Trends and Developments Concerning Washington Public Labor Contracts
By Jim Cline and Kate Kremer
In the previous articles in this series, we’ve discussed inflation and inflation predictions. We have also discussed expectations for whether there will be a recession and how that might impact the job market. Two other important economic factors to discuss, as they will have some impact on labor contract settlements, are the tax revenues and budgets of local governments.
By Jim Cline and Kate Kremer
In the last two articles in this series, we discussed recent and projected CPI. We have described the recent spikes in inflation as well as economist predictions that inflation will start to taper off.
By Jim Cline and Kate Kremer
In the last Newsletter article in this series, we updated you on recent inflation numbers. This included a surprisingly large jump in the inflation reported in June, followed by a modest decline in July. Do the July numbers indicate that we’ve turned a corner? If so, how far can we expect the CPI to drop? That’s the topic that we turn to today.
