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- All Subjects: Arizona--Economic conditions
- Creators: The Pride Publishing Company
- Creators: Slaven, Mike
The Western Blue Chip Economic Forecast, which now incorporates the Arizona Blue Chip Forecast, focuses on the changing economies of 12 Western states: Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Western employs the proven accuracy of the consensus forecasting method brought to prominence by the late Robert J. Eggert, often referred to as the "Sage of Sedona." Forecasts are compiled by website editor Lee McPheters, research professor of economics in the W. P. Carey School of Business, who has studied the Western region for over two decades.
Following an analysis of economic conditions, this paper examines actions that can be taken by state governments to stimulate the economy. The only action that results in a significant near-term effect is to accelerate spending on physical infrastructure that has already been identified as needed.
This report looks at the economic impact regarding permanent residency vs. U.S. citizenship, as part of the options in the immigration reform package being considered by Congress. Arizona’s overall economy would benefit significantly if undocumented immigrants become U.S. citizens instead of simply legal residents, according to the author.