Archive of: Lakewood

Title Issue

Fundraiser benefits programs, students at CPTC

Hands on-education meets fundraising and networking at a new event hosted by Clover Park Technical College on Thursday evening. The event is supposed to help students and college programs make connections and raise money for programs.

Designed to provide a tour of industry-leading programs, the Creative Living event promotes sustainability and allows students and faculty to meet with business and industry leaders. The event is scheduled for 5 to 8 p.m. Thursday at the McGavick Student Center.

March 2009

Economists tweak state forecast

The state Economic and Revenue Forecast Council released another forecast, following revisions of the nation's outlook.

"Compared to the preliminary forecast, our updated Washington economic forecast is generally weaker, as a result of the weaker national economic forecast," the report stated.

March 2009

Russell launches advisory site

Russell Investments has launched a Web site, Helping Advisors, to provide financial advisors with a practical online resource library and suite of tools designed to help keep their clients and businesses on track in the current financial environment.

March 2009

Military impact continues to grow

Any business person in the South Sound with even a working knowledge of operations at Fort Lewis and McChord Air Force Base is familiar with big numbers. Those numbers are getting larger as the military bases continue their march of expansion, and renovation projects as they step closer to merging into Joint Base Lewis-McChord next year.

"We believe that transformation will be transparent to the civilian population," said Fort Lewis Deputy Commander Brig. Gen. Jeff Mathis.

March 2009

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 Zillow.com.

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
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