The Phoenix-area housing market is starting to see a little relief from the foreclosure crisis. A new report from the W. P. Carey School of Business at Arizona State University shows that, in October, foreclosures made up 26 percent of the existing-home transactions in the market. That's the lowest level since April 2009. Still, the report's author wants to be clear, the end is not in sight.
Though it's been a rough year for many small businesses and entrepreneurs, some Arizona companies have managed to thrive and even add jobs in the down economy. Today, five area businesses were honored for their contributions to our community. They're the winners of the 15th annual Spirit of Enterprise Awards from the W. P. Carey School of Business at Arizona State University.
A new customer-rage study shows fewer American consumers than ever are satisfied with the products and services we buy. The national phone survey of 1,000 households gives an in-depth look at our dissatisfaction, the bad customer service received when we complain, and the Web's new role in venting our anger. The Center for Services Leadership at the W. P. Carey School of Business at Arizona State University helped design the survey.
One of the nation's largest and highest-ranked business schools broke ground on a new state-of-the-art facility today. As part of Arizona State University's Homecoming festivities, about 300 people attended the groundbreaking ceremony for the new McCord Hall at the W. P. Carey School of Business.
One of the most highly regarded international business newspapers just released its new rankings of executive MBA programs, and the W. P. Carey School of Business at Arizona State University ranks Top 20 worldwide. The Financial Times, Britain's equivalent of The Wall Street Journal, applauds the school's prestigious EMBA program in China as No. 20 globally and the No. 2 executive MBA program affiliated with any U.S. public university.
Giving people more choices can eliminate wasteful spending, even in health care. New research from the W. P. Carey School of Business at Arizona State University shows that one government program has worked to cut the amount of money Americans were wasting out of pocket, despite intense speculation about how confusing the program would be. The research on Medicare Part D reveals consumers can make good choices when faced with lots of private insurance options, and this may have much broader implications for health care reform in general.
The amount of activity in the Phoenix-area housing market dropped significantly last month. A new report from the W. P. Carey School of Business at Arizona State University reveals the decrease and explains that it's largely due to a decline in foreclosures.
As one of the largest and highest-ranked business schools in the country, the W. P. Carey School of Business at Arizona State University is home to 10,000-plus students -- more than some entire universities. In order to keep up with its growing student population and to play an even bigger role in educating business leaders of tomorrow, the school is about to break ground on a new 129,000-square-foot, state-of-the-art building that will complement its two existing structures. McCord Hall will be named for philanthropist Sharon Dupont McCord and her late husband Bob McCord.
Despite the intense twists and turns of the U.S. economy over the past several years, one man was able to sort through all the static and deliver an extraordinarily accurate forecast of the recession and recovery we're all enduring. Because of this, Goldman Sachs Chief Economist Jan Hatzius is the winner of the prestigious Lawrence R. Klein Award for economic forecasting this year, becoming one of only a handful of people to take the award twice. Former U.S. Treasury Secretary Lawrence Summers will present Hatzius with the award at a high-profile event in New York on Oct. 20. At the ceremony, Hatzius will also deliver his economic forecast for 2012.
Despite the rough economy, some of the best businesses in Arizona are still growing, adding jobs and boosting our community. The W. P. Carey School of Business at Arizona State University is honoring 10 of the top companies in the state for their achievements. They are the newly announced finalists for the prestigious Spirit of Enterprise Awards, now in their 15th year of celebrating entrepreneurship.