Wholesale prices in the U.S. dropped by the most in three years, driven largely by lower fuel prices. Bloomberg reported the prices businesses paid for goods used in products fell 0.7 percent in April following a 0.6 percent drop in March. The April decrease was the largest since February 2010. Price growth is being kept [...]
Posted on May 15th, 2013 by admin
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A 2.3 percent tax on medical devices used to fund elements of the Affordable Care Act could cost the U.S. 45,000 jobs during the next 10 years, according to a report from the Tax Foundation Albuquerque Business First reported the tax is expected to raise about $30 billion during that time, but that it will [...]
Posted on April 10th, 2013 by admin
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Turns out Doug Parker isn’t much of a showman after all. The U.S. Airways CEO apparently prefers to stay out of the spotlight, even when he’s making his big debut in Chicago. Parker, who will take control of American Airlines when the announced merger with Tempe-based U.S. Airways (NYSE: LCC) is finalized, snuck into Chicago [...]
Posted on April 7th, 2013 by admin
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The U.S. has much to do in emerging from the Great Recession if it hopes to do better in attracting and retaining international business, according to experts this week discussing the issue. Rep. Kyrsten Sinema, a Democrat in Arizona’s Congressional delegation, says the country must address its federal budget and deficit, take the regulatory burden [...]
Posted on March 29th, 2013 by admin
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The Las Vegas Sun is reporting that confidence among U.S. homebuilders fell this month because of concerns that increased demand for new homes is exceeding supplies of ready-to-build land, building materials and workers. Click here for the full story. Tweet This Post
Posted on March 19th, 2013 by admin
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U.S. businesses added 198,000 employees to their payrolls in February, a number that exceeded analyst estimates and indicate continued job market expansion. Bloomberg reported that payroll company ADP, which releases the monthly tally, also revised its January figures to show 215,000 jobs were added in January, a number higher than originally released. The estimates for [...]
Posted on March 6th, 2013 by admin
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Solar demand rose last year but not as much as the industry had hoped, and California proved that if you have a high renewable standard then you’re going to get a lot of solar. First, the mediocre industry news. Solar demand was up 5 percent to 29 gigawatts worldwide, according to a report this week [...]
Posted on February 24th, 2013 by admin
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It might feel like we’re experiencing an economic recovery this year, but actually, it won’t be until next fiscal year when we really begin to see signs of significant growth in the economy both locally and nationally. That was the message delivered this morning by Jim Rounds, senior vice president and senior economist with Elliot [...]
Posted on February 23rd, 2013 by admin
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Three Arizona small businesses have been named Blue Ribbon Small Business Award winners by the U.S. Chamber of Commerce. Tempe-based Precise Corporate Staging, Phoenix-based Duffy Group Inc. and Casa Grande-based Studio 3 Beauty Designs were recognized for demonstrating excellent business practices in several areas including strategy, employee development, community involvement and customer service. The U.S. [...]
Posted on February 8th, 2013 by admin
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The U.S. Postal Service will stop delivering first-class mail on Saturdays beginning in August. CNN reported the Postal Service, which has been running billion-dollar deficits, will make the move but will continue to deliver packages. While the move may impact businesses, email and overnight carriers such as FedEx and UPS helped put the Postal Service [...]
Posted on February 6th, 2013 by admin
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