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Home appreciation nearly disappeared in 1990.
March 1, 1991... The majority of single-family homes in the Phoenix metropolitan area appreciated daring 1990, but by such small amounts that the median appreciation rate was less than one percent per year. Most townhouses and condominiums (hereafter referred...
Manufacturing census documents high-tech's importance.
March 1, 1991... Manufacturing employment in Arizona advanced less between 1982 and 1987 than between 1977 and 1982, according to the latest economic census conducted by the U.S. Bureau of the Census. This slower growth is significant because the 1977-1982...
Arizona leading index continues downward trend.
March 1, 1991... The Arizona Index of Leading Economic Indicators decreased in December to 114.7. The December value was 0.9 percent lower than the revised 115.7 figure for November 1990 and 2.6 percent below the December 1989 level of 117.8 (1982 = 100).
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Purchasing indicators remain negative in January.
March 1, 1991... 5
Arizona's economic downturn continued in January, according to the Center for Advanced Purchasing Studies' monthly survey of Arizona purchasing managers. All of the study's indicators in January were on the negative side. However, the rate...