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Arizona will have added more than 100,000 jobs by the end of the year, with 86,000 of them in metro Phoenix, economist Dennis L. Hoffman said at Wednesday’s 59th annual ASU/PNC Bank Economic Forecast Luncheon. Arizona continues to have a pro-growth economic setting with a competitive tax structure, but declining housing affordability, as well as inflation and interest rate hikes threaten to slow economic expansion

Arizona’s economy is well-positioned even as the Federal Reserve hits the brakes on the economy to slow inflation, economists tell attendees at the 59th annual ASU/PNC Bank Economic Forecast Luncheon.

July 26, 2021 Protesters gather Monday morning outside Sen. Kyrsten Sinema’s office on Camelback Road in central Phoenix. Police arrested 39 people – including the Rev. Jesse Jackson – at the sit-in. (Photo by Emma Ascott/Cronkite News) PHOENIX – Full-time minimum wage workers can’t afford a two-bedroom apartment in any state, according to a recent report from affordable housing advocates, and with housing costs skyrocketing in Arizona, many workers are struggling. According to the National Low Income Housing Coalition’s annual Out of Reach report, those workers in 93% of U.S. co...