (PRIME). Through this grant, Prestamos CDFI will be able to support 700 disadvantaged small businesses by providing training and technical assistance, including … [More]

Southwest CPA Firm Merges with Phoenix Group, Expanding Arizona Presence

REDW LLC, which has offices in Phoenix, Albuquerque and Oklahoma City and is one of the Southwest’s 10 largest advisory and CPA firms, has announced that Phoenix-based tax and accounting firm Edwards, Largay, Mihaylo & Co., PL has joined with REDW effective October 31, 2022, increasing REDW’s Phoenix office to nearly 100 team members. What started as casual conversations … [More]

SRP General Manager and CEO Announces Retirement in 2023

On Nov. 7, Mike Hummel announced to the Salt River Project Board of Directors that he will be retiring from SRP in May 2023. As Hummel approaches his fifth year as general manager, he decided the time was right to retire after nearly 41 years of dedication to SRP’s mission, its customers and the Arizona community. “Mike has led us through a major sustainable … [More]

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