Latest State Economic Forecast Report Continues to Present Mixed Signals

Latest State Economic Forecast Report Continues to Present Mixed Signals

By Jim Cline

The Washington State Economic and Revenue Forecast Council just released their November report on the State and national economy and like their report last month, it provided mixed news about the state of the economy. [Read more…]

Latest State Economic and Revenue Report Provides “Mixed Signals”

Latest State Economic and Revenue Report Provides “Mixed Signals”

By Jim Cline

The latest report  of the Washington State Economic and Revenue Forecast Council,  provides a mixed picture of economic strength both nationally and locally. 

[Read more…]

Latest CPI Report and Other Indicators Suggest Low Inflation May be the “New Normal”

Latest CPI Report and Other Indicators Suggest Low Inflation May be the “New Normal”

By Jim Cline and Kate Kremer

As we had suggested in our last article on inflation trends, inflation seems to be trending downward.  The CPI numbers confirm that trend.  The latest inflation report both for Seattle and All-Cities is sub-2% and other recent inflation projections suggest that trend might continue. The recently released August CPI numbers report the National inflation index (All-Cities-W) at 1.5% and the Seattle-W even lower — 1.1%.  A year ago, the corresponding were 1.7% (All-Cities) and 2.7% (Seattle): This graph shows the declining rate over the past year: [Read more…]