Arizona gains 27,900 jobs over year as June employment drops seasonally
Arizona added 27,900 nonfarm jobs from June 2025 to June 2026, led by health care and social assistance, even as employment fell by 46,700 jobs in June.
Business & Economy
Jobs, labor, companies, prices, investment, markets, trade, agriculture, energy, and consumer economics.
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SpaceX reports $7.81 billion in second-quarter revenue as AI spending surges
SpaceX’s first quarterly report as a public company showed a 92% year-over-year revenue increase, a smaller-than-expected loss and $15.8 billion in AI capital spending during the quarter.
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USITC Sets August 21 Deadline for Report on Revoking China’s Permanent Trade Status
The U.S. International Trade Commission is examining how ending permanent normal trade relations treatment for Chinese products could affect the U.S. economy, industries and product sourcing.
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Colorado forecast warns of shrinking labor force and weakening housing market
A June forecast from Colorado’s Legislative Council reports a 1.5% year-over-year decline in the labor force and a more than 7% drop in average single-family home prices.
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BLS set to release July jobs report as wage growth outpaces inflation
The Bureau of Labor Statistics is scheduled to release its July 2026 employment report on Aug. 7, while its latest data show median weekly earnings rose 4.6% year over year in the second quarter.
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U.S. Productivity Report Due Aug. 6 Ahead of July Jobs Data
The Bureau of Labor Statistics will release preliminary second-quarter productivity and costs data at 8:30 a.m. Eastern time on Aug. 6, one day before the July jobs report.
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Delaware launches statewide office to help small businesses navigate government
The Office of Small Business Access will give Delaware entrepreneurs a single point of contact for regulatory, licensing and permitting challenges, along with connections to state resources.
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Alabama employment reaches record high as June unemployment rises to 3.2%
Alabama’s wage-and-salary employment reached a record 2,224,200 jobs in June, while the preliminary seasonally adjusted unemployment rate increased from 3.0% in May to 3.2%.
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Blue Origin plans $600 million Florida manufacturing expansion with 500 aerospace jobs
Blue Origin plans to invest $600 million in a Florida manufacturing expansion expected to support 500 aerospace jobs, with an average salary above $98,000.
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Hawaii forecasts slower 2026 growth, modest job gains and 3.8% Honolulu inflation
Hawaii’s economic forecast calls for continued growth in 2026, but at a slower pace, with modest employment gains and elevated Honolulu inflation gradually easing through 2029.
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Connecticut payroll jobs hit record high as unemployment rises to 5.2%
Connecticut reached a record 1,726,500 payroll jobs in June, even as the unemployment rate climbed from 4.3% in December to 5.2%.
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Olde Town Bellevue nominated for federal Opportunity Zone
Olde Town Bellevue is among Nebraska’s Opportunity Zone nominations, a potential federal tax incentive for qualifying investment if Treasury approves it.
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Russia’s Bank of Russia Publishes Rate Discussion After Cutting Key Rate to 14%
The Bank of Russia’s Aug. 5 policy materials follow its July 24 decision to cut the key rate by 25 basis points to 14%, while the central bank continues to flag inflation expectations, wage growth and geopolitical pressures.
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Buffalo real estate firm pursues acquisitions as North Buffalo apartment plan remains proposed
Buffalo Business First reported July 27 that a fast-growing Buffalo real estate firm was seeking additional acquisitions. Separate development coverage described an approximately $90 million, five-story apartment project planned for the former Voelker’s Bowling Center site in North Buffalo.
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Minneapolis opens $7 million small-business recovery fund tied to Operation Metro Surge impacts
Minneapolis has announced a $7 million Small Business Resiliency Fund for local businesses affected by Operation Metro Surge, with $350,000 directed to Building and Development Services in 2026.
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New Hampshire reports 18% increase in LLC formations
New Hampshire Secretary of State David Scanlan announced May 28 that LLC formations in the state increased 18%, though the state’s notice did not provide totals or a comparison period.
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West Virginia opens $100 million small-business growth capital program
West Virginia has launched a statewide program intended to make $100 million in growth-stage capital available to established small businesses seeking to expand.
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Cass-Clay Creamery workers authorize strike as negotiations continue
Cass-Clay Creamery workers in the Fargo area have authorized a strike as contract negotiations with Dairy Farmers of America continue. No strike date has been announced.
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Visit San Antonio announces $185 million Monarch luxury hotel project
Visit San Antonio announced The Monarch San Antonio as a new luxury hotel development in the city’s urban core, with a reported project value of $185 million.
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Curtiss-Wright plans $80 million Cheswick expansion, with 150 jobs expected
Curtiss-Wright plans a multi-year $80 million expansion at its Cheswick campus in Allegheny County, backed by a proposed $1.21 million PA SITES grant and expected to create 150 jobs within three years.
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Wisconsin unemployment falls to 3.3% as employment rises in June
Wisconsin’s preliminary June labor report showed 3,030,100 people employed, 3,041,000 nonfarm jobs and a seasonally adjusted unemployment rate of 3.3%.
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KOAT to become Albuquerque’s CBS affiliate on Aug. 1
CBS is scheduled to move its Albuquerque affiliation from KRQE to KOAT effective Aug. 1, 2026.