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| It's Not Policy, it is a Social Media Post | We rang in the new year in Seattle much like we are bringing you this podcast – with a lot of fog obscuring the show. If you think weather forecasts are unreliable, try predicting the economy with incomplete data, revised later, using assumptions that stop holding the moment you publish. But at… |
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| One Quick Question: When reading economic news, can you trust the numbers? | |||
| One Quick Question: Inflation, Consumer Price Index, cost of living: do any of these numbers actually measure affordability? | |||
| How does Seattle's cost of living stack up to other cities? | We all know the cost of living is really high in Seattle. Whether it's housing or groceries, this town is a tough place to make ends meet. But just how expensive is Seattle compared to other cities? On today's episode, Monica talked to a researcher who sends armies of shoppers to… |
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| Washington has highest menu prices at popular chains, new study finds | “ Our minimum wage in Washington state is not insignificant,” said James McCafferty, who studies consumer prices as director of the Center for Economic & Business Research at Western Washington University. “ It's challenging because at one time, one person will tell you how expensive… |
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| Affordability preludes economic growth in Whatcom County, candidates say | Local businesses that comprise Bellingham’s small economy are fairly insulated to economic swings, said Hart Hodges, the director of Western Washington University’s Center for Economic and Business Research. Whatcom County’s economy doesn’t see a rise in employment and rapid economic growth in… |
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| Trump tariffs leads China to declare readiness for ‘economic shocks’ | According to the Center for Economic and Business Research (CEBR) at Western Washington University, Trump’s tariffs have unleashed a new “China shock,” devastating jobs in emerging economies from Mexico to Indonesia as Chinese exports flood their markets. The situation is… |
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| Seattle-area inflation slows. Here’s what’s still driving up prices | The Seattle-area inflation rate is also higher than the national inflation rate of 2.6%, and the core rate of 3.3%. That means costs in the region are increasing a bit more quickly compared with the U.S. average, explained Hart Hodges, associate professor at Western Washington University… |
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| Machinists return to work at an unsettled Boeing after 8-week strike | Hart Hodges and James McCafferty, co-directors of the Center for Economic and Business Research at Western Washington University, said the impact of the strike on the local economy is more likely to come as delayed spending, rather than permanent changes to economic activity. |
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| For many job seekers, WA job market still far from a pre-pandemic norm | Taken as a whole, Washington’s “labor market still tilts in favor of [job] seekers,” says James McCafferty, co-director at the Center for Economic & Business Research at Western Washington University. But in some sectors, McCafferty concedes, “it may not feel like it.”… |