The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears to be sputtering, home sales are tumbling and economists warn of a potential recession ahead. But consumers are still spending, businesses keep posting profits and the economy keeps adding hundreds of thousands of jobs each month. In the midst
Rare earth elements (REE) are a set of 17 elements that are an essential part of many modern-day processes and industries. Some of the most common applications of REEs can be found in electric vehicles, wind turbines and military applications. However, many other industries also use REEs, including medical diagnostics and pharmaceutical and agricultural fields.
Governor Doug Ducey highlighted Arizona’s economic momentum and workforce development during a National Governors Association Workforce Symposium discussion with Bill McBride, executive director of the association. Arizona had some of the strongest economic momentum in the country last year, and has been able to maintain it throughout the pandemic recovery. We have been a leading
Manufacturing is a constantly evolving field. Technological developments play a huge part in making production more efficient, more uniform, and less dangerous. Here are some of the inventions that changed the manufacturing industry the most. Computer-Aided Design Computer-Aided Design – or CAD for short – has revolutionized the manufacturing industry. When used effectively, CAD software
A much-awaited economic boom coming off the pandemic recession appeared to edge closer to reality Thursday with fresh data showing the pace of layoffs dwindling, consumers spending freely and manufacturing rebounding. The latest barometers point to a U.S. economy that’s steadily regaining its health as vaccinations accelerate, business curbs are lifted in many states and
Arizona is ranked third best in the nation for economic momentum, based on a new report by State Policy Reports. The report ranks states’ economic momentum based on growth in personal income, employment and population. Arizona ranked in the top four for employment growth and population growth. Arizona is tied for third with Montana. “Arizona’s