Archive of: Economy

Title Issue

More folks working = more income

Personal incomes by Washington residents grew much faster last year than those in all but two other states, and much ahead of the national average.

March 2017

Unemployment rates down again

More people in Washington went to work in February than the month before, with a net increase of 6,100 jobs statewide. As a result, the jobless rate improved both in local counties and border to border.

March 2017

State revenue grows

State lawmakers will have a bit more 'pocket change' to use as they begin serious work to write a new two-year budget. The revenue forecast out today is up $247 billion for the current period and $303 million higher for next biennium.

March 2017

Construction input prices also rising

Nationwide, the costs of new construction are rising, and it could become worse, if the new presidential administration succeeds in its announced plans for a $1-trillion infrastructure package.

March 2017

Inflation rates higher here

Consumers' costs of living are rising faster in western Washington than elsewhere in the country, according to a new report from federal statisticians.

March 2017

‘Economy not as bad as pols say’

A major bank's economist says the large run-up in stock markets since last November's election could lead consumers to spend more in 2017, enough to raise the national GDP rate by 1 percent. His views on Tacoma were central to a breakfast session today.

March 2017

Strong growth can be a problem

A growing shortage of housing may impact the South Sound market of Tacoma-Pierce County, the the educated view of a regional economist. Population and jobs are growing much faster than residential units.

March 2017

T/PC edc celebrates ‘interesting’ year

A growing population base, with more jobs created than in prior years combined for good economic development stories to tell at a Tacoma luncheon today.

March 2017

Economist sees good ahead, unless …

A long-time South Sound economist, Lynn Michaelis, Ph.D., offered an outlook for the region and the nation that shows lots of 'blue skies' ahead.

February 2017

New state GDP estimate released

The government's statistics prove what you see on local streets: the South Sound and Washington state economy continue to grow.

January 2017
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