News

Phoenix real estate entered 2020 on a high, which should ease the pandemic's market impact

How much the Valley's housing market cools will depend on how many people receive benefits from the government stimulus package and if those benefits are enough to help people avoid credit problems, evictions, foreclosures, and taking on more credit-card debt.

'A little bit of chaos': How food supply chain is — and is not — working

Supply Chain Management Professor of Practice Hitendra Chaturvedi talked with Mark Brodie, co-host of KJZZ's The Show, about the implications of meat suppliers testing positive for COVID-19 and farmers dumping milk and letting crops rot.

What unemployment claims tell us about coronavirus job losses

Millions of U.S. workers have filed unemployment applications each week since disruptions became widespread from the coronavirus pandemic. A survey by economics researchers provides more timely and accurate jobless information than the Labor Department's weekly report.

Virtual reality, 'experience zones' part of post-pandemic shopping, ASU professor says

Many big-box retailers like Pier 1, J. C. Penney, and Nordstrom are announcing a permanent closure of some or all of their stores. What will retail shopping look like after the crisis?

Arizonans desperate for extended benefits as DES attempts to keep up with claims

More than 653,000 Valley workers filed for unemployment assistance since the pandemic shut down the state. The Department of Economic Security is struggling to keep up with the high volume of claims — and the demand for help is expected to keep coming.

This is the critical link to successfully reopening the US economy

A supply chain management professor of practice warned that efforts to strengthen the supply chain, such as diversifying sources and manufacturing to other countries, automation, larger inventories, more complete risk analysis will widen the gap between large and small businesses.

ASU economics professor predicts a slow state recovery

Although the economy is expected to gradually improve beginning in July, the unemployment rate in the Valley will still be in at nearly 10% by December.

Real-time survey to provide timelier labor market data in era of COVID-19

Employment data needs to be accurate and up-to-date, but most traditional economic statistics, such as those for the labor market, fall short because they are reported with an extremely slow response.

Arizona economy still a long way from normal

Governor Doug Ducey's stay-at-home order officially expired on May 15. What will the Valley's new way of life look like? Arizona PBS asked Professor of Economics Dennis Hoffman.

Expert expects more retailers to follow Chandler, Arizona, Nordstrom permanent closure

E-commerce has become more popular over the past few years, and COVID-19 has sped up consumer's desire to shop online even more.