CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for August 2020. On a national level, 6.6% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). This represents a 2.9-percentage point increase in the overall … [More]
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U.S. Weekly Jobless Claims Remain High, Record Numbers Out of Work
U.S. Department of Labor
In the week ending November 7, the advance figure for seasonally adjusted initial claims was 709,000, a decrease of 48,000 from the previous week's revised level. The previous week's level was revised up by 6,000 from 751,000 to 757,000. The 4-week moving average was 755,250, a decrease of 33,250 from the previous week's revised average. The previous week's average was revised … [More]
Expanded Wind Project to Power Arizona with More Clean Energy
Arizona Public Service
Customers of Arizona Public Service Company (APS) will soon power their homes and businesses with more clean energy. Earlier this year, APS announced a bold commitment to deliver 100% clean, carbon-free electricity to customers by 2050. By the end of 2021, APS will harness the power of Leeward Renewable Energy’s (Leeward) advanced GE wind turbine technology to help meet … [More]
ALERT: Free COVID-19 Testing Available
State of Arizona Office of the Governor
The Arizona Department of Health Services and ASU Biodesign have partnered to make available COVID-19 saliva testing for Arizonans. It’s quick, easy and free. In addition, COVID-19 testing is available at nearly 500 sites across Arizona. Details including locations, hours of operation and contact information can be found HERE. Upcoming saliva testing opportunities … [More]
Consumer Price Index Unchanged Last Month, Slow Growth Ahead
U.S. Bureau of Labor Statistics
The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in October on a seasonally adjusted basis after rising 0.2 percent in September, 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. Component indexes were mixed, with many offsetting increases and … [More]
EN NEGOCIOS: ¿Listo para crecer? 7 habilidades en demanda para llevar su negocio o carrera al siguiente nivel
por Edgar R. Olivo
Mientras vemos cómo los ciclos de la economía reaccionan a un nuevo mundo bajo presión con un nuevo soplo de esperanza de una nueva administración, muchos profesionales buscan formas de mantenerse competitivo en el trabajo. Invertir en su propio desarrollo de habilidades siempre será una de las mejores inversiones que puede hacer en una época de rápidos cambios globales. Pero, … [More]
Ready to Grow? 7 In-Demand Skills to Take Your Business or Career to the Next Level
by Edgar R. Olivo
As we watch the cycles of the economy react to a new world under duress with a new breath of hope of a new administration, many professionals are seeking ways to stay competitive in the workplace. Investing in your own skill set will always be one of the best investments you can make in a time of rapid global change. But what skills are in demand? What skills can actually help … [More]
Consumer Surveys Drive Stock Prices, Research Shows
Rice University
New research co-authored by a Rice University professor of marketing finds that businesses interested in improving their stock prices should focus on improving customer satisfaction. The study, published in the Journal of Marketing Research, analyzed quarterly data from 273 companies over a 10-year period and found that short interest — a measure of short seller activity — … [More]
Governor Ducey Announces Resources to Support Small Businesses, Business Recruitment and Hospitality Industry
State of Arizona Office of the Governor
Arizona’s small businesses and hospitality sector have been especially hard hit by the pandemic, with thousands of jobs lost since March. To provide a boost to these critical sectors and the Arizonans they employ, Governor Ducey today announced $7 million to support economic recovery efforts. Over the course of the pandemic, the Arizona Department of Health Services has … [More]
The U.S. Added 638,000 Jobs Last Month, the Unemployment Rate Fell Sharply to 6.9%
U.S. Bureau of Labor Statistics
Total nonfarm payroll employment rose by 638,000 in October, and the unemployment rate declined to 6.9 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflect the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. In October, notable job … [More]
Small Businesses Looking to Hire in October, Having Trouble Finding Qualified Labor
NFIB
According to NFIB’s October Jobs Report, small businesses are looking to hire employees as they reported a historically high level of job openings in October. Overall, 55% of owners reported hiring or trying to hire in October, down 1 point from September. Thirty-three percent (seasonally adjusted) of all owners reported job openings they could not fill in the current period, … [More]
Weekly Jobless Rates Hold Steady at Record Numbers, Slowing of Economy Imminent
U.S. Department of Labor
In the week ending October 31, the advance figure for seasonally adjusted initial claims was 751,000, a decrease of 7,000 from the previous week's revised level. The previous week's level was revised up by 7,000 from 751,000 to 758,000. The 4-week moving average was 787,000, a decrease of 4,000 from the previous week's revised average. The previous week's average was revised up … [More]
Leaders in Science, Technology and Education Honored at the Arizona Technology Council’s 2020 Governor’s Celebration of Innovation
Rick McCartney
The Arizona Technology Council, in conjunction with the Arizona Commerce Authority, today announced the winners of the 2020 Governor’s Celebration of Innovation (GCOI) Awards. This marks the 17th year of this prestigious event honoring and attended by the top leaders in Arizona’s business, technology, education and government sectors. Due to COVID-19, the Council honored … [More]
Their Take: A Note of Gratitude to Arizona Small Businesses
by Michael Vallante
As the Regional Administrator for the Pacific Rim for SBA, and as Associate Administrator for the Office of Field Operations, I’ve had the honor to work closely with small business owners across the nation. A year ago, I wrote a note of gratitude to small business owners. Looking back at it a year later, nobody would have imagined the unprecedented challenge that our small … [More]
EN NEGOCIOS: ¡Democracia en acción! 4 puntos clave que los negocios deben tener en cuenta en el resultado de las elecciones de 2020
por Edgar R. Olivo
Mientras el mundo observa la democracia estadounidense en acción, los propietarios de pequeñas empresas en casa tienen mucho en juego en todos los niveles de gobierno. Una pandemia mundial ha creado una economía tambaleante con innumerables cierres de empresas y un desempleo récord. A medida que aumentan las tensiones raciales y se avecinan más cierres con una segunda o tercera … [More]
Democracy in Action! 4 Key Issues Small Business Owners Should Watch for in the 2020 Election Outcome
by Edgar R. Olivo
As the world watches the U.S. democracy in action, small-business owners at home have a lot at stake at all levels of government. A global pandemic has created a faltering economy with countless business closures and record unemployment. As racial tensions rise and more shut-downs loom with a second or third wave, it is important to understand how elections directly affect … [More]
Keep Calm and Count All the Votes
by Katie Hobbs, Arizona Secretary of State
With a record number of Arizonans casting early ballots in this year’s election, it means a record number of voters are also already anxiously awaiting the results. While counting all valid votes has always continued past election night, this year, voters should expect for accurate election results to take time. Not only are election officials across the country dealing … [More]
National Veterans Small Business Week to Kick-Off Today
U.S. Small Business Administration
The U.S. Small Business Administration will celebrate veteran, service member and military spouse small business owners nationwide during National Veterans Small Business Week, Nov. 2-6, 2020. “National Veterans Small Business Week is the perfect time to reflect on the accomplishments of our nation’s 2.5 million veteran-owned small businesses,” said SBA Administrator … [More]
