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COVID-19 News Round-up for December 18th

Economic News  PPP Was a Lifeline for Very Small Businesses  New data on the Paycheck Protection Program loans issued by the Small Business Administration shows businesses with three or fewer employees that would not normally have access to SBA loans benefitted greatly. Some experts have

Trends

Arizona Construction Gained 2,400 Jobs in November

By Tasha Anderson for AZBEX  Arizona’s seasonally adjusted unemployment rate decreased to 7.8 percent in November 2020, from October 2020, according to the latest report published by the Arizona Office of Economic Opportunity.   The national rate decreased to 6.7 percent from 6.9 percent in October. In November 2019, the state had a seasonally adjusted rate of 4.5 percent, and the national was

Local News

Arizona Projects 12-18-20

Groundbreakings  1. The $115M sports arena planned by Arizona State University to host hockey, wrestling and gymnastics has received final approvals from the Arizona Board of Regents and the City of Tempe and is set to begin construction in January. Construction is scheduled

People on the Move

Industry Professionals 12-15-20

Giving Back  1. With heightened economic and health concerns amid the COVID-19 pandemic, Parallel Capital Partners has announced it will donate $100K – in lieu of traditional holiday festivities – to regional charities in its six primary markets: San Diego,

Local News

Arizona Projects 12-11-20

Awards & Accolades  1. National Association of Women in Construction bestowed its Civil/Heavy Highway award on the $54M C.C. Cragin Pipeline project to recognize the women who participated through Sunrise Engineering. A second award through the Arizona Water Works Association, gave the pipeline honors in its