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WASHINGTON - The economy logged slightly better — but weak — growth in the first quarter, spurred by improved sales of U.S. products overseas.
Last December, a publication that focuses on local business ran a story about how the Battelle Memorial Institute was creating a "road map" for the state to become a biotech powerhouse. The article went on to quote the governor about how important an industry biotech was becoming for the state.
Just before daybreak one Sunday earlier this year, ASU Foundation executive Michael Boulden went for a ride on his mountain bike. By 6:23 a.m., he was pedaling east on Pinnacle Peak Road, nearing Tatum Boulevard in Scottsdale.
WASHINGTON - A surprisingly strong U.S. economy grew at its fastest pace in nearly two decades this summer, boosting hopes that a healthy, jobscreating recovery may be getting under way.
WASHINGTON - The economy slowed to a near crawl in the final quarter of 2005, a listless showing that was the worst in three years. However, growth was respectable for the year and is expected to perk up again soon.
Nobody is getting it right when they refer to the “Bush tax cuts.”
WASHINGTON - More help wanted signs could be cropping up soon. Respectable economic growth could spur employers to pick up hiring in the coming months, some analysts say.
WASHINGTON - Splurging shoppers helped the economy hum along faster than first thought in the third quarter, but high energy prices could weigh on consumers in the months ahead.
WASHINGTON - America’s economic recovery ended 2003 on a good note, growing at a solid 4.1 percent annual rate, and is expected to do even better in the opening quarter of this year.
The American economy grew at a revised annual rate of 3.1 percent in the second quarter, the government reported on Thursday. The unexpected strength led economists to raise their forecasts for the rest of the year.
WASHINGTON - President Bush, standing before Congress one last time, urged the nation Monday night to persevere against gnawing fears of recession and stay patient with the long, grinding war in Iraq. He pressed Congress to quickly pass a plan to rescue the economy.
LAS VEGAS - Each morning, Israel Gonzalez rises before dawn and heads to the sidewalks around the city’s plant nurseries to wait for a job. There, alongside other men, he watches for pickup trucks that slow down, hoping today he will be chosen for work.
As the recession drags on, people re-embrace frugality. They hold onto their cars a little longer. They buy used clothing or furniture. But amidst the rush to live within our means, something is missing from the resourcefulness of yesteryear: fixit shops, home repair know-how and products that last.
As the recession drags on, people re-embrace frugality. They hold onto their cars a little longer. They buy used clothing or furniture. But amidst the rush to live within our means, something is missing from the resourcefulness of yesteryear: fixit shops, home repair know-how and products that last.
Sacramento, Calif.-area resident Bob Lewis has been making the spring trek to Scottsdale since 1982 — the same year his San Francisco Giants began calling the city its Cactus League home.
PHOENIX – A plan to revitalize the U.S. economy put forward by liberal groups would create jobs in Arizona and help the poor move to the middle class, a Democratic state lawmaker said Wednesday.
The state and country need to improve their respective "economic infrastructures" to stave off a recession and keep economically competitive in the future, Rep. Harry Mitchell, D-Ariz., told business leaders in Scottsdale on Thursday.
The state's economy is showing signs of life.
WASHINGTON - The painful collapse of the housing market along with the credit crunch will weigh down economic growth in the final three months of this year and cause economic activity to lag in 2008.
WASHINGTON - The sharp spike in energy prices that occurred after the Gulf Coast hurricanes will act as a drag on the economy although the impact on growth and inflation will not be as severe as the oil shocks of the 1970s, Federal Reserve Chairman Alan Greenspan said.
WASHINGTON - The economy clocked in at a 3.8 percent pace in the final quarter of 2004 — faster than initially thought — and is now cruising at that speed or better.
It seems almost a certainty that the first paycheck most Americans cash in January 2013 is going to be smaller than their last paycheck in December.
The weak economy and record low mortgage rates have hurt the East Valley rental market. Landlords are struggling to keep their units rented and some tenants are struggling to pay their rent, landlords and attorneys say. Each year about 90,000 renters in Arizona get evicted from their homes and many of them are because they didn't pay their rent.
The presidential candidates are saying a lot as the Nov. 4 election approaches, with much of the discussion focused on the country's economic downturn. But when it comes to education, many East Valley voters are disappointed about the lack of emphasis on America's schools.
WASHINGTON - The worst economic growth in four years is raising concern that troubles in the U.S. housing market will spread and throw the country into a recession before the year is out.
By Mark Scarp, contributing columnist
By Jerry Brown, contributing columnist
Guest Commentary by Bill Richardson
Guest Commentary by Shawn Thiele
By Mark Heller, Tribune
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