Teamwork: In-house economists make analysts more accurate
In periods of economic downturn, analysts’ forecasts are generally more optimistic than conditions warrant. On the other hand, analysts are very accurate reflecting positive signs.
Do college students pick majors based on potential earnings?
W. P. Carey Associate Professor of Finance Matthew Wiswall and Basit Zafar at the Federal Reserve Bank of New York conducted a study showing that college students lack accurate information about future earnings — information that lead some students to change their majors.
Arizona has recovered all its lost jobs, but here's the catch
Arizona has finally recovered the 315,000 jobs lost in the Great Recession, but unfortunately the new jobs do not pay as much as the ones that are gone. The Phoenix Business Journal asked regional economist Lee McPheters why.
Non-profits are 'force to be reckoned with' in Arizona's economy
The Arizona Republic reports on an L. William Seidman Research Institute report concerning the impact of non-profits to the state's economy.
Identity protection versus identity management
Arizona-based LifeLock Inc. provides proactive identity theft protection services for consumers and identity risk and credit worthiness assessment for enterprises. At the Economic Club of Phoenix on Feb.
Retail sales beat expectations, but so what?
Retail sales were up two tenths of a percent in January driven by spending on cars, clothing and online merchandise. It’s not a spectacular increase, and that’s probably because consumers aren’t sure low gas prices will endure. Economist Dennis Hoffman comments.
Blue Nile diamonds: Trust and authenticity
Harvey Kanter is the CEO of Blue Nile, the largest online retailer of certified diamonds and fine jewelry. He addressed the Economic Club of Phoenix on Jan. 28, 2016.
Everyone wins when more graduate from college
Dennis Hoffman, director of the L. William Seidman Research Institute, shows that increasing the number of college graduates in the workforce will improve the economy, resulting in higher wages for all — including those without a bachelor’s degree — and more revenue in the state treasury.
The economy at mid-expansion: Look toward the next recession
Comerica Bank Chief Economist Robert Dye says it’s time to take a different perspective on the economy. Short story: “We need to get past the view that the economy is just now recovering. We’re actually in the middle of the expansion.”
Starbucks' success brewed with a commitment to humanity
Starbucks is a worldwide brand, but its success rests on more than a cup of coffee.