When
Where
Join us for Eller's Economic Outlook Luncheon with Jennifer Pullen and George Hammond, as well as Jay Hawkins, senior economist at PNC Financial Services Group, as they offer analysis and insights on what to expect for the global, state, and local economies in the future.
Arizona’s economy lost steam last year, with very slow job gains. That weakness has continued into 2025, according to the preliminary data. This has been matched by modestly rising unemployment and rapidly falling hire rates. Overall, the labor market appears to be on a knife-edge, if the preliminary data are correct. Income growth was also slow to start the year, but taxable retail sales growth has firmed through June. Housing cost burdens remain very high, with housing permit activity down so far this year, compared to the same period last year.
Where are the global, national, state, and local economies headed next? How fast will the Federal Reserve reduce interest rates? Will housing affordability improve with falling interest rates? Will Arizona's labor market regain its vigor? How will tariffs and mass deportations impact the U.S. and state economies? Can asset prices continue to rise?
Be sure to register and attend this key event!
- View our award-winning Arizona’s Economy magazine at azeconomy.eller.arizona.edu.
- Visit the award-winning MAP Dashboard at mapazdashboard.arizona.edu for the latest indicators on Southern Arizona.
- Visit azmex.eller.arizona.edu for the latest Arizona-Mexico economic indicators.
- Download Arizona’s Economy smartphone app at the App store and Google Play to track the state economy in real time.
About PNC Bank: PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.
For more information call EBRC Special Events at 520-621-2155 or email outlook@eller.arizona.edu