Archive of: Lakewood

Title Issue

Grant lets farmers markets go wireless

Beginning this spring, 21 farmers markets throughout Washington will be fully equipped to accept credit, debit and Electronic Benefits Transfers to purchase market goods, including fresh, local farm products. South Sound markets were recipients of these point-of-sale machines to make purchasing fresh produce even easier for customers in all income brackets and widen the customer base for the small business owners who make their livings off small sales at these agricultural markets.

March 2009

Mark gets organic label

The Mark in Olympia is now Washington's only certified organic restaurant.

March 2009

Credit card crunch is on the way

A depressed job market, the growing number of Americans without health insurance, ballooning college costs, the increased availability of gambling and the growing use of credit for routine purchases are helping push credit card balances to the breaking point. The result, according to a panel of experts who met Tuesday, could result in the next major banking crisis.

"The scale of this crisis underscores the urgency of our work to assist borrowers buried in personal debt, said Washington State Attorney General Rob McKenna. "State attorneys general lead the way, negotiating settlements with sub-prime lenders and persuading home mortgage companies to reduce interest rates for millions of Americans."

March 2009
Legislature filled with guess work businesses told

Legislature filled with guess work businesses told

Business owners got a snapshot of the issues facing state lawmakers at the National Federation of Independent Business' 17th Annual Small Business Day at the Capitol yesterday.

The day's events included overviews from NFIB/Washington State Director Troy Nichols, a look at the potential impacts from the federal stimulus package on the economy from Carl Gipson, director of the Washington Policy Center's Small Business Center and an overview of health care options from opposing views offered by State Sen. Karen Keiser and State Rep. Doug Ericksen.

March 2009
State's economy could rebound first, faster than nation

State's economy could rebound first, faster than nation

There was a slight beam of light streaming through the otherwise overcast view Arun Raha, Economic and Revenue Forecast Council Director, gave business owners at a forum in Olympia today.

The world is in the worse slowdown since World War II and the global nature of the recession means the state is no longer able to avoid feeling the economic pinch. While the state is still speeding up its pace of losing jobs and falling home prices, that trend will likely right itself by as early as later this year, which would put it ahead of recovery predictions for the nation as a whole.

March 2009

30-year mortgage rates remain steady

The weekly average rate borrowers were quoted for 30-year mortgages remained steady for the second week at 5.29 percent, up slightly from 5.25 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate Web site

Meanwhile, rates for 15-year fixed mortgages rose slightly to 4.89 percent, up from 4.86 percent and five-one adjustable rate mortgages dropped down to 4.93 percent from 5.07 percent the week prior.

March 2009

Thurston businesses can go green if they hurry

Thurston businesses can now apply to receive a "Green Business" designation through a recognition program between the City of Olympia, City of Lacey, Thurston County and the Thurston County Chamber of Commerce.

March 2009

MBA builder program expands to high school

When preparing a transition into speaking with high school students, Brown & Harper Wholesale Flooring Centers owner Fred Brown, went to an expert.
"I asked my son if he was sitting in the class what type of topics would hold his interests," Brown said. "He reminded me to use the type of math I apply everyday in my business. I hope these students take with them the idea that you really will use geometry, algebra and basic math in your day to day life."

March 2009

Russell Indexes: emerging markets outperform in February

The Russell Emerging Markets Index outperformed the Russell Developed Index by 4.5 percentage points in February as 30 percent of stocks in the emerging markets index turned in a positive return for the month compared to 19 percent in the Russell Developed Index.

"The relatively good news for emerging markets shows some regional disparity between some 'haves' in Asia and Latin America and some 'have nots' in Eastern Europe," said Rob Balkema, portfolio analyst for Russell Investments. "Certain countries such as China and Brazil benefit currently from more stable banking systems and actions taken to significantly ease the pain from slowing exports."

March 2009

Restaurants show their local impacts

The Washington Restaurant Association released the results of its monthly industry tracking survey for January today. The figures confirm - as forecasted - that business operators in this sector are encountering some significant economic challenges.

As for nearly every other industry, January was a difficult month for restaurants. Year-over-year comparisons show sharp declines for the month in restaurant business activity: sales, customer traffic, employee hours and staffing levels. Unfortunately, the only metric that increased was food costs.

February 2009
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