Despite talk of economic recovery in the United States, many people here in Arizona are still wondering when we'll finally see some significant improvement. Top experts on both the U.S. and Arizona economies will present their forecasts for 2011 at the Valley's largest and most trusted economic-forecasting event. The 47th Annual Economic Forecast Luncheon, co-sponsored by the Department of Economics at Arizona State University's W. P. Carey School of Business and JPMorgan Chase, will be held Dec. 1.
Foreclosure-related activity continues to dominate the Phoenix-area housing market. A new report from the W. P. Carey School of Business at Arizona State University shows 65 percent of the recorded existing-home transactions last month were either foreclosures or the resales of previously foreclosed-on properties.
Sometimes you just want to watch a rerun of your favorite old TV show or eat a favorite childhood treat. Well, a new study led by two researchers from the W. P. Carey School of Business at Arizona State University shows that deep down, you may be making those nostalgic choices because you're really trying to fulfill a temporary need to belong.
Is the Phoenix-area housing market experiencing a new downward trend? A new report from the W. P. Carey School of Business at Arizona State University reveals a year-over-year decline in home prices for the second month in a row. After a year of relative stability, this is not good news for Valley homeowners.
Two newly released lists applaud the W. P. Carey School of Business at Arizona State University for being one of the best business schools around. The highly regarded Financial Times newspaper just announced it ranks the school's executive MBA program in China as No. 28 in the world. In a new publication, the Princeton Review gives the school high marks and says it has a growing reputation throughout the country.
The Phoenix area just hit an unfortunate record for 2010. According to a new report from the W. P. Carey School of Business at Arizona State University, 46 percent of the total transactions in the existing-home market last month were foreclosures. That's the highest percentage recorded in any month this year. Unfortunately, the report's author predicts even more trouble from foreclosures.
Three well-known business leaders will receive a high honor from Arizona State University for their contributions to our economy and community. This month, they will be inducted into the W. P. Carey School of Business Homecoming Hall of Fame, joining an elite group of previous inductees from such diverse organizations as the American Red Cross, Motorola, PayPal, the U.S. Air Force, Wells Fargo Bank, XM Satellite Radio and the Arizona Diamondbacks.
Experts have long believed there are two main ways our brains work: 1.) cognition, which is thinking or processing information, and 2.) affect, which is feeling or emotion. However, a new breakthrough was just made in regard to a third faculty of the brain called conation. "When people make 'gut' decisions or choices based on instinct, that's really conation," explains Associate Professor Pierre Balthazard of the W. P. Carey School of Business at Arizona State University, who worked on the new research.
Both residential and commercial real estate prices in the Phoenix area are still suffering in the rough economy. New reports from the W. P. Carey School of Business at Arizona State University show Valley home prices going negative for the first time in months, while commercial real estate prices are about 30 percent lower than at the same time last year.
Everyone knows we're in an incredibly difficult job market right now. However, if you have a recent degree from the W. P. Carey School of Business at Arizona State University, you're probably doing very well.