Unadjusted Arizona payrolls rose 0.7%; adjusted labor force fell 3.2%
Arizona added 22,700 not-seasonally-adjusted nonfarm payroll jobs over the year to September, a 0.7% increase. Its seasonally adjusted labor force fell by 121,241, or 3.2%.
Business & Economy
Jobs, labor, companies, prices, investment, markets, trade, agriculture, energy, and consumer economics.
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Wisconsin labor report lists conflicting September jobless rates
Wisconsin’s preliminary September report gives different readings of the seasonally adjusted unemployment rate: 3.2% in the release text and 2.9% in its detailed table.
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Eversource challenges PURA’s storm-cost decision in court
The utility’s appeal contests PURA’s rejection of retrospective carrying charges and a roughly $7.7 million crew-cost reduction.
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Crunch Fitness began operating Rochester Hills gym before Oct. 17 event
Crunch Fitness began operating its Rochester Hills club Oct. 6, ahead of a community grand-opening event scheduled for Oct. 17.
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Sprouts plans Oct. 30 opening for South Scottsdale store
Sprouts lists Oct. 30, 2026, as the planned opening date for its South Scottsdale store at 1490 N. Scottsdale Road.
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Schneider Electric raises 2026 targets after record €11.46B quarter
Schneider Electric reported record third-quarter revenue of €11.46 billion and raised its 2026 growth forecasts. Energy Management led growth, while the company identified data centers as one important demand driver.
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Producer prices rise 1.3%, biggest monthly gain since 2022
The overall final-demand Producer Price Index rose 1.3% in September, its largest monthly increase since March 2022. Energy accounted for more than 80% of the increase in goods prices.
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Tennessee launches hub for grant-supported employer training
The TNWorks Talent Accelerator connects employers with training providers and access to a $5 million federal grant awarded to Tennessee in 2025.
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Oklahoma revenue tops first-quarter estimate by $154.7 million
Preliminary General Revenue Fund collections reached $2.0442 billion through September, after a monthly surge more than erased an earlier shortfall.
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Oregon adds 5,800 jobs in September, but annual growth is 0.1%
Oregon payrolls rose by 5,800 in September, while seasonally adjusted employment was up just 2,600 jobs from a year earlier.
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GEN signs binding LOI for operations at 47 restaurants
GEN Restaurant Group says Chubby Group would take over operations at 47 U.S. restaurants under a proposed $100 million transaction, subject to closing conditions.
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Grayslake T5 projects $1.4 billion in non-homeowner property taxes
Grayslake’s preliminary estimate projects $1.4 billion in non-homeowner property-tax revenue for local taxing bodies over the T5 campus’s first 20 years.
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Illinois wagering-tax share rose 19.2% to $2.662 billion
Illinois’ state-designated share of wagering-tax revenue reached $2.662 billion in fiscal 2026, up $428 million from the prior year. A separate preliminary court ruling granted relief in part to plaintiffs challenging state controls on certain sports-event contracts.
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VDL plans Oakwood expansion with about 120 projected jobs
VDL Groep plans an estimated $77 million expansion at its Oakwood facility, including a building purchase, added milling capacity and an expanded cleanroom.
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OPEC cuts 2026 oil-demand growth forecast to 180,000 bpd
OPEC lowered its 2026 global oil-demand growth forecast for a sixth straight month, while raising its 2027 outlook and reporting higher September crude output for participating countries.
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USTR Keeps Two China Tariff Actions in Force
Two U.S. tariff actions on Chinese goods remain in effect as modified. USTR will outline a further review and invite public comments.
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September payrolls rise by 29,000; unemployment reaches 4.2%
U.S. payrolls grew by 29,000 in September, below the recent monthly average. Unemployment rose to 4.2%, and revisions cut July and August job estimates by a combined 60,000.
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Idaho revenue beats first-quarter forecast by $90.3 million
Idaho General Fund revenue exceeded its fiscal 2027 first-quarter forecast by $90.3 million, though results varied across tax sources.
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Illinois pilot pairs private farm loans with IFA participation
A statewide pilot will have the Illinois Finance Authority participate in portions of private loans for farm facilities and equipment. The anticipated 2% rate is for IFA’s participation, not necessarily the borrower’s full loan.
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Southwire starts Starkville expansion projected to add 130 jobs
Construction is underway on Southwire’s Starkville campus expansion, which is planned to add about 380,000 square feet and approximately 130 jobs.
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Connecticut bond sale includes $1.1B for programs, $19.8M in projected savings
Connecticut’s $1.4431 billion bond sale includes $1.1 billion in new borrowing for state programs and projects. The separate $343.1 million refinancing is projected to save $19.8 million over nine years.
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Louisiana tracker lists 41 planned data centers, 8,430 MW
Cleanview’s October 2026 page lists more planned projects but less planned capacity than its August snapshot. Hut 8’s River Bend campus is under construction in West Feliciana Parish.