Commercial Real Estate & Business News – August 7, 2023

Arizona economic development efforts continue to break records and earn international attention. During the 12-month fiscal period that ended June 30, 2023, the Arizona Commerce Authority (ACA) and local economic development agencies successfully worked with companies that committed to creating a…»

Arizona is attracting high earners at a fastest clip. In a recent study from SmartAsset, the Grand Canyon State ranked fourth among the states where high-earning households are relocating. States on the list were ranked by net migration of tax filers with a minimum…»

Arizona has seen a substantial increase in clean-energy jobs, adding nearly 13,000 positions in the past year alone. This growth places the state as the seventh highest among all states in terms of clean energy job creation. These figures highlight Arizona’s emergence as a…»

On Aug. 3, commercial real estate leaders gathered for the 9th annual AZRE Forum to share their thoughts for a mid-year industry update. Sandra Watson, president and CEO of Arizona Commerce Authority (ACA) gave the keynote, followed by two panels: one looking…»

​Hiring roughly held steady in July as employers added 187,000 jobs despite high interest rates and inflation. The unemployment rate, which is calculated from a separate survey of households, dipped from 3.6% to 3.5%, the Labor Department said Friday. Economists surveyed…»