Archive

Forecast Considerations

It is worth noting that employment has increased more than 20 percent since 2009, with the recovery in its 8th year, and we expect it to last a bit longer. Employment growth has been much stronger in the Service Providing sectors, especially Professional and Technical Services and Information, than in the Goods Producing sectors. Still, we've seen widespread growth and some indicators suggest the region has been the fastest growing big city in the U.S. this decade. A question we're being asked more and more is, when will it end?

Volume: 26 - Number: 3

Leading Index Title:

Special Topic Title: Forest Fires

Authors:

  • Hart Hodges
  • James McCafferty

Buckle Up

Whenever a pilot encounters turbulent air, the seat-belt sign goes on. Even in mild disturbances, one cannot rule out an unexpected drop in altitude. This might explain why economists have the reputation of predicting "six out of the last two recessions." Like pilots, they tend to be overly cautious, knowing the potential danger of falling.

Volume: 24 - Number: 1

Leading Index Title:

Special Topic Title: Regional Forecasting

Authors:

  • Dick Conway
  • Doug Pedersen

Some Hurdles

Looking down the track, the Puget Sound economy has some hurdles to jump, not the least of which is an impending slowdown in the national economy.

Volume: 6 - Number: 3

Leading Index Title:

Special Topic Title: Two Washingtons

Authors:

  • Dick Conway
  • Doug Pedersen