Arizona Business articles from March 1989

Arizona Business archives from March 1989

Net migration a little higher in fourth quarter. (Phoenix area)
March 1, 1989... Net Migration a Little Higher in Fourth Quarter Net in-migration to the Phoenix area totaled 7,000 persons during fourth quarter 1988, returning to the 6,000 to 8,000 range experienced between second quarter 1987 and first quarter 1988 (see...

Average wage in 1987 rose modestly. (Arizona)
March 1, 1989... Average Wage in 1987 Rose Modestly The average wage in rural Arizona fell further behind that in the state's urban areas in 1987. The percent change over the 1986 figure was only 2.9 percent in non-urban Arizona--considerably less than the...

Annual average inflation rate for '88 equals that of '87. (metropolitan Phoenix)
March 1, 1989... Annual Average Inflation Rate for 88 Equals That of '87 The 1988 annual average increase in the Metropolitan Phoenix Consumer Price Index, 4.1 percent, was equivalent to the area's rate for 1987 and to the 1988 national average increase. For...

Differences in population growth by age bracket are striking. (Arizona)
March 1, 1989... Differences in Population Growth by Age Bracket Are Striking Mostly due to variations in the national birth rate, the age distribution of both the national and Arizona population is undergoing substantial change. Relatively low birth rates...

Coincident indexes rebound in November. (Arizona)
March 1, 1989... Coincident Indexes Rebound in November The coincident economic index for each area of Arizona registered a solid advance in November, seemingly marking an end to the period of declining economic activity recorded between the spring and early...

GSP growth slows further in third quarter 1988. (Arizona's growth state product)
March 1, 1989... GSP Growth Slows Further in Third Quarter 1988 Annual growth in Arizona's Gross State Product slipped to only 1.5 percent at the end of third quarter 1988, far below the 3.7 percent growth recorded in the Gross National Product. Growth of...

January purchasing indicators reflect sluggish economy. (Arizona)
March 1, 1989... January Purchasing Indicators Reflect Sluggish Economy The Arizona economy marked time in January, for the third month in a row. New orders received, production, and inventory levels of purchased materials all were unchanged from the previous...

Arizona leading index declined in December.
March 1, 1989... Arizona Leading Index Declined in December The Arizona Index of Leading Economic Indicators dropped in December to 110.5--a figure 0.4 percent above the 110.1 figure for December 1987 (1977 = 100). Inventories, production, new orders,...

Rates slow significantly; townhouses depreciate. (metro Phoenix home appreciation)
March 1, 1989... Metro Phoenix Home Appreciation Rates Slow Significantly; Townhouses Depreciate Single-family homes in the Phoenix metropolitan area continued to appreciate during 1988, though not as much as in 1987. More townhouses depreciated...

'88 valley home sales lowest since 1982. (Phoenix)
March 1, 1989... '88 Valley Home Sales Lowest Since 1982 Fewer homes were sold in 1988 than in any year since the 1982 recession, and price increases were smaller than in any year since 1982. These conditions created a good market for homebuyers, but a...

1988 valley home affordability stable. (Phoenix)
March 1, 1989... 1988 Valley Home Affordability Stable At least one bright spot exist in the Phoenix area real estate market--home affordability. Valley homes were more affordable during 1988 than at any time since the indexes began in 1981. Mortgage...