The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis after rising 1.2 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.3 percent before seasonal adjustment. Increases in the indexes for shelter, food, airline fares, and new … [More]

The NFIB Small Business Optimism Index was unchanged in April, remaining at 93.2 and the fourth consecutive month below the 48-year average of 98. Small business owners expecting better business conditions over the next six months decreased one point to a net negative 50%, the lowest level recorded in the 48-year-old survey. Inflation continues to be a problem for … [More]

In April, the U.S. supply of active listings posted the smallest year-over-year decline (-12.2%) since the end of 2019, led by gains in the share of mid-sized homes New data suggests that the U.S. housing supply is readying to rebound, as active listings posted the smallest year-over-year declines (-12.2%) since December 2019, according to the Realtor.com® … [More]

Arizona is celebrating National Small Business Week through May 7, 2022. Arizona is home to 611,097 small businesses, representing 99.5% of Arizona businesses. The 1.1 million small business employees in Arizona represent 42.9% of the state’s employees, according to the most recent U.S. Census Bureau data. Arizona small business employment grew by 44.4% between 1994 and … [More]

Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, in manufacturing, and in transportation and warehousing. This news release presents statistics from two monthly surveys. The … [More]

Small business owners continue to attempt to fill historically high levels of open positions, according to NFIB’s monthly jobs report. Twenty-three percent of owners said that labor quality was their top business problem, up one point from last month and in second place behind inflation. Eight percent of owners cited labor costs as their top business problem. Reports of labor … [More]

A poll conducted by Morning Consult on behalf of the Walton Family Foundation shows 91% of voters in Arizona believe it is important the State Legislature take action this session to address Arizona's water issues – with 70% saying it is very important. Sixty-six percent of Arizonans also report they are more likely to vote for their state legislator in the upcoming midterm … [More]

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for March 2022. U.S. home prices continued to post significant year-over-year gains in March, up by 20.9%, another record high. Even with the past year’s streak of double-digit price increases, annual … [More]