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US, AZ economies still strong; recession not yet a concern.
October 1, 1994... Quarterly Economic Forecast
The forecast for the national economy has not changed dramatically since last quarter. The outlook is for a good Christmas season in 1994 and continued growth in 1995, although the rate of growth is likely to be...
Arizona leading index turns positive in July. (Arizona Index of Leading Economic Indicators)
October 1, 1994... The Arizona Index of Leading Economic Indicators rose in July to 98.9. The number was 0.1 percent above the revised 98.8 number for June 1994 and 2.6 percent above the July 1993 number of 96.4 (1987 = 100).
Sensitive materials prices,...
Housing still dominated 2nd quarter construction.
October 1, 1994... Shelter is a primary need not only for humans, but also for the Arizona construction industry. Even though both the retail and apartment sectors slowed during the second quarter, they still retained the potential that became evident in the first...
1991 gross state product data send mixed message. (Arizona)
October 1, 1994... Arizona's economic growth ranked seventh fastest among the states during the 1982-91 economic cycle, according to recently updated Gross State Product (GSP) estimates by the U.S. Bureau of Economic Analysis (BEA). However, compared to overall GSP...
Purchasing indicators remain strong in August. (1994)
October 1, 1994... The Arizona economy in August enjoyed its strongest growth so far this year, according to the monthly survey of Arizona purchasing managers conducted for the College of Business at Arizona State University by Dr. Harold Fearon. All indicators of...