UA's Vest calls this 'full-blown recession' - Tucson Local Media: Business

UA's Vest calls this 'full-blown recession'

Posted: Tuesday, June 17, 2008 11:00 pm

Randy Metcalf/The Explorer, Oro Valley Marketplace, at Tangerine and Oracle roads is a veritable beehive of activity. Stores are slated to open in September. Overall, retail sales in the region are down about $1.5 billion in the past year, according to research by University of Arizona economist Marshall Vest.

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