Washington Public Sector Labor Negotiations Blog
Trends and Developments Concerning Washington Public Labor Contracts
By Jim Cline and Kate Kremer
As we recently wrote, CPI Edging Up , the Seattle CPI continues to far outpace the All-Cities Index. The latest report has the Seattle Index at 2.6%, far outpacing the 0.8% All Cities Index. This probably should not be too surprising giving the robust Seattle economy which is far outpacing the most modest economic growth occurring elsewhere. The economic growth is no doubt placing additional pressures on local prices.
By Jim Cline and Kate Kremer
The latest release of CPI shows that it is continue to climb, edging up enough that it may also bump up contract settlements. The April CPI was released this past week showing the Seattle CPI-W climbing to 2.6. The All-Cities-W index, although also climbing, continues to significantly lag behind at 0.8. This chart reveals the trend line in those two indices over the past 12 months:
