Rising wages could not keep pace with rising prices in Arizona in 2021
An ASU economist says the current imbalance between wage and price increases is not likely to be a long-term problem.
An ASU economist says the current imbalance between wage and price increases is not likely to be a long-term problem.
In this story published Feb. 13, 2022, on KTAR:
I think we are going to see by the year end, that the rate of inflation year-over-year will migrate down. And that will bring those price increases back in line with wage increases.
– Dennis Hoffman, professor of economics
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