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Arizona economy

Report: AZ State Tax Revenues $55M Below Budget

May tax withholding fell short of expectations, financial analysts say; state spending remains below forecast.

House for sale in Tucson, Arizona

Tucson Home Sales Strongest on City's South Side

Affordable pricing cited in data that show greatest percentage of listed homes sold in three ZIP Codes.

Report: More Tucsonans Employed By Foreign-Owned Companies

Brookings Institution says as of 2011 4.9% of local jobs with businesses based outside US.

Pima Gets $3.2M to Compensate Fed Held Land Losses

County gets no property tax revenue; counties in AZ being paid total of $34.5 million under program.

AZ's Unemployment Rate Drops in May

Downward trend continues, accompanied by loss of jobs in private sector; growth in education, health services, hospitality.

Pima County Approves $1.2B Budget on Party Line Vote

Fiscal year begins in July, property tax rate goes up, spending reduced.

Metro Week: Pima County Property Taxes Likely Going Up

Supervisors to decide between budget cuts, raising tax.

AZ Corp. Commission Holding Hearing on TEP Takeover Today

Hearing officer will review settlement agreement reached by UNS Energy, Canadian-based Fortis, Inc.

ASU Researchers: PHX Housing Market Has Rebounded

Report by W.P. Carey School of Business also says unlikely home prices will shift either higher or lower this year.

Fletcher McCusker, chairman of the Rio Nuevo District Board, talks about the project and recent chanes to their funding.

Downtown Redevelopment District Bond Rating Downgraded

Lack of control of sales tax revenue, Tucson municipal rating reduction contribute to district decrease.

A border wall between Douglas and Mexico.

Tucson Aerospace Company Looks to Increase Business in Mexico

For past 3 months, Airtronics has been operating a plant in Nogales, Sonora; partners with locals.

Ports of Entry Working to Make City Intl Trade Powerhouse

Proximity to Mexico puts Old Pueblo in middle of opportunities for economic development; many hope to keep growing.

Metro Week: Tucson Budget Stability Long-Term Problem, No Easy Answers

Council wrestles with yearly deficits, short-term fixes; they this week approved a $1.26B budget after making more than $30M in cuts.

Metro Week: Tucson Budget Stability Long-Term Problem, No Easy Answers

Council wrestles with yearly deficits, short-term fixes; they this week approved a $1.26B budget after making more than $30M in cuts.

House for sale

Median House Price in Pima Well-Below 10-Year High Point

Data shows average price in county is $144K, which is 36% lower than it was at its recent peak in 2006.

Tax preparation help

Free Income Tax Program Saves Arizonans Millions

Around $21.7 million in savings thanks to the United Way of Tucson and Southern Arizona volunteers.

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[Economy]