Files containing subject investment

As bad as it was, we should not mistake the Great Recession for the Great Depression...Despite the fits and starts of the recovery, there are concrete signs that the Puget Sound economy is on the mend. [READ MORE]

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. [READ MORE]