Brad's Real Estate Blog

Cochise County Economic Update

April 9, 2008

 Below is a compilation of articles from newspapers across Cochise County. Articles are selected for inclusion based on their relevancy to the local economy. The Cochise County Economic Update is brought to you biweekly by the Cochise College Center for Economic Research.

  More homes equal good opportunity: Some see that chance in SV housing market

By Laura Ory
Herald/Review

Monica and Brian Madrid are in no hurry to buy a home, but they’re entertaining the idea while the timing is ripe….For more, click here

 Copper mine being planned north of Elfrida

By Larry Blaskey
The Daily Dispatch

It’s been more than 20 years since Phelps Dodge closed down its copper operation in Douglas, but copper mining could be coming back….For more, click here

 Nonprofits struggling in the slow economy

By Laura Ory
Herald/Review

As local nonprofits brace for tough times, an economist on Friday offered advice on ways they can stay afloat….For more, click here

 Fort schools bill takes step forward

By Bill Hess
Herald/Review

An Arizona Senate committee on Wednesday approved a bill that will allow the Fort Huachuca Accommodation Schools to establish….For more, click here

 Economic forum: Outlook shows city caught in national slowdown

By Laura Ory
Herald/Review

Indicators of an economic downturn were the dish du jour Wednesday at the 2008 Sierra Vista Economic Outlook Luncheon….For more, click here

 Supervisors trade ideas on overcoming cash shortfall

By Shar Porier
Herald/Review

Even though the economy of Cochise County is rather insulated for the rest of this fiscal year due to Fort Huachuca and the large retiree population….For more, click here

 New regional economic development group unveiled

By Ted Morris
Herald/Review

A new economic development group has risen up and is claiming to represent all of Cochise County….For more, click here

 High gas prices have impact on locals

By Laura Ory
Herald/Review

Arizona gas prices hit a record high Tuesday and local consumers are handing over about $9 more since October….For more, click here

 The Social Security dilemma

By Robert Carreira

Special to Herald/Review

To get our minds off the subprime mortgage meltdown, the housing market slump, the credit crunch, the impending recession, and looming inflationary concerns, let’s turn….For more, click here

 HC council OKs Campstone development

By Laura Ory
Herald/Review

HUACHUCA CITY — The Town Council approved a development agreement for a 2,020-home development, Campstone, at the council meeting Thursday….For more, click here

 Income growth in Arizona rises at slowest pace in U.S.

By Howard Fischer, Capital Media Services

Herald/Review

Personal income in Arizona rose at a slower rate between 2006 and 2007 than any other state….For more, click here

 Higher fees for planning work will impact Babocomari Road district

By Shar Porier
Herald/Review

With questions concerning the cost of a change order for engineering work to be done for the Babocomari Road Improvement….For more, click here

 Bisbee council discusses future of airport

By Shar Porier
Herald/Review

Balancing a budget for a small airport is a difficult task, as the Bisbee City Council is learning….For more, click here

 Union Pacific gives $75 K to improve Railroad Park

By Carol Broeder

Arizona Range News

The City of Willcox received a $75,000 check last week from Union Pacific Railroad to fund park and street improvements in historic downtown….For more, click here

 Opportunity Naco: At the nexus of Naco and San Jose, businesses see promise

By Ted Morris
Herald/Review

This unincorporated town, often ridiculed as a sleepy backwater, is coming of age as a premier location for business….For more, click here

 Naco visionaries banking on community’s rich history

By Ted Morris
Herald/Review

This tiny border community is full of possibilities when it comes to tourism and other recreational attractions….For more, click here

 Sierra Vista’s budget uncertain; with state funding a question mark, city focuses on priorities in planning for FY 2009

By Gentry Braswell
Herald/Review

The city departments have turned in their estimated budgets to city finance staff for the fiscal year 2009….For more, click here

