Arizona Business articles from June 1991

Arizona Business archives from June 1991

Recession, war fail to deter most winter residents.
June 1, 1991... An estimated 101,000 seasonal residents were living in mobile home and RV/travel trailer parks in the metro Phoenix area (including the Apache Junction area of Pinal County) at the height of the 1990-91 winter season. This estimate is based...

Snowbird household survey is expanded for 1990-91. (survey of annual winter migrant residents in Phoenix, Arizona)
June 1, 1991... Each winter more than one million Americans and Canadians migrate to part-time residences in many of the Sunbelt states. The Phoenix metropolitan area (including the Apache Junction area of Pinal County) is one of the primary destinations of...

Affordability at record highs; home sales still sluggish. (affordability of housing prices)
June 1, 1991... The Phoenix metropolitan housing market appears to be pulling out of the doldrums that were so evident at the end of 1990. Although the market's sails are not yet fully billowing, there is mounting evidence that smoother sailing is ahead,...

Census counted a large number of vacant housing units.
June 1, 1991... The number of housing units in Arizona increased nearly 50 percent between the 1980 and 1990 censuses, far more than the national gain of 16 percent. However, the number of vacant units soared nearly 90 percent in Arizona, compared to a...

Arizona economic growth rate holds steady.
June 1, 1991... Employment growth through 1990 and into 1991 remained near 2.5 percent per year in Arizona, despite the worsening national recession. Though this growth rate has persisted since early 1988, Arizona has gone from one of the slowest growing to...

Net migration stays in narrow range.
June 1, 1991... Net in-migration to the Phoenix area was approximately 6,000 during first quarter 1991, the same as the revised figure for fourth quarter 1990. Since late 1987, each quarterly estimate has been between 6,000 and 8,000. Migration flows of...

Purchasing indicators still point toward recovery. (economic recovery in Arizona)
June 1, 1991... The Arizona economy continued to exhibit the early signs of an economic recovery, according to the Center for Advanced Purchasing Studies' monthly survey of Arizona purchasing managers. New order receipts were up for the second month in a row,...

Arizona leading index climbs again in March. (Index of Leading Economic Indicators)
June 1, 1991... The Arizona Index of Leading Economic Indicators increased in March to 116.1. The March number was 0.5 percent higher than the revised 115.5 number for February 1991 and 1.6 percent below the March 1990 number of 118.0 (1982 = 100). Money...