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 major metropolitan areas. December 2020 data shows a national rent increase of 3.8% year over year, up from a 2.9% year-over-year increase in December … [More]
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SBA Arizona District Office Accepting Applications for 2021 Emerging Leaders Initiative
U.S. Small Business Administration - Arizona
This intensive executive-level series is intended to accelerate the growth of high-potential small businesses in America’s underserved cities. The comprehensive curriculum includes 100+ hours of professional specialized training and peer-to-peer counseling to provide business owners with the tools they need to catapult their company to the next level and become a force for … [More]
Weekly Jobless Claims Slightly Decrease, Signalling Slow Growth as Covid-19 Cases Fall
U.S. Department of Labor
In the week ending February 6, the advance figure for seasonally adjusted initial claims was 793,000, a decrease of 19,000 from the previous week's revised level. The previous week's level was revised up by 33,000 from 779,000 to 812,000. The 4-week moving average was 823,000, a decrease of 33,500 from the previous week's revised average. The previous week's average was revised … [More]
SBA and Lenders Take More Steps to Improve Paycheck Protection Program
U.S. Small Business Administration
The U.S. Small Business Administration and lenders are taking more strides to improve the Paycheck Protection Program (PPP) so that small businesses can access much needed PPP funds to persevere through the pandemic, recover, and build back better. The Administration is working with the Agency to increase equitable access to underserved small businesses, to assure the integrity … [More]
CVS Health and Other Pharmacies Will Begin Providing Covid-19 Vaccines
CVS Health
CVS Health will begin to offer COVID-19 vaccinations to eligible populations at a limited number of CVS Pharmacy locations across 11 states, including Arizona. Vaccinations were originally scheduled to begin on February 11, but in order to ensure in-store availability the start date has been moved to February 12. Vaccines in a retail setting will be offered on an … [More]
Consumer Price Index Increases 0.3% in January, Gas Continues Its Rise at 7.4%
U.S. Bureau of Labor Statistics
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.4 percent before seasonal adjustment. The gasoline index continued to increase, rising 7.4 percent in January and accounting for most … [More]
Allegiant Announces Phoenix-Mesa to San Diego Service Expansion
Allegiant
Allegiant announces 34 new nonstop routes, including Mesa to San Diego from Phoenix-Mesa Gateway Airport. To celebrate, Allegiant is offering one-way fares on the new routes as low as $39.* San Diego International Airport (SAN) to Mesa, Arizona via Phoenix-Mesa Gateway Airport (AZA) will begin May 27, 2021 with one-way fares as low as $39. * "As summer approaches, we … [More]
Small Business Optimism Drops Further Below Historical Index Average in January
NFIB
The NFIB Small Business Optimism Index declined in January to 95.0, down 0.9 from December and three points below the 47-year average of 98. Owners expecting better business conditions over the next six months declined seven points to a net negative 23%, the lowest level since November 2013. The net percent of owners expecting better business conditions has fallen 55 points … [More]
Mortgage Delinquency in November Reaches the Lowest Level since March
CoreLogic
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for November 2020. On a national level, 5.9% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), which represents a 2-percentage point increase in the overall … [More]
Rental Assistance Program to Provide Financial Assistance and Housing Stability
State of Arizona Office of the Governor
Governor Doug Ducey announced the Arizona Department of Economic Security will be launching a new Emergency Rental Assistance Program to provide financial assistance and housing stability. “We want to make sure renters in Arizona have the resources and support they need,” said Governor Ducey. “The rental assistance program will keep families and those in need in their homes … [More]
EN NEGOCIOS: Monetice sus redes sociales. 5 pasos clave que todo negocio debe hacer para vender en las redes sociales
por Edgar R. Olivo
Los propietarios de pequeñas empresas tienen mucho que hacer mientras intentan encontrar su propio espacio en un mundo de redes sociales ruidoso y abarrotado. La pandemia cambió el comportamiento de muchos consumidores a la compra en línea y obligó a los propietarios de pequeñas empresas a tomar sus esfuerzos en las redes sociales más en serio. El hecho es que la mayor parte … [More]
Monetize Your Social Media. 5 Key Steps Every Small Business Needs to Do to Sell on Social Media
by Edgar R. Olivo
Small businesses have a lot on their plate as they try to find a spot within a noisy and cluttered social media landscape. The pandemic shifted many consumers’ shopping behaviors to online and forced small business owners to take their social media efforts more seriously. The fact is that most of the world is now on social media. A study made in 2020 found that 79% of … [More]
Banner Health Launches East Valley Expansion to Meet Growing Patient Needs
Banner Health
Nonprofit Banner Health is investing nearly $400 million in expansion projects already underway at Banner Desert and Banner Gateway medical centers in the East Valley. Both projects include increased services and space for women and infant care. On the Banner Desert campus in Mesa, the expansion of the tertiary care trauma center will address growth needs to support the … [More]
Bank Expands Downtown Phoenix Headquarters at CityScape Phoenix
inbusinessPHX.com
RED Development announced today that Western Alliance Bank is once again expanding its foothold at CityScape Phoenix after signing a lease to add an additional 46,323 square feet to its existing headquarters. When Western Alliance Bank first opened within CityScape in 2010, the main office and its local banking division, Alliance Bank of Arizona, was comprised of just one … [More]
The U.S. Added 49,000 Jobs in January; Weak amid the Pandemic’s Surge
U.S. Bureau of Labor Statistics
The unemployment rate fell by 0.4 percentage point to 6.3 percent in January, while nonfarm payroll employment changed little (+49,000), the U.S. Bureau of Labor Statistics reported today. The labor market continued to reflect the impact of the coronavirus (COVID-19) pandemic and efforts to contain it. In January, notable job gains in professional and business services … [More]
Small Business Recovery Improving Slowly, Says Survey
NFIB
The NFIB Research Center released its latest COVID-19 survey on the impact the pandemic has had on small businesses. This survey was conducted after the Consolidated Appropriations Act of 2021 (CAA) was signed into law, which reopened and modified targeted federal programs established to help small businesses. The economic strain on small businesses appears to be easing just … [More]
Jobless Claims Decline for Third Straight Week
U.S. Department of Labor
In the week ending January 30, the advance figure for seasonally adjusted initial claims was 779,000, a decrease of 33,000 from the previous week's revised level. The previous week's level was revised down by 35,000 from 847,000 to 812,000. The 4-week moving average was 848,250, a decrease of 1,250 from the previous week's revised average. The previous week's average was … [More]
Phoenix Suns Welcome Back Fans for the First Time during 2020-21 Season
Phoenix Suns
Phoenix Suns fans will be able to attend games at the transformed Phoenix Suns Arena for the first time during the 2020-21 season, beginning with a special invitation to healthcare workers as guests of the organization for the team’s matchup against the Boston Celtics on Sunday, Feb. 7. As a thank you for their tireless efforts during these difficult times, the Suns are … [More]
