"Arizona's economy definitely got sicker in the fourth quarter, judging from the latest batch of state numbers.
Because federal and state data lag a month or more behind, the realities of what actually happened late last year are just now coming out.
Arizona motor-vehicle sales fell 44 percent and overall retail sales fell 15 percent in October, compared with a year earlier. That's according to November taxable-sales reports from the Arizona Department of Revenue. Unemployment claims soared 80 percent in October and an even higher 104 percent in November in the state, the U.S. Department of Labor said."
Click below to read more...
4th-quarter conditions get worse for Ariz.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment