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July end-of-month inventories were $908.4 billion, up 0.2 percent (+/- 0.4 percent)* from last month. July 2025: +0.2* % Change in Inventories June 2025 (r): +0.1* % Change in Inventories

The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased. https://buff.ly/1rryheL

President Donald Trump suggests Seattle needs the National Guard to fight runaway crime, but the numbers tell a different story. https://buff.ly/VMVVWki

Bremerton, our neighbor to the west, has been ranked the No. 2 coastal city in America to move to, according to a new ConsumerAffairs report. The Bremerton-Silverdale-Port Orchard area of Kitsap County ranked 31st for livability and 36th for affordability, with typical rent at $2,096 a month, in the report that also weighed safety and the economy. https://buff.ly/Y4xgXvh

Undocumented immigrants made up nearly 5% of Washington state's population in 2023, according to a new Pew study. That was the eighth highest share among U.S. states, and ninth highest when including Washington, D.C. https://buff.ly/FrZnQrl

Today, the U.S. ends the "de minimis" trade exemption that allows individuals to avoid import fees for small shipments. This will affect around 4 million packages processed each day. https://buff.ly/biFoQ8c