Commentary

WWU Center for Economic and Business Research️ 7 hours ago

The average Seattle-area driver spent 87 hours stuck in traffic last year — a 10-hour increase from 2019, a new report finds. Congestion is once again growing in many cities after a pandemic-era dip, while driver behavior has also changed. https://buff.ly/Ayc96Mp

WWU Center for Economic and Business Research️ 9 hours ago

Applications for US unemployment benefits edged lower last week, according to a Bloomberg News analysis of unadjusted state-level filings. Initial claims decreased to about 226,000 in the week ended Nov. 8 from 228,000 in the prior week, data obtained through the Trump administration show. Bloomberg News adjusted the available state-level numbers using pre-released weekly seasonal factors from the Bureau of Labor Statistics. When data from all states are included, this approach comes close to matching the official seasonally adjusted figures. Continuing claims, a proxy for the number of people receiving benefits, fell to 1.94 million in the week ended Nov. 1 from 1.96 million, Bloomberg News calculated. https://buff.ly/g2MGYzV

WWU Center for Economic and Business Research️ 10 hours ago

Washington came out at number 10 in the realtor-dot-com best states rankings. It is an interesting collection of 9 states ahead of us. https://buff.ly/hi3bhIc

WWU Center for Economic and Business Research️ 12 hours ago

The Trump administration plans to slash support for long-term housing programs, marking a wholesale shift in homelessness policy. Critics say that doing so risks sending 170,000 formerly homeless people back onto the streets. https://buff.ly/KktGJzK

WWU Center for Economic and Business Research️ 14 hours ago

Karoline Leavitt, the White House press secretary, said Wednesday that the October jobs and Consumer Price Index reports may never come out. https://buff.ly/zdSb3LN

WWU Center for Economic and Business Research️ 16 hours ago

White House signals it will cut tariffs to help ease high food prices. Officials indicate changes coming to levies on imported goods including coffee and bananas. https://buff.ly/pJrWeG0