Arizona Business articles from May 1993

Arizona Business archives from May 1993

City real estate markets reflect Valley's diversity; sales, median prices vary widely. (Arizona) (Industry Overview)
May 1, 1993... Metropolitan level data on Phoenix area real estate provides useful information on the general direction and health of the market, but a closer examination reveals that housing activity--especially sales and median price--varies widely across the...

Phoenix area housing vacancy rates will continue to fall. (Phoenix, Arizona) (Industry Overview)
May 1, 1993... The housing vacancy rate in the Phoenix area peaked at 7.1 percent in late 1988 and has since been falling, to near 4 percent at the end of 1992, according to seasonally adjusted figures from the Phoenix Metropolitan Housing Study. Using the...

National migration patterns changed in 1991-92. (includes related article on new definitions of metropolitan areas)
May 1, 1993... The geographic pattern of state-to-state migration flows was substantially different in 1991 and 1992 than during the 1980s, according to population estimates made by the U.S. Bureau of the Census. Much of this shift reflects regional changes in...

Big changes coming in American age distribution.
May 1, 1993... Continued shifts in the age structure of the U.S. population will have further impacts on a wide array of businesses and governmental programs. The most important factor in this changing age distribution is variations in the number of births....

State and national economic recovery began in 1992. (Arizona)
May 1, 1993... Arizona's sluggish economy showed signs of improvement in 1992, expanding more rapidly than the national average based on the measure of real earnings. Neighboring California, however, remained mired in an economic slump. Nationally, quarterly...

Arizona retail sales posted strong gains in 1992. (Industry Overview)
May 1, 1993... Retail sales gains in Arizona in 1992 were the strongest in years. On an inflation-adjusted per person basis, retail sales rose 2.5 percent in 1992, the first gain since 1986 and the greatest annual rise since 1983. The sales level, however,...

Higher inflation indicates recovering economy. (Phoenix, Arizona)
May 1, 1993... The quarterly inflation rate in the Phoenix metropolitan area accelerated in first quarter 1993 to 1.6 percent (seasonally adjusted), up from approximately 1 percent per quarter in the last three quarters of 1992. Higher inflation is an...

Arizona leading index takes positive direction in February.
May 1, 1993... The Arizona Index of Leading Economic Indicators rose in February to 116.7. The number was 0.3 percent above the revised 116.3 number for January 1993 and 1.4 percent below the February 1992 number of 118.4 (1982 = 100). Maricopa County...