Arizona Business articles from March 1990

Arizona Business archives from March 1990

Metro Phoenix home appreciation slipped further in '89.
March 1, 1990... Metro Phoenix home appreciation slipped further in '89 Single-family homes in the Phoenix metropolitan area continued to appreciate during 1989, though even less than during 1988. Most townhouses depreciated during the year. The median...

Valley home sales and prices decline in 1989. (Valley of the Sun, Arizona)
March 1, 1990... Valley home sales and prices decline in 1989 Fewer homes were sold in 1989 than in any year since the 1982 recession, but total sales were still 29 percent higher than during the recession. Only new single-family prices increased; resale...

1989 Valley home affordability is the highest ever. (Phoenix)
March 1, 1990... 1989 Valley home affordability is the highest ever Just as in 1988, home affordability in the Phoenix area presents the one truly positive element of the housing market. Valley homes were more affordable during 1989 than at any time since the...

Annual average inflation rate moved up in 1989. (Phoenix)
March 1, 1990... Annual average inflation rate moved up in 1989 The 1989 annual average increase in the Metropolitan Phoenix Consumer Price Index, 4.9 percent, was a little higher than it was in 1987 and 1988, but about equal to 1989's national average...

Net migration holds at 5,000 in fourth quarter. (Phoenix)
March 1, 1990... Net migration holds at 5,000 in fourth quarter Net in-migration to the Phoenix metropolitan area was approximately 5,000 during fourth quarter 1989, the third consecutive quarter at this level (see Figure 1). This net inflow is not even...

GSP growth remains subpar through third quarter '89. (gross state product, Arizona)
March 1, 1990... GSP growth remains subpar through third quarter `89 The pace of growth of the Arizona Gross State Product (GSP) through third quarter 1989 remained a little below the national average. While the third quarter's growth was moderate (see Table...

Housing survey is rich in data on Phoenix MSA. (Phoenix Metropolitan Housing Survey; metropolitan statistical area)
March 1, 1990... Housing survey is rich in data on Phoenix MSA The results of a major housing survey of the Phoenix metropolitan area conducted from April through November 1985 by the U.S. Department of Commerce and the U.S. Department of Housing and Urban...

Economic growth strengthened in November. (Arizona)
March 1, 1990... Economic growth strengthened in November Economic growth was vigorous across Arizona in November, following moderately strong gains in October, according to the coincident economic indexes. This improved performance, however, does not...

January purchasing indicators turn positive.
March 1, 1990... January purchasing indicators turn positive The economy turned at the end of the year, posting small increases on all indicators except inventory. Arizona firms continue to be very cautious in their inventory actions, which diminishes the...

Arizona leading index moves downward in December.
March 1, 1990... Arizona leading index moves downward in December The Arizona Index of Leading Economic Indicators decreased in December to 117.6. The December index was 0.4 percent lower than the revised 118.1 index for November 1989 and 1.8 percent below...