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Economist: AZ economy is better than growth numbers show, and we'll be OK if recession hits

There are signs of optimism in the U.S. economy.

The New York Times reported last week that inflation is down, wages are up and job growth is where many economists would like it to be. In Arizona, the state Office of Economic Opportunity says efforts by the Federal Reserve Board to cool the economy appear to be working.

So, where does that leave us and what does the near future look like?

To help answer those questions, Valley economist Jim Rounds joined The Show to talk more about it.

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Mark Brodie is a co-host of The Show, KJZZ’s locally produced news magazine. Since starting at KJZZ in 2002, Brodie has been a host, reporter and producer, including several years covering the Arizona Legislature, based at the Capitol.