By Jim Cline and Kate Kremer
This is the third article in our 11 part series reporting on contract settlement trends. This article highlights some of the recent economic developments most likely to impact your negotiations outlook.
In our recent Blog, we noted the recent improvement in the Seattle economy as reported in the February “Economic and Revenue Update” from the Washington State Economic and Revenue Forecast Council (WSERFC). Washington employment was slightly higher than forecast; housing construction improved; Seattle area home prices continue to rise; and Washington exports reached an all-time high in the fourth quarter of 2014.
