Residential Developers Market Size Expected to Reach or Exceed $200 Billion in 2023
Like many industries and markets, the residential real estate market was adversely affected by the pandemic. However, despite this disruption, the housing market is resilient with increasing homeownership in this sector. Industry reports actually see a rise in revenues through 2028. One such report from IBISWorld projects that the Housing Developers market size, measured by […]
New Lithium-Ion Battery Recycling Facility Comes to Casa Grande, First in North America for Ecobat
Ecobat, the global leader in battery recycling, is building its third lithium-ion battery recycling facility and first in North America. The new facility in Casa Grande, Arizona will initially produce 10,000 estimated tons of recycled material per year, with plans to expand capacity to satisfy the increasing need to recycle lithium-ion batteries. The Casa Grande […]
Inflation Eases Slightly on Main Street but Remains Top Business Problem
The NFIB Small Business Optimism Index increased 0.5 points in January to 90.3, remaining below the 49-year average of 98. Down six points from last month, 26% of owners reported inflation was their single most important problem in operating their business. Owners expecting better business conditions over the next six months improved six points from […]
Carvana Turns 10, Celebrating a Decade of Disrupting the Automotive Industry
Carvana, an industry pioneer for buying and selling used cars online, is celebrating ten years of disrupting the automotive industry and creating exceptional customer experiences. Powered by proprietary technology and a thriving nationwide logistics network, Carvana’s team of dedicated individuals across the country are driving the future of automotive e-commerce. The company put the power […]
Housing Market Recovery Stalls as Mortgage Rates Jump, Says Report
Some homebuyers are retreating back to the sidelines as mortgage rates ascend toward 7%, according to a new report from Redfin, the technology-powered real estate brokerage. Redfin’s Homebuyer Demand Index—a measure of requests for tours and other services from Redfin agents—fell 1% from a week ago, the first decline after a month of increases, and […]
Semiconductor Solutions Co. Launches Operations at Manufacturing Facility in Peoria
HyRel Technologies, a global provider of quick turn semiconductor modification solutions, announced it has commenced operations of its manufacturing facility in Peoria, Arizona, creating 50 new jobs. Representing a $15 million investment, the custom 20,000-square-foot facility will be geared towards touchless robotic processing systems for microelectronic components, semiconductors, tape and reel, component recovery, and NPI/contract […]
Venture Madness Selects 17 Companies as Finalists for their Annual Competition
Venture Madness by Invest Southwest has selected 17 finalists for the 2023 Venture Madness Competition. Finalists were selected by judges from a pool of 88 applicants based on market need, industry attractiveness, competitive advantage, business model, management team and investment opportunity. “These 17 companies will compete at the 2023 Venture Madness Conference for the chance to […]
Banner’s All-in-One Health Care Facility to Open at The Grove
Banner Health announced the opening of Banner Health Center plus in the Arcadia community. The center is an “all-in-one” health care facility at The Grove, located at Camelback and 44th Street in Phoenix. “Banner Health Center plus is a destination health care setting,’’ said James Cote, vice president of the non-profit organization’s ambulatory services. “We’re bringing […]
Super Bowl Sick Monday: Arizona Ranks 3rd for Wanting a Sick Day
It’s the morning after, also known as Super Sick Monday – this day has been notoriously known as a day when people call out of work. But which states suffer the most from ‘Super Bowl Sick Monday’? To reveal this, Betway analyzed Google search data for each state for terms such as ‘calling in sick […]
Super Industry: Arizona’s Sports and Tourism Sector Contributes $24.1 Billion to State Economy
As Super Bowl LVII descends on Arizona, a new report from the non-partisan Common Sense Institute finds that the total impact of the state’s sports and tourism sector is significant – a total of $24.1 billion in Gross Domestic Product and hundreds of thousands of jobs. Moreover, this important industry – 11 percent of our workforce and […]