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Tag Archives | economy

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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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 […]

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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 […]

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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 […]

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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, […]

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New Prison Could Benefit Regional Economy

A renewed proposal to add a 1,000-bed private prison adjacent to the existing state prison facility in Winslow is getting community support at a time when residents of some other cities are coming out against similar proposals. While some people oppose building on the city’s prison economy, many more in the jobs-starved community say that […]

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