CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across more than 20 metropolitan areas. Data collected for October 2020 shows a national rent increase of 3.1% year over year, up from a 2.9% year-over-year … [More]
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$1 Million In COVID-19 Relief Allocated to Chambers of Commerce
State of Arizona Office of the Governor
Governor Doug Ducey today announced the recipients of a competitive $1 million grant program allocated to chambers of commerce across the state to implement or expand initiatives that support small businesses and accelerate local economic recovery. The grant dollars come from the Chamber of Commerce COVID-19 Response Grant Program, established last month by Governor … [More]
APS Advances Toward 100% Clean Energy Commitment
Arizona Public Service
Arizona Public Service Company (APS) is taking more steps to deliver on its commitment to serve one of the fastest-growing service territories in the country with 100% clean energy by 2050. APS issued two requests for proposals (RFP) — one to acquire both renewable energy and additional peaking capacity resources, and the other to install more battery energy storage at two … [More]
Survey: Nearly 70% of Americans Will Not Travel for Christmas
American Hotel & Lodging Association
A recent national survey commissioned by the American Hotel & Lodging Association (AHLA) shows that nearly two-thirds (69%) of Americans will not travel for Christmas. With a new surge in COVID-19 cases, the CDC recommending that Americans do not travel over the holiday season and new stay-at-home orders in place in states across the country, the holiday season will … [More]
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Phoenix Rising FC Moves Stadium and Professional Training Center to Wild Horse Pass
Phoenix Rising FC
Phoenix Rising FC, Arizona’s highest-level professional soccer team, announced today the relocation of its stadium and professional training facilities from south Scottsdale to Wild Horse Pass within the Gila River Indian Community. The move will immediately increase seating capacity at the stadium, improve VIP luxury suites, speed entry and exit from the stadium complex and … [More]
Barrett-Jackson to Reschedule Scottsdale Auction to March 2021
Barrett-Jackson
Barrett-Jackson announced the company will reschedule its January 2021 Scottsdale Auction to the week of March 22, 2021, at WestWorld of Scottsdale, with exact dates to be announced soon. The difficult decision to postpone the auction was made out of an abundance of caution to safeguard auction customers, sponsors, guests and employees from the current spike of coronavirus … [More]
Critical Steps to Building Your Greater Phoenix Business in 2021
by Rick McCartney
2021 is a time for all businesses to rebuild and do so in a way that can truly empower our companies and profitability. Not only have we as business owners been through a lot in 2020, so have our customers. So, reaching out to them to do business is not just about building our own businesses back, but also about creating products that will be useful and cost-effective in this … [More]
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Devour Week Will Turn into a Devour Weekend and Offer a COVID-Conscious Dining Experience
Devour Phoenix
From the comfort of your own home, grab a seat and get ready to Devour At Home, an experience fit for the times featuring a delicious, family-style meal from the culinary leaders who have worked tirelessly to establish Arizona as a sought-after dining destination. Local First Arizona is bringing back one of the most anticipated events in the Valley in 2021 for a weekend of … [More]
U.S. Weekly Jobless Claims Up Sharply as COVID-19 Cases Rise to Record Numbers
U.S. Department of Labor
In the week ending December 5, the advance figure for seasonally adjusted initial claims was 853,000, an increase of 137,000 from the previous week's revised level. The previous week's level was revised up by 4,000 from 712,000 to 716,000. The 4-week moving average was 776,000, an increase of 35,500 from the previous week's revised average. The previous week's average was … [More]
CPI for Urban Areas up 0.2%, Demonstrating Slow Growth Ahead
U.S. Bureau of Labor Statistics
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in November on a seasonally adjusted basis after being unchanged in October, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.2 percent before seasonal adjustment. The seasonally adjusted increase in the all items index was … [More]
Arizona Receiving 383,000+ Vaccine Doses by End of December
State of Arizona Office of the Governor
The Arizona Department of Health Services (ADHS) and its Vaccine Task Force have worked around the clock to ensure an effective and efficient distribution of the COVID-19 vaccine once it's approved and distributed to states. Arizona is expected to receive 383,750 COVID-19 vaccine doses by the end of December 2020. ADHS placed the order for the first shipment this weekend, … [More]
Commuter News: Phoenix Completes Another Record-Breaking Street Paving Season
City of Phoenix
The city of Phoenix continues to pave more than ever before. The hottest summer on record and a global pandemic did not slow street maintenance crews and contractors who successfully completed the city's busiest paving season yet. These essential workers could not work from home, but with less traffic, pavement projects moved quickly and in a more convenient way. Every year … [More]
EN NEGOCIOS: Cómo el programa DACA restaura la esperanza y crea nuevas oportunidades para emprendedores soñadores
por Edgar R. Olivo
Imagínese estar en su escritorio, contemplando sus objetivos empresariales y profesionales para el próximo año y, de repente, sin previo aviso, le dicen que nunca sucederán porque el presidente actual no lo considera lo suficientemente valioso como contribuyente a la economía. Este fue el sentimiento y la realidad de cientos de miles de soñadores cuyas aspiraciones fueron … [More]
How the DACA Program Restores Hope and Creates New Opportunities for Dreamer Entrepreneurs
by Edgar R. Olivo
Imagine being at your desk, contemplating your business and professional goals for the upcoming year and suddenly, with no warning, you are told they are never going to happen because the current President does not consider you valuable enough as a contributor to the economy. This was the sentiment and reality for hundreds of thousands of Dreamers whose aspirations were held … [More]
Small Business Owners Remain Uncertain After Election
NFIB
The NFIB Small Business Optimism Index declined 2.6 points in November to 101.4 but remains well above the 47-year historical average reading of 98. Six of the 10 Index components declined and four increased. The NFIB Uncertainty Index decreased 8 points to 90, still a historically high reading. Owners expecting better business conditions over the next 6 months declined 19 … [More]
Charitable Trust Far Exceeds Grantmaking Annual Average With $27.7 Million Awarded so Far in the Year of COVID-19
About Virginia G. Piper Charitable Trust: Virginia G. Piper Charitable Trust
The end of a tumultuous 2020 brings forecasts of continued public health, economic, and social stresses in the new year. It’s abundantly clear that meeting this ongoing moment, filled with extraordinary challenges for individuals and communities, means doing more than the usual, and it often means doing things differently. Here’s what responsiveness looks like at Virginia G. … [More]
Congress to Award $530 Million Grant for South Central Extension/Downtown Hub
Valley Metro
The Federal Transit Administration (FTA) on Friday announced its intent to award $528,830,295 for the construction of the 5.5-mile South Central Extension/Downtown Hub project, connecting South Phoenix to the regional rail system. These funds constitute nearly 40 percent of the total project cost and follow two prior allocations that have contributed to the full grant … [More]
ON Semiconductor Names Next CEO
ON Semiconductor
ON Semiconductor Corporation announced that Hassane El-Khoury has been named as the company’s president, chief executive officer and member of its board of directors, effective Dec. 7, 2020. “Following a comprehensive internal and external search process, I want to welcome Hassane to ON Semiconductor,” said Alan Campbell, chairman of the board of directors. “The focus of our … [More]
