The word was not good. Last December Boeing announced that, because of Asian economic woes and the slowing growth of world air travel, it would reduce airplane production from 620 this year to 490 next year and slash company employment by 48,000, 20,000 more than previously planned.
Download the NewsletterVolume: 7 - Number: 1
Leading Index Title:
Special Topic Title: Multipliers
Authors:
Recessions come in all shapes and sizes. The Boeing Recession of 1970-71, the worst economic calamity since the Great Depression, wiped out one-ninth of the jobs in King and Snohomish counties.
Download the NewsletterVolume: 6 - Number: 4
Leading Index Title:
Special Topic Title: The Boeing Recession
Authors:
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.
Download the NewsletterVolume: 6 - Number: 3
Leading Index Title:
Special Topic Title: Two Washingtons
Authors:
The Economist, the highly respected British magazine, has written many favorable words about the greater Seattle area over the years. But rarely has such praise been more deserving than now: the economy is simply hard to beat.
Download the NewsletterVolume: 6 - Number: 2
Leading Index Title:
Special Topic Title: Regional Cycles
Authors:
In spite of much turmoil--a volatile stock market, the Asian flu, red ink at Boeing, and anti-trust investigations at Microsoft--nothing has changed, or so it seems.
Download the NewsletterVolume: 6 - Number: 1
Leading Index Title:
Special Topic Title: Housing Affordability
Authors:
One trait of a pessimist is the ability to worry during good times. Up to a point, this may be practical. Taken too far, it can lead to missed opportunities.
Download the NewsletterVolume: 5 - Number: 4
Leading Index Title:
Special Topic Title: Boeing and Microsoft
Authors:
The Puget Sound economy is in excellent health, according to mid-way figures for 1997. At the start of the year, following reports that Boeing would add thousands more to its work force, we predicted that business and government would create 33,500 jobs during the first and second quarters.
Download the NewsletterVolume: 5 - Number: 3
Leading Index Title:
Special Topic Title: U.S. economy, consumer confidence, Growth Management Act, multi-family housing, Pacific Northwest economy, Oregon, Idaho, Alaska
Authors:
Latest government figures show that the Puget Sound economy is still on course to recovery. If aircraft employment stabilizes this summer, the economy will accelerate through the rest of the year and remain relatively strong in 1995 and 1996.
Download the NewsletterVolume: 2 - Number: 2
Leading Index Title:
Special Topic Title: Employment and Migration
Authors:
At the risk of being accused of shirking our duty, we present pretty much the same forecast as last time. In fact, the projected Puget Sound employment growth rates are exactly the same: 5.0 percent in 1997 and 3.5 percent in 1998.
Download the NewsletterVolume: 5 - Number: 2
Leading Index Title:
Special Topic Title: International Trade
Authors:
The Puget Sound economy merits high marks for last year's achievements. Particularly impressive was its performance at the end of the year.
Download the NewsletterVolume: 5 - Number: 1
Leading Index Title:
Special Topic Title: Economic Diversity
Authors:
