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 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.
Photo by Christina Estes – KJZZ
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[…]
Photo by Sky Schaudt – KJZZ
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 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[…]
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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,[…]
Photo by City of Phoenix
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[…]
Photo by Jackie Hall – KJZZ
Mexico is Arizona’s top trading partner, but Canada’s pretty high on the list as well. As talks continue on a reworked North American Free Trade Agreement, Arizona is looking to make sure it continues its relationships with both its neighbors to the north and south.
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[…]
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[…]