Archive of: Economy

Title Issue

State economic forecast holds steady

The preliminary June economic forecast for Washington is very similar to the forecast adopted in February by the state's Economic and Revenue Forecast Council. Employment growth forecasts for 2012, 2013 and 2014 remain unchanged at 1.7 percent, 2 percent and 1.8 percent, respectively. In 2015, the council now expect employment to grow 1.7 percent, compared to 1.8 percent in the February forecast.

May 2012

Consumer Price Index holds steady

The Consumer Price Index for All Urban Consumers was unchanged in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.3 percent before seasonal adjustment.

May 2012

Seattle business execs more optimistic about economy

With sales and employment figures rising, Seattle business executives indicated they are optimistic about the local, regional and national economies and, in fact, expect modest growth over the coming year.

May 2012

U.S., state economies sending mixed signals

Major general fund state revenue collections for the April 11 to May 10 collection period were $7.6 million (0.7 percent) lower than anticipated by the Economic and Revenue Forecast Council. Cumulatively, revenue collections are coming in as predicted, only $9.6 million (0.3 percent) higher than forecasted.

May 2012

Nonresidential fixed investment in structures falls 12%

Nonresidential fixed investment in structures dropped 12 percent in the first quarter of 2012, following a 0.9 percent decrease in the fourth quarter of 2011, according to the U.S. Department of Commerce Gross Domestic Product. Nonresidential fixed investment in equipment and software increased 1.7 percent for the quarter after a 7.5 percent increase in the previous quarter. Overall, nonresidential fixed investment fell 2.1 percent in the first quarter of 2012 following a revised 5.2 percent increase in the previous quarter.

April 2012
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