The Phoenix Business Journal is a great publication that not only promotes local businesses but informs readers on what is trending and top of mind in the business world! Over the past few weeks there have been noteworthy activity that will not only stimulate the economy but stimulate the valuation on your Valley of the Sun home!
Barrett-Jackson Generates $168M Economic Impact For Arizona
According to the study, paid for by Barrett-Jackson and the city of Scottsdale and prepared by Elliott D. Pollack & Co., this year's economic impact was $167.8 million, an increase of almost $70 million over the past 10 years.
This year's event drew around 350,000 attendees from all 50 states and 15 countries, and generated over $6 million each year in tax revenue for the state of Arizona and nearly $2 million for Scottsdale’s coffers. Click Here to read entire article - Steven Totten | Phoenix Business Journal
Phoenix Has Higher Wage Growth Than San Fansisco
Wages and salaries in metro Phoenix increased slightly more than those in San Francisco and Silicon Valley in the year ending June 30, according to new data from the Bureau of Labor Statistics. Phoenix workers saw an increase of 2.4 percent over the past year. That was a small tick better than in the Bay Area, where wages rose 2.3 percent. Click Here to read entire article - Eric Jay Toll | Phoenix Business Journal
Not Your Typical Action Packed Movie
Transformers took over the west valley and the Loop 303 in June, 2016. The project shot for 10 days, but spent about two months in the state, and worked closely with the governor's office, as well as police, firefighters, the city of Phoenix and the Arizona Department of Transportation.
In total, producers spent about $15 million in the state, hired around 40 locals — mostly production assistant-level positions — and used more than 50 local vendors, including dry cleaners, telecommunications, and possibly even a bull or sheep wrangler, according to Phil Bradstock, Phoenix Film Commissioner. Click Here to read entire article - Steven Totten | Phoenix Business Journal