 With hot dog stand, Pionkes invest in area

By Ted Morris
Herald/Review

Jim and Pamela Pionke believe enough in their community that they have invested close to a quarter-million-dollars into….For more, click here

 CER RELEASES COCHISE COUNTY HOUSING MARKET SUMMARY: This report provides a summary of recent trends (2004-2007) in existing single family residential home sales in Cochise County. Data included are the volume of sales, median price, median price changes, average selling price as a percent of asking price, average price per square foot, average price per square foot changes, and average number of days on the market. The report provides data for all of Cochise County, as well as specific breakdowns for Benson, Bisbee, Douglas, Huachuca City, Sierra Vista, and Tombstone. Also included are breakdowns of data by area of the county, as follows: Northwest Cochise County (includes Benson, Cascabel, Dragoon, Pomerene, St. David, and surrounding areas); Southwest Cochise County (includes Sierra Vista, Huachuca City, Tombstone, Hereford, Nicksville, Palominas, Whetstone, and surrounding areas); Northeast Cochise County (includes Willcox, Bowie, Cochise, Dragoon, Dos Cabezas, Kansas Settlement, Paradise, Pearce, Portal, San Simon, Sunizona, Sunsites, and surrounding areas); and Southeast Cochise County (includes Douglas, Bisbee, Apache, Bisbee Junction, Double Adobe, Elfrida, McNeal, Naco, and surrounding areas). To view the report, click here.

 SIGN UP TO BE A PANELIST FOR THE COCHISE COUNTY BUSINESS LEADERS CONFIDENCE INDEX (BLCI). The BLCI measures expectations of business leaders with regard to the future direction of the national and state economies, as well as economic conditions and trends impacting their specific industries. By bringing this survey to Cochise County, we’re able to develop a separate index for the county, gleaning valuable information on the expectations of local business and industry leaders. This will help us gain a more complete picture from which to forecast future economic performance. If you’re a business or community leader in Cochise County, please sign up to become a BLCI panelist. To sign up, or to learn more about the BLCI, click here.

 BECOME A CER SPONSOR. The Center for Economic Research is an auxiliary department of Cochise College. As such, the CER is charged with raising its own operating budget through sponsorships, grants, gifts, and other sources of funding independent of the college’s annual budget. The CER offers a wide range of sponsorship levels, each of which comes with a sponsorship benefit package. If you find the CER’s products and services to be valuable, please consider becoming a CER sponsor. Donations to the CER are tax deductible. To find out more about becoming a CER sponsor, click here.

 ADD YOUR LOGO BY SPONSORING THE COCHISE COUNTY ECONOMIC UPDATE: The CER is currently seeking sponsors to cover the cost of producing and disseminating the Cochise County Economic Update. The Update is disseminated biweekly via email to approximately 1,000 business and community leaders and residents of Cochise County and Southeast Arizona. The list of email recipients is constantly growing. Sponsors are identified by the placement of their company/agency logo, or sponsor name, at the top of the Update. Logos are linked to the sponsor’s website so readers can learn more about our sponsors. Sponsorships are available for a single issue of the Cochise County Economic Update, or on a continuing basis. The cost to the CER of producing a single issue is $250. Your tax deductible donation to the CER as a Cochise County Economic Update sponsor will help us in educating business and community leaders and residents on economic issues affecting Cochise County. To become a sponsor of the Cochise County Economic Update, or to find out more information about becoming a sponsor, contact us at ceroffice@cochise.edu.

   Note: The Cochise College Center for Economic Research compiles the news stories in the Cochise County Economic Update as a public service, without making any warranty, express or implied, or assuming any legal liability or responsibility for the timeliness, accuracy, completeness, or usefulness, or representing that its distribution or use would not infringe on privately owned rights. The reader assumes the entire risk as to the accuracy and the use of this document and any related or linked documents. If you’d prefer not to receive the Economic Update, please reply to this email and type REMOVE in the email subject block. If you have any recommendations on how we may improve this project, please let us know.