Latest GPEC News

U.S. Senator Mark Kelly to Address Economic Development...

February 3, 2024

PHOENIX (Feb. 3, 2024) – The International Economic Development Council (IEDC) is excited to announce that U.S. Sen. Mark Kelly will be a keynote speaker at the 2024 Leadership Summit, in partnership with Greater Phoenix Economic Council (GPEC). Kelly will address economic development leaders from around the world on Sunday, February 4, highlighting his career, […]

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Personal Income_Economic Monitor

Analyzing how personal income impacts the economy

Personal income data offer clues to Americans’ financial health and future consumer spending by Kristen Stephenson Last year, GPEC launched the Economic Monitor, a comprehensive web tool designed to provide timely, actionable insights into the state of the economy. Through an exploration of key economic indicators, the Economic Monitor offers a concise picture of health […]

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A group of 12 people bunch behind a purple ribbon with an oversized pair of red scissors to celebrate the grand opening of Saras Micro Devices.

Saras Micro Devices celebrates grand opening of new...

January 24, 2024

Saras Micro Devices seeks to support and leverage growing semiconductor and advanced packaging ecosystem in Greater Phoenix CHANDLER, ARIZ. (Jan. 24, 2024) — Saras Micro Devices, an emerging leader in cutting-edge power performance solutions leveraging integrated packaging design, today announced the grand opening of its new headquarters and state-of-the-art manufacturing facility in Chandler, Arizona. The […]

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Kate Gallego (left) and Boaz Hulsman (right) hold a model replica of an Air France plane in front of a PHX Sky Harbor backdrop.

Air France to Begin Phoenix-Paris Flight

January 22, 2024

Air France announces new nonstop service between Phoenix Sky Harbor and Charles de Gaulle airports Phoenix (Jan. 22, 2023) — Air France has announced the start of new nonstop service between Phoenix Sky Harbor International Airport and Charles de Gaulle International Airport in Paris, France. This marks the first time there will be nonstop service […]

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Gross Domestic Product Economic Monitor

Understanding Gross Domestic Product

GDP is a significant indicator of economic health by Kristen Stephenson Earlier this year, GPEC launched the Economic Monitor, a comprehensive web tool designed to provide timely, actionable insights into the state of the economy. Through an exploration of key economic indicators, the Economic Monitor offers a concise picture of health at both national and […]

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A large white office building with Trinity Capital letters on the top right of the facility.

Trinity Capital announces Phoenix headquarters expansion,...

December 20, 2023

Trinity Capital will double the size of its Phoenix headquarters PHOENIX (Dec. 20, 2023) — Trinity Capital Inc. (Nasdaq: TRIN) (“Trinity” or the “Company”), a leading provider of diversified financial solutions to growth-stage companies, today announced the expansion of its Phoenix headquarters, reaffirming Trinity’s longstanding commitment to the region as it continues to scale its […]

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Seven men stand behind a red ribbon with an oversized pair of scissors. An AGCO sign is directly behind them on an office wall.

AGCO’s acceleration center in Scottsdale is open...

December 12, 2023

AgTech company AGCO opens accelerator center at ASU SkySong in Scottsdale Scottsdale, Ariz. (Dec. 12, 2023) – AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, is investing to attract more talent across key product development disciplines to deliver new, value-added precision ag technologies for […]

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A man facing 90 degrees talks to a man in a construction vest whose back faces the camera.

TSMC Arizona, AZBTC agree to workforce partnership

December 6, 2023

TSMC, building and construction union announce deal framework PHOENIX (Dec. 6, 2023) — TSMC Arizona and the Arizona Building and Construction Trades Council (AZBTC) have come to an agreement on a new framework for cooperation with respect to the construction and tool installation of TSMC Arizona’s semiconductor manufacturing facility in Phoenix. The agreement outlines mutually […]

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ASM logo written in dark purple font. The letters are next to a shape that is a small triangle interwoven into a larger hexagon.

ASM announces €300M expansion of U.S. operations...

December 5, 2023

The ASM investment will focus on technology development, research, design and engineering capabilities, and pilot manufacturing capacities ASM International N.V. (Euronext Amsterdam: ASM), one of the fastest growing semiconductor equipment companies and global market leader in Atomic Layer Deposition, announced plans for a new North American expansion to accommodate growing demand for research and development […]

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Exploring the effects of the Business Confidence Index

The business confidence index tracks output growth and turning points in economic activity by Kristen Stephenson Earlier this year, GPEC launched the Economic Monitor, a comprehensive web tool designed to provide timely, actionable insights into the state of the economy. Through an exploration of key economic indicators, the Economic Monitor offers a concise picture of […]

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