High egg prices have led Arizona homeowners to start their own backyard hatcheries and caused stores to see an increase in their sales of chicken feed and baby chicks.
Economists believe high prices will slowly decrease over the next couple of months. One example? Gas prices have already fallen, and experts expect the same to happen with housing.
Hobbs plans to tackle Arizona's growing cost of living, address affordable housing, and the state's water emergency, which has been exasperated by ongoing drought.
Arizona continues to have a pro-growth economic setting, but declining housing affordability, inflation, and interest rate hikes threaten to slow economic expansion.