New data reveals which U.S. states have experienced the best wage growth in 2024. The research, conducted by AI productivity platform Plus Docs, examined statewide data on the average weekly wages from the U.S. Bureau of Labor Statistics. The states with the highest percentage increase between March 2023 and March 2024 have been named in the top ten. Nebraska has … [More]
Rise of Resenteeism: Two Thirds Are Unhappy in Their Job, but Refuse to Move
Almost two thirds of professionals in the USA have stated that their job doesn’t fulfill their expectations, however they have very little intention to leave in the coming year – due to the unstable economic environment. Of those who are unhappy in their current role – just a fifth have stated that they are actively looking to move, according to new research from global … [More]
Greater Phoenix Chamber Reveals Latest Arizona Economic Insights
The Greater Phoenix Chamber has released its Arizona Economic Insights Dashboard findings for the most recent time period extending through July 2024. This tool provides access to real-time, interactive data updates on Arizona’s ever-changing economic landscape. Users can delve deeper into unemployment, GDP, job projections, population changes, average income, educational … [More]
How Phoenix’s Creative Community Impacts the Economy
Happening Now: Phoenix Design Week
Imagine walking the aisles of your local grocer and trying to make product purchase decisions based on a sea of blank, white boxes that are all the same shape and size regardless of content. Or interacting with a “smartphone” that was devoid of apps, color or motion. Or living in a place in which every building was exactly the same inside and out, lacking the form and function … [More]
2024 Ranking of the Most Neighborly Cities in America Lists Phoenix Second Best Large City
In celebration of National Neighbor Day (September 28), Neighbor.com—the leading peer-to-peer storage and parking marketplace—unveils the results of its fifth annual "Most Neighborly Cities in America" ranking. To establish the grading criteria, Neighbor surveyed 1,000 individuals on how they define neighborliness. The most common factors included charitable contributions, … [More]
Home Ownership Slightly More Affordable across U.S., Still Difficult for Average Workers
ATTOM, a leading curator of land, property data, and real estate analytics, today released its third-quarter 2024 U.S. Home Affordability Report showing that median-priced single-family homes and condos remain less affordable in the third quarter of 2024 compared to historical averages in 99 percent of counties around the nation with sufficient data to analyze. The latest trend … [More]
Here’s How Homeownership in Arizona Has Changed in the Past 10 Years
New research has named the states where the homeownership rates have changed the most in the last decade. The study, conducted by the real estate site New Jersey Real Estate Network, analyzed US Census data from 2014 to 2024 on the percentage of homeowners in each state, to identify where experienced the highest rise and decline in rates. According to the … [More]
Their Take: Keep Arizona’s Technology Industry Growing
In America, innovation often begins on college campuses. Think Google, Facebook and many other household names that started as ideas in dorm rooms. Yet, before 1980, America’s universities and research centers could never fully capitalize on their inventions. For decades, the federal government had a firm grip on research and patents, creating rules and regulations that … [More]
20 Ways AI Can Transform Any Business
Transcending AI Apathy: Why All Companies Should be Gaining Ground with Artificial Intelligence
While Artificial Intelligence (AI) is transforming industries across the globe, many businesses both large and small don't fully comprehend how this next-gen technology can benefit their own operation. While AI is often generally thought of in terms of customer service chatbots and customized marketing, the reality is that it's potential to benefit other key aspects of a … [More]
Housing Payments Post Biggest Decline in 4 Years ahead of Fed’s Historic Rate Cut
The median U.S. housing payment was $2,534 during the four weeks ending September 15, down 2.7% from a year earlier–the biggest decline since May 2020, according to a new report from Redfin, the technology-powered real estate brokerage. Monthly payments are falling because mortgage rates dropped to their lowest level in 20 months in the lead-up to the Fed’s first interest-rate … [More]
The AI Overwhelm: How to Avoid Burnout and Stay Productive
As generative AI tools are constantly “learning” and becoming more sophisticated, business owners and marketers must also continuously learn how to use those tools most effectively and efficiently. I recently decided to dive into Claude, an AI assistant, for some custom XML prompts to get higher-quality outputs from AI. As someone who isn't a tech newbie, I was optimistic. But … [More]
How to Determine If You Need to File Bankruptcy
National nonprofit credit counseling agency Take Charge America helps consumers identify alternative debt relief options as a first step
Overwhelming debt can be unbearable, impacting all facets of one’s life. To remedy the situation, many people turn to bankruptcy as a debt relief option. Bankruptcy is a legal process that eliminates some — or all — of a person’s debt. The two most common types of consumer bankruptcy — Chapter 7 and Chapter 13 — address specific debts such as credit card and medical … [More]
Remote Chance: Two Thirds of U.S. Companies No Longer Allow Fully-Remote Working
Over two thirds (65%) of professional services firms in the U.S. have stated that as of this year, new job adverts will not feature the option of being ‘fully-remote.’ The decision, according to business leaders, is to encourage professionals to come back into the office – with close to half of hiring managers (44%) stating that they are ‘willing to wait’ for the right … [More]
Their Take: Why the Job Market is Cooling Down: Three Big Reasons
The U.S. job market is slowing down, and more people are finding themselves unemployed. This change is happening because of three main reasons: the election year, high interest rates and new technology like Artificial Intelligence (AI). Let’s break down these reasons to understand what’s going on. The Election Year When it’s an election year, like 2024, businesses … [More]
Using the Language of Genuine Engagement in a B2B Social Media Setting
The best practices for B2B marketing on social platforms must be rethought. In an era when consumers are inundated with advertisements, sales pitches, and other calls to action, many social media users will dismiss the substance of your message if they believe it comes with a catch. Traditional CTAs like “Buy Now” or “Learn More” are part of the standard marketing … [More]
Explaining Beneficial Ownership Information (BOI)
Over 32 Million Businesses Subject to New Filing Requirement
A new law will catch many business owners off guard if they’re not aware of their obligation to comply with the Corporate Transparency Act (CTA) by December 31, 2024. The U.S. Treasury estimates that 32.5 million entities are required to file their initial Beneficial Ownership Information report (BOIR) in 2024. While many small businesses have heard about the CTA, its … [More]
NAIOP Industrial Space Demand Forecast: Rate of Growth Slows but Sector Remains Strong
The net absorption of industrial real estate – the amount of space occupied minus space vacated over a given period – has slowed from record levels in the wake of the pandemic, but the sector remains strong, according to the most recent NAIOP Industrial Space Demand Forecast. Total U.S. industrial net absorption in the first half of 2024 totaled 67.1 million square feet, … [More]
6 of Every 7 People with Mortgages Have an Interest Rate Below 6%, Says Report
The mortgage rate lock-in effect is prompting many homeowners to stay put, contributing to America’s housing shortage, but it’s starting to ease
Nationwide, 85.7% of U.S. homeowners with mortgages have an interest rate below 6%, down from 90.6% at the start of last year and a record high of 92.8% in mid-2022. That’s according to a new report from Redfin, the technology-powered real estate brokerage. This means even more than 85.7% of homeowners with mortgages have a rate below the current weekly average of 6.46%, … [More]
