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, for example, may determine just how many jobs Pinetop’s Small Business of the Year will create and retain in 2012 and whether Show Low will actually fulfill its … [Read more...] about Evaluating the Swiss Connection on Northern AZ
economy
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 ship has sailed and the facility would bring new life to the area. Executives at LaSalle Corrections promise the facility would create 215 new permanent … [Read more...] about New Prison Could Benefit Regional Economy
Snowbowl Upgrades to Benefit Skiers and the Economy
As construction on upgrades continue at Arizona Snowbowl in preparation for the upcoming season, many people have been curious about what is underway on the mountain. In this Flagstaff Business News exclusive, the resort's general manager, J.R. Murray, shared his enthusiasm about the improvements, which include infrastructure of snowmaking equipment. FBN: How are the upgrades at Snowbowl going to improve what is offered to skiers? Murray: Upgrades to the Arizona … [Read more...] about Snowbowl Upgrades to Benefit Skiers and the Economy
Exporting Key to Region’s Economic Improvement
One way to strengthen Northern Arizona's economy is to look to international markets. That's where Export University comes in. Held last month in Flagstaff, Export University was a day-long training with government and industry extolling the benefits of international expansion. It's like learning to ride a bike, says Andy Kruse, who is passionate about exporting. He cofounded Southwest Windpower in the mid-1980s and exports to countries around the world. "At first, it is difficult, but once … [Read more...] about Exporting Key to Region’s Economic Improvement
AZ Bio Educational Day
Aug 29. 11:a.m. and 5:30 Join AZBio and NACET of an Opportunity Double Header. At Lunch Time - Get an edge on your completion with a great educational workshop, Regaining Your Competitive Edge: How to Compete in the New Economy An AZBio BizPath Educational Work Shop Presented by Charles Loew, President of Maset, LLC Then - come on over and join us after hours for a BEER & BIO mixer at TinderBox Kitchen from Time: 5:30 PM - 7:30 PM Beer & BIO - August 29, 2011 at … [Read more...] about AZ Bio Educational Day
Supreme Court Sides with AZ’s Plans to Cut Medicaid
State Prevails on Proposition 204 Litigation. Governor's Statement. “I applaud the Superior Court today for its ruling regarding the State of Arizona’s Medicaid Reform Plan. This ruling ensures that elected officials maintain their authority to make difficult financial decisions on behalf of the State of Arizona. “I don’t take lightly the Medicaid reforms we’ve implemented. The human impacts are real. But I and members of the Legislature were elected to make difficult … [Read more...] about Supreme Court Sides with AZ’s Plans to Cut Medicaid
Buyers Signing Contracts but Closings are Few
Lots of info packed into last week's video from National Association of Realtors Chief Economist Lawrence Yun. He covers the continued uptick of pending home sales in June and the dissappointing closing results following a similar uptick in May. Yun also covers the impact the gridlock in Washington has had on the economy and real estate markets and the threat of rising interest rates caused by the debt-ceiling impasse. Even though it looks tonight like that impasse is resolved, interest rates … [Read more...] about Buyers Signing Contracts but Closings are Few
Cardinals Training Camp Underway in Flagstaff
The Arizona Cardinals football team is back in Flagstaff, preparing for their upcoming season by training at high altitude. The Flagstaff training, where team members use the facilities at Northern Arizona University, is a favorite for many fans, who enjoy the up-close contact with players. Many businesses also enjoy the Flagstaff training camp, which generates millions of dollars for the local economy. (FBN's Jon Gustafson recently prepared this report on the Cardinals training camp … [Read more...] about Cardinals Training Camp Underway in Flagstaff
USGS Bringing Millions to Flagstaff Economy
The Flagstaff Science Campus (FSC) of the United States Geological Survey (USGS) has played an integral part in scientific research as a training hub for moon-bound astronauts since its beginnings in the early 1960s. While the FSC has moved into more diversified fields of study, it remains a vital part of Flagstaff’s economy and of advanced natural science research on a local, regional and national level. “The FSC is comprised of five separate centers,” said Bob Hart, scientist in charge … [Read more...] about USGS Bringing Millions to Flagstaff Economy
Moratorium on Uranium Mining Extended
The federal government today extended a moratorium on new mining claims at the Grand Canyon. The extension will be in place for six months, said Interior Secretary Ken Salazar. The Interior Secretary cited concerns about water, air quality and scenery for the moratorium. Salazar has said he and the Obama administration prefer a 20 year ban on new mining claims but they are still studying the issues. Mining groups are critical of the decision, saying more uranium mining is needed to … [Read more...] about Moratorium on Uranium Mining Extended