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Commercial real estate adjusting to changed market.
September 1, 1993... The current recovery from the real estate bust of the late 1980s is being driven and dominated by the single-family housing sector. However, it was the commercial sector that drove the booming real estate market of the 1980s. During the 1980s, a...
Home sales, affordability remain strong in 2nd quarter. (housing market)
September 1, 1993... In politics, the coattail effect pulls weak candidates into office behind stronger candidates of the same party. Now, real estate professionals are discussing the coattail effect of the single-family market. Can its surging growth help to pull...
Caution urged in interpretation of labor force statistics.
September 1, 1993... Monthly reports of the status of Arizona's labor force should be interpreted cautiously since the survey on which the data are based "does not permit the production of reliable monthly estimates for all states" (U.S. Department of Labor, BLS...
Federal employment forecast for Arizona is too high.
September 1, 1993... In late July, a forecast of 1993-96 employment gains by state was released by the Clinton administration. Nationally, 8.3 million new jobs were forecast from 1993 to 1996. Some analysts argue this figure is too high. However, in each of the last...
Arizona colleges, universities are few and large.
September 1, 1993... Arizona had relatively few institutions of higher education in 1990, but they were on average very large. The student-to-faculty ratio was high. Despite the few institutions, college students represented a relatively high proportion of the...
Travel time to work about average in Arizona.
September 1, 1993... The mean travel time to work in 1990 in each of Arizona's urbanized areas was about average given the populations and geographic size of each area.
Commute times and broader transportation issues are considered by businesses and individuals to...
US, AZ economic growth remains slow and erratic. (Arizona)
September 1, 1993... Two years into the economic recovery, economic growth both locally and nationally remains slow and erratic, not even reaching average rates for an entire economic cycle. After accelerating in 1992, growth rates have proceeded no further in 1993....
Arizona Leading Index slips slightly in June.
September 1, 1993... The Arizona Index of Leading Economic Indicators declined in June to 116.1. The number was 0.2 percent below the revised 116.3 number for May 1993 and 1.4 percent below the June 1992 number of 117.8 (1982 = 100).
Employment from the purchasing...