Growth & Change: One Year of Universal Empowerment Scholarship Accounts

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Demographic changes likely mean fewer school-aged children and lower overall enrollment across Arizona’s publicly funded K-12 options over the next ten years. And ultimately it is this demographic change, and pandemic-era changes in parental behavior that are changing K-12 in Arizona – and not-so-much universal ESA itself.

Arizona Housing Competitiveness Index

Arizona Housing Competitiveness Index

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Historically, Arizona – and its greater Phoenix metro area – has had a relatively affordable housing market. Recently, though, housing costs in the Phoenix area rose faster than any other major metro area in the country during the pandemic.

Common Sense Institute Arizona Belief Statement

We believe sound fiscal and economic research is essential to uphold Arizona’s economic vitality, future, and individual opportunity. 

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Happy #CincoDeMayo from the CSI team!

Did you know that Cinco de Mayo is the biggest avocado consumption day of the year? Approximately 87 million pounds of avocados are purchased, adding extra flavor to the festivities!🥑

DYK, tamales & avocados go great together? Read our study to find our more: link in bio.
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May is #AffordableHousingMonth! 🏡 Ever wonder about the real cost of homeownership in Arizona? The average monthly payment for a 30-year loan on a typical home in Arizona is $2,165. For an average family, that`s equivalent to 68 hours of work each month just to cover mortgage payments.

Read the full report: link in bio.
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📈 Home prices in Phoenix have soared over 60% since 2020 and the state is suffering from a housing deficit of over 129,000 units.

Learn how this impacts Arizona`s housing competitiveness: link in bio.
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Despite an uptick in construction, Arizona continues to face a chronic housing shortage. Our Housing Index indicates that the state ranks 10th in the nation for per-capita housing supply deficit.

Read more: link in bio.
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DYK: Arizona ranks 46th in housing competitiveness among all 50 states and the District of Columbia. Skyrocketing prices and rents are squeezing residents out of the market.

Read the full report: link in bio.
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ICYMI: CSI`s report explores how Arizona`s ESA program has shaped K-12 education. Despite its growth to 77,000 students, enrollment is slowing down. Find out why in the full study: link in bio. ...

DYK: Arizona uses the same amount of water today as it did in 1950?! This #EarthDay, we are highlighting Arizona`s exceptional stewardship of water resources that has contributed to the state`s economic growth. ...

ICYMI: Wages fell last month, which, coupled with persistently high inflation, is putting more strain on Arizona household budgets.

Learn more in our latest jobs report: link in bio.
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After a slow February, employment growth in Arizona picked up its pace, posting a strong +3.3% annualized growth rate in March (+2.2% year-over-year).

See our latest jobs report here: link in bio.
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CSI`s latest ESA report reveals an important trend: nearly 90 percent of ESA participants are lower or middle-class families! #60SecondsofCommonSense

Learn more about what this means for education in AZ: link in bio.
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COMMON SENSE INSTITUTE ARIZONA’S MISSION

CSI Arizona’s mission is to examine the fiscal impacts of policies, initiatives, and proposed laws so that residents are educated and informed on issues impacting their lives. Common Sense Institute was founded in 2010 originally as Common Sense Policy Roundtable in Colorado. CSI’s founders were a concerned group of business and community leaders who observed that divisive partisanship was overwhelming policymaking and believed that sound economic analysis could help residents make fact-based and common sense decisions.