Arizona Business articles from July 1992

Arizona Business archives from July 1992

Recovery is underway: expect slow, steady progress. (Quarterly Economic Forecast)
July 1, 1992... Evidence continues to mount that both the national and local economies are recovering. However, this same evidence clearly shows that this recovery will be gradual by historic standards. The forecasts for the nation and the state have not...

Arizona leading index continues advance in April.
July 1, 1992... The Arizona Index of Leading Economic Indicators rose in April to 118.4. The April number was 0.3 percent above the revised 118.1 number for March 1992 and 1.6 percent above the April 1991 number of 116.5 (1982 = 100). Sensitive materials...

AZ construction moved toward recovery in 1st quarter '92. (Arizona's construction industry) (Industry Overview)
July 1, 1992... During the initial quarter of 1992, Arizona's construction industry took its first real steps on the path to recovery. The value of construction totaled $1.1 billion (18,150 permits), which is a 48 percent improvement over a year ago ($745...

Urbanized areas provide alternative metro measure.
July 1, 1992... Urban geography usually is measured in terms of metropolitan statistical areas (MSAs), which follow county boundaries. These geographic entities sometimes are much larger than the developed area. For example, most of the Phoenix MSA (Maricopa...

Federal expenditures in Arizona grew little in 1991.
July 1, 1992... Federal funds distributed in Arizona in fiscal year 1991 totaled $15.5 billion, an increase of only 2.8 percent from 1990. In comparison, the national increase was 9.4 percent. In 1990 and 1989, however, Arizona's gains were greater than the...

Arizona's GSP gains were slight in late 1980s. (gross state product)
July 1, 1992... In 1989, the latest year for which gross state product (GSP) figures are available for all states, Arizona's growth rate ranked 41st among the 50 states and District of Columbia. In 1984, Arizona had ranked first. Similarly, Arizona ranked first...

Government workers are fewer in AZ than U.S. average. (Arizona)
July 1, 1992... Arizona had 4 percent fewer state and local government employees, on a fulltime equivalent (PIE) basis, per resident than the national average in 1990, according to U.S. Bureau of the Census reports on public employment. In 1990, Arizona state...

Purchasing indicators positive again in May.
July 1, 1992... Arizona's economic upswing continued in May, according to indicators derived from the monthly survey of Arizona purchasing managers conducted by the Center for Advanced Purchasing Studies, an affiliate of the Seidman Research Institute in the...