Commentary

WWU Center for Economic and Business Research️ 5 hours ago

The Oxford English Dictionary has named its 2025 Word of the Year. Like last year's, uh, winner — "brain rot" — this one is actually two words and it's not likely to make you feel better about the general state of things. Rage Bait. https://buff.ly/IZ42tHv

WWU Center for Economic and Business Research️ 7 hours ago

Some economists who predicted a global shock over U.S. tariffs are revising their growth predictions upward. One big reason: the tech industry’s artificial-intelligence spending spree. https://buff.ly/cpa3Pfo

WWU Center for Economic and Business Research️ 7 hours ago

Keep on shopping. Black Friday sales rose from a year earlier, according to Mastercard SpendingPulse—a sign that US consumers are continuing to spend despite persistent economic concerns. Retailers catering to teens and 20-somethings were standouts that drew heavy traffic. Compared to Black Friday last year, spending growth trends by category include: Bundled-up style and sparkle: Apparel climbed +5.7% (online +6.1%, in-store +5.4%), as chilly temperatures and seasonal deals encouraged spending on new fashions. Jewelry also rose +2.75% (online +4.2%), as consumers opted for gifts that shine. Sleighing online shopping: E-commerce retail sales ex-autos jumped +10.4%, as shoppers increasingly value speed and convenience. In-store sales grew more modestly (+1.7%) but remain essential to consumers for tactile experiences. Festive feasts: Restaurants grew +4.5%, as dining out has become part of the holiday ritual to celebrate the season and underscores consumers’ continued desire for experiences. Across the map: Spending outperformed in pockets of the country including New England, the Midwest and Southeast. Overall sales in New England and the Midwest were boosted by Apparel, as spending on cold-weather gear was likely supported by the drop in temperatures. The Southeast has shown persistent strength this year.

WWU Center for Economic and Business Research️ 10 hours ago

President Donald Trump said Sunday he has decided on his pick for the next Federal Reserve chair after making clear he expects his nominee to deliver interest-rate cuts. (He has not actually named who). https://buff.ly/mMuLmHp

WWU Center for Economic and Business Research️ 12 hours ago

Seattle may be the most educated city in the country, with more than 70% of adults now holding a bachelor's degree or higher. https://buff.ly/7ffjG8b

WWU Center for Economic and Business Research️ 14 hours ago

Seattle's commute is eating more time than almost anywhere else in the country, and a new analysis shows just how much those delays add up. Seattle commuters lost about 40% more hours to traffic than the typical U.S. driver. https://buff.ly/zSAztf5