Arizona Lawmakers Consider Collecting Internet Sales Tax

Some Arizona lawmakers hope to capitalize on a recent U.S. Supreme Court ruling allowing states to collect online sales taxes. House Speaker J.D. Mesnard told Capitol Media Services he sees no reason why purchases made by Arizonans on the internet should be exempt from the state’s 5.6 percent sales levy. “Conceptually, and I’ve already spoken[…]

Arizona’s June Unemployment Numbers Show Growth In Construction

Arizona’s Office of Economic Opportunity released the seasonally adjusted June unemployment rate at 4.7 percent. The rate remains unchanged from May and compares to the national jobless rate of 4.0 percent. Spokesman Doug Walls said construction employment has recovered 37 percent since the recession hit and housing bubble burst.

Study Reveals Economic Impact Of Downtown Phoenix

If you’ve been to downtown Phoenix recently, you’ve seen the boom of multi-family housing, skyscrapers, restaurants and bars opening all the time in the area. Annually, Downtown Phoenix, Inc. commissions an economic study of how the district is performing by analyzing the sales tax revenues for restaurants, bars and hotels. For the 2018 study, they[…]

Is A Perfect Storm Headed for Arizona’s Booming Real Estate Industry

Phoenix-area home buyers know all too well that a hot housing market isn’t guaranteed to be a permanent fixture. While job numbers and housing starts are currently skyrocketing, there are signs a perfect storm is brewing on the economic horizon. Arizona’s last jobs report featured an unemployment rate at 4.7 percent, a strong number buoyed[…]

Tempe Awards 9 Projects Money From ‘Innovation Fund’

Tempe City Council has chosen nine projects to receive money from a one-time $500,000 Innovation Fund. The Tempe Grease Cooperative’s Pilot Grease Trap Assistance Program, Sellah Park Pond Floating Island Project and One Touch Reporting App for Employees are among the funded programs. The projects have diverse goals from helping people re-enter society after incarceration[…]

Amazon To Open Fulfillment Center In Tucson, Add 1,500 Jobs

Despite passing on Arizona for the site of its upcoming second headquarters, Amazon is expanding in the state, into Tucson. The company announced Wednesday that Tucson will be the home of a new fulfillment center, bringing 1,500 new jobs to the city. Employees at the center will pick, pack and ship small items like books,[…]

Census Bureau: Maricopa County Is Highest Growing County In U.S.

Maricopa County grew by nearly 74,000 people from July 1, 2016, to July 1, 2017, according to new U.S. Census Bureau estimates released Thursday. It is the largest growth out of any county in the United States. The total population of the county is over 4.3 million. While Maricopa County continues to be the highest[…]

Arizona House Moves To Permanently Bypass State Sales Tax On Digital Goods

As Arizonans gravitate toward more shopping online, GOP state lawmakers want to simplify the way consumers are taxed at the local level. The House voted Wednesday to forego ever collecting the 5.6 percent sale tax on digital products including online books, videos, cloud-based software, storage and web hosting services. Members voted 39-to-19 with bi-partisan support[…]

Phoenix Experiences Record Employment Growth in 2017

The latest job numbers for the Phoenix metro area show record employment growth in 2017. Christine Mackay, Community and Economic Development director with the City of Phoenix, said the metro region added over 38,000 full-time, non-farm jobs in 2017. “Where we saw the greatest growth was in education and healthcare hiring,” Mackay said. “Another thing[…]