Arizona's Economy Recovering - but Still Bad

Summary


Arizona's economy has been so bad for so long that economists now say conditions that would have been alarming in the past are now seen as good news.

That means single-digit revenue declines in each of the first three months of this year are seen as signs the state's economy is picking up, if only because the double-digit revenue slips appear to be a thing of the past.

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Arizona's Economy Recovering - but Still Bad

"Things are so lousy that anything that happens to us is going to look positive," said John Lucking, president of Phoenix-based economi...

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