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Tag Archives | economy

Trace Ward

Long-Haul Visitors, Boost to Local Economy

Did you know that Flagstaff welcomes more than 500,000 international visitors annually? And, those long-haul visitors have an economic impact of nearly $70,000,000 on our local economy. It is Flagstaff’s time to shine on the international stage. Our destination is appealing to the international traveler – especially the repeat international visitor who has already experienced […]

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Jackson

What Does Business Attraction Mean for Flagstaff?

Why don’t we have an In-n-Out Burger, Trader Joe’s or a Costco yet? That is the most commonly asked question that I receive. These types of businesses are considered retail businesses and are providing specific products direct to the consumer. The retail sector tends to get the most publicity because that’s what most consumers interact […]

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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 […]

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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. […]

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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 […]

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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 […]

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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 […]

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