Inflation is shrinking Arizona’s infrastructure dollars | State

(Centre Square) — A recent S&P Global report shows that inflation is driving up the total cost of infrastructure projects across the country. Arizona has some of the highest inflation rates in the nation, forcing the Arizona government to make up the difference. The report focused on the state government’s “tax-backed debt levels” and showed […]

Fastest Shrinking Local Economy In Every State – 24/7 Wall St.

The US economy continues to show resilience despite rising interest rates and inflation.Nationwide unemployment rises 3.4% in January and April this yearthe lowest interest rate since 1969. labor force participation rate — A key metric that measures the number of adults who have a job or are actively seeking a job — steadily rising After […]

Lake Powell Shrinking Water Levels Could Hurt These Areas Next

Arizona is beginning to feel the effects of the U.S. Bureau of Reclamation’s Tier 2a shortage, which began earlier this year reducing the amount of water allocated to areas receiving water from the Colorado River. The Tier 2a shortage will reduce the quota by an additional 80,000 acre feet to combat the ongoing drought in […]