Archive

Holding Together

A course in regional economics often begins with a deceptively simple question: what is a region? The word is commonly used in the context of politics (the middle-east region), climate (the arctic region), and topography (the Appalachian region).

Volume: 15 - Number: 2

Leading Index Title:

Special Topic Title: Regional Forecasting

Authors:

  • Dick Conway
  • Doug Pedersen

The Jitters

Fed chair Ben Bernanke may not like it, but Alan Greenspan has still got it. The day after the former chief uttered the "R"word, the stock market turned south, causing a case of the jitters.

Volume: 15 - Number: 1

Leading Index Title:

Special Topic Title: Sports and the Economy

Authors:

  • Dick Conway
  • Doug Pedersen

Good Cheer

End of year is a fitting time to sum things up. Economic statistics for 2006 have not been finalized, but so far the numbers look good. The 3.5 percent gain in Puget Sound employment, if it holds up, will be the best showing in eight years.

Volume: 14 - Number: 4

Leading Index Title:

Special Topic Title: Population Change

Authors:

  • Dick Conway
  • Doug Pedersen

Tapping the Brakes

When a driver taps the brakes, the car slows down but remains under control. The workings of an economy are not so simple. If the economy decelerates in response to an oil price shock, for example, the slowdown may trigger a reaction that further impedes its progress.

Volume: 14 - Number: 3

Leading Index Title:

Special Topic Title: Taxable Retail Sales

Authors:

  • Dick Conway
  • Doug Pedersen

Three Years Later

The Puget Sound economy, slammed by two Boeing downturns and the dot-com bust, hit bottom in the second quarter of 2003...But what a difference three years make.

Volume: 14 - Number: 2

Leading Index Title:

Special Topic Title: Services

Authors:

  • Dick Conway
  • Doug Pedersen

What Matters

Did Airbus really win last year's skirmish over airplane orders? Excluding cancellations and conversions, the European airplane maker claimed that it booked 1,111 firm orders, 82 more than Boeing.

Volume: 14 - Number: 1

Leading Index Title:

Special Topic Title: California

Authors:

  • Dick Conway
  • Doug Pedersen

Brush-Off

Typically, it takes more than one thing to lift an economy up or drag it down. In 1997, boosted by strong national growth, a cyclical upturn at Boeing, and the dot-com boom, Puget Sound employment jumped 5.1 percent.

Volume: 13 - Number: 4

Leading Index Title:

Special Topic Title: Entrepreneurs

Authors:

  • Dick Conway
  • Doug Pedersen

Good Show

One thing about the bottom of a recession, the prospects are good. After shedding five percent of its employment during the slump, the Puget Sound region finally got things turned around in the middle of 2003.

Volume: 13 - Number: 3

Leading Index Title:

Special Topic Title: Socio-Economic Rankings

Authors:

  • Dick Conway
  • Doug Pedersen

Mini-Boom

Mix the expansionary phase of a business cycle with a weak dollar in a trade-dependent area and you have the makings of an economic boom. That is exactly what happened in the Puget Sound region twenty years ago.

Volume: 13 - Number: 2

Leading Index Title:

Special Topic Title: Per Capita Income

Authors:

  • Dick Conway
  • Doug Pedersen

Following the Script

Even armed with high-powered models, economic forecasters sometimes get it wrong. The Blue Chip panel of economists failed to predict the national recession in 2001. In fact, they did not even recognize it until it was almost over. We fared no better in forecasting the collapse of the Puget Sound economy.

Volume: 13 - Number: 1

Leading Index Title:

Special Topic Title: The Leading Index

Authors:

  • Dick Conway
  • Doug Pedersen