Seven companies promising to create 5,195 new jobs in the state were awarded incentive grants from the Arizona Competes Fund in the 2020 fiscal year, according to the annual report released by the Arizona Commerce Authority, which oversees the fund.
Read MoreDallas-based Exceptional Healthcare Inc. is poised to invest $150 million to develop hospitals in Arizona, starting with what will be the first hospital to be built in the city of Maricopa.
Read MoreThe S&P CoreLogic Case-Shiller index of home prices in 19* U.S. cities rose 5.7% in August from a year ago, the greatest year-over-year gain since 2018, driven unsurprisingly by tightened supply amid record-low interest rates.
Read MoreThe tech industry’s share of U.S. office-leasing activity in this year’s first half inched down to 20 percent from 21 percent last year, as tech employment has proven resilient during the pandemic, according to CBRE’s annual Tech-30 report.
Read MoreThe employment market continued to recover in September, as the latest jobs report shows that the national unemployment rate has fallen to 7.9%, which is 46% below the peak of 14.7% during the height of the COVID-19 pandemic. To provide more context at the city level, WalletHub today released its report on the Cities Whose September Unemployment Rates Are Bouncing Back Most, as a follow-up to its report on the States Whose Weekly Unemployment Claims Are Recovering the Quickest.
Read MoreAt a time when existing home inventory is near an all-time low, Phoenix home prices continue to rise — and homebuilders simply can’t keep up with demand.
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