Arizona Business articles from May 1990

Arizona Business archives from May 1990

Snowbirds are a half-billion-dollar industry in the Valley. (seasonal residents of the Phoenix metropolitan area)
May 1, 1990... An estimated 102,000 seasonal residents were living in mobile home and RV/travel trailer parks in the Phoenix metropolitan area (including the Apache Junction area of Pinal County) at the height of the 1989-90 season. The area's winter...

Retail sales in Arizona strengthened in 1989.
May 1, 1990... Retail sales in Arizona rose more rapidly in 1989 than in the two prior years. Following 4.7 percent gains in both 1987 and 1988, the increase in 1989 was 6.3 percent. Though the inflation rate was higher in 1989, the real percent change still...

Facts refute public finance allegations. (Arizona tax revenues and government expenditures)
May 1, 1990... An analysis of governmental revenues and expenditures indicates that the facts reported by independent, authoritative groups such as the U.S. Department of Commerce and the Advisory Commission on Intergovernmental Relations (ACIR) contradict...

Valley inflation shoots up in first quarter. (Phoenix metropolitan area)
May 1, 1990... The inflation rate exploded during first quarter 1990, reaching the highest level in nine years in the Phoenix metropolitan area. The 2.7 percent seasonally adjusted increase was more than double the rate that prevailed between 1987 and 1989....

New employment figures indicated stronger economy. (Arizona)
May 1, 1990... Revised employment data from the Arizona Department of Economic Security indicate that the Arizona economy has weathered the worst of the slowdown and has turned the comer toward recovery. the improvement, however, likely will continue to be...

Arizona leading index was lower in February.
May 1, 1990... The Arizona Index of Leading Economic Indicators decreased in February to 117.6, according to the Economic Outlook Center in the College of Business, Arizona State University. The February number was .3 percent lower than the revised 118.0...

Purchasing indicators strengthen again in March. (Arizona)
May 1, 1990... Arizona's economy is again flashing encouraging signs for the third straight month; all economic indicators were positive in March. Inventory rebuilding began, new orders received and production both saw their highest increase in six months,...