Arizona Business articles from March 1992

Arizona Business archives from March 1992

Residential real estate market picked up in 1991. (Phoenix, Arizona) (Industry Overview)
March 1, 1992... During 1991, the Phoenix metropolitan housing market was an isolated point of light in an otherwise dim economy and real estate market. Improvement in the residential market was largely driven by enhanced affordability due to low mortgage...

Measuring Arizona's economy: jobs or dollars?
March 1, 1992... Economists look at a wide range of variables, but the fundamental indicator of performance of the nation's economy is gross domestic product, and the formal definition of U.S. recessions is based upon declines in this measure. Given the...

GSP growth slowed in late 1980s. (Arizona's gross state product)
March 1, 1992... Gross state product (GSP) figures for the late 1980s indicate that economic growth in Arizona slumped more than revealed by other indicators. Recently, the U.S. Department of Commerce, Bureau of Economic Analysis (BEA), released revised and...

'91 annual average inflation rate one-half that of '90.
March 1, 1992... The 1991 annual average increase in the Metropolitan Phoenix Consumer Price Index, 2.8 percent, was the least since 1986 and just one-half the 1990 advance. Inflation decelerated in 1991 in nearly every major category of the Phoenix CPI. The...

Arizona leading index sags further in December. (Arizona Index of Leading Economic Indicators)
March 1, 1992... The Arizona Index of Leading Economic Indicators fell in December to 116.4. The December number was 0.5 percent lower than the revised 117.0 number for November 1991 but was 1.2 percent above the December 1990 number of 115.0 (1982 100). ...

Net migration remains steady in fourth quarter 1991. (internal migration to Phoenix, Arizona)
March 1, 1992... Net in-migration to the Phoenix area was approximately 7,000 during fourth quarter 1991, the same as the estimate for the third quarter. The average since late 1987 has been 7,000 per quarter. This net in-migration, combined with an...

Purchasing indicators slip down again in January. (Arizona economic indicators)
March 1, 1992... The Arizona economy declined a bit further in January, according to indicators derived from the monthly survey of Arizona purchasing managers conducted by the Center for Advanced Purchasing Studies in the College of Business at Arizona State...