Economy Showing Signs of Improvement
The trucking industry is just one measure of the economy, and local changes in that industry show things are improving in Northern Arizona. North Carolina based Old Dominion Freight Line recently opened a site near the Flagstaff auto park to serve customers in Northern Arizona. Gerry Mendoza, Old Dominion’s service center manager at the new >> Read More…
Economy Showing Signs of Recovery
Government officials say the unemployment rate is evidence of a stronger economic recovery. The jobless rate dropped to 7.7 percent last month, the lowest level since President Barack Obama was elected. The jobless rate improvement and an increase in hiring of 236,000 jobs in the United States has many thinking the economy is moving forward. >> Read More…
United Way Stimulating Local Economy
According to a recent Arizona Rural Policy Institute study, the economic impact of the United Way of Northern Arizona on Northern Arizona is approximately $4.5 million in total output and 50 full-time-equivalent jobs. The Institute, part of the award-winning W.A. Franke College of Business of Northern Arizona University, stated, “In addition to aid provided to >> Read More…
Study Shows Arts Boosting Local Economy
The non-profit arts, culture and sciences industries generate $73 million in annual economic activity in the City of Flagstaff, supporting 2,497 full-time equivalent jobs and generating $7.6 million in local and state government revenues, according to the Arts & Economic Prosperity IV national economic impact study. Flagstaff Cultural Partners (FCP) recently unveiled the Flagstaff portion of the >> Read More…
Economy Could See Boost from Potash Mining
During the 1960s and 1970s, two companies called Arkla Exploration and the Duval Corporation explored Northern Arizona for potash in the Holbrook Basin by drilling over 100 holes. The Holbrook Salt Basin is a project area that rests approximately seven miles east of Holbrook, Arizona. A report was released with compelling evidence that the location >> Read More…
Winterfest and Growing Winter Tourism and Recreation Economy
Northern Arizona’s high-elevation winters have long been desert havens for snow sports like skiing, snowboarding, snowshoeing and even dogsled racing. A growing number of visitors have been choosing Northern Arizona as their wintertime destination for more simple pleasures – enjoying local shops and restaurants and recreating at newly-opened snow play areas like Wing Mountain and >> Read More…
What are Northern Arizonans Predicting for 2012?
January always brings customary predictions for what the New Year will hold. While some laugh at Doomsday prophesies based on Mayan calendars, others are concerned about the election year, the economy or business opportunities. One thing is for sure, 2012 offers an abundance of events ripe for prognostication. Flagstaff Business News asked Northern Arizonans what >> Read More…
Mixed Reactions to Ban on New Uranium Mining
Conservation groups are applauding the Obama administration’s final decision this week, protecting 1 million acres of public land around Grand Canyon National Park from new uranium mining. Today’s Interior Department “record of decision” establishes a 20-year ban on new uranium mining and mining of current claims without valid permits across 1 million acres (more than 1,500 >> Read More…
Evaluating the Swiss Connection on Northern AZ
Small town values and “standing firm” may be at the heart of doing business in Snowflake and other Mountain towns. But understanding the impact of financial and monetary decisions half a world away from Arizona is increasingly important, too. The ongoing debt crisis in Europe and the ripple effects of a strong currency in Switzerland, >> Read More…
