economy

Trans-Pacific Partnership
4:04 pm
Fri April 17, 2015

Many Northwest Democrats Noncommittal On Fast-Tracking Trade Deals

File photo of the container ship Hanjin Hamburg at the Port of Seattle.
A McLin Flickr

Originally published on Sat April 18, 2015 10:24 am

So far, few Northwest Democrats are getting on board with a deal to "fast track" a pending Pacific trade agreement, The Trans-Pacific Partnership.

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Climate Change
6:09 pm
Mon February 23, 2015

How Ocean Acidification May Harm The Northwest Economy

Research has found the Pacific Northwest faces risk because of ocean acidification caused by cold ocean water that readily absorbs carbon dioxide.
Credit ClaryRain / Flickr

A new study has found the Pacific Northwest faces a higher risk of economic harm from ocean acidification than other parts of the country.

When excess carbon dioxide in the atmosphere is absorbed into the ocean, it triggers changes in ocean chemistry that makes it harder for mollusks to build shells.

The study is the first to look at which regions are most vulnerable to the damage acidic water can do to shellfish.

George Waldbusser of Oregon State University is a co-author of the study.

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Washington Budget
4:56 pm
Fri February 20, 2015

Higher Tax Collections Lowers Pressure On Washington Lawmakers To Raise Revenue

File photo of the Legislative Building on the Washington State Capitol campus in Olympia.
Tradnor Wikimedia

Originally published on Fri February 20, 2015 3:05 pm

In Olympia, legislative budget writers got a shot of good news Friday regarding tax collections.

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Idaho Economic Projections
6:52 am
Thu January 8, 2015

Why Lawmakers Will See A Rosy Image Of Idaho’s Economic Outlook

The Idaho State Capitol.
Credit Kevin Rank / Flickr

Idaho’s annual legislative session starts next week, but some lawmakers are already at work. Each year, just before the session, a group of lawmakers meets to try and get an idea of what Idaho’s economy will be like in the coming year. They use what they hear to inform their budgeting decisions.

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Poverty
5:51 pm
Wed December 17, 2014

Northwest Child Poverty Rates Show Patchwork Of Economic Recovery

U.S. Census Bureau

Originally published on Wed December 17, 2014 5:40 pm

A new Census Bureau report out Wednesday indicates the economic recovery is lifting children out of poverty unevenly around the Northwest.

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Minimum Wage Rally
5:26 pm
Thu December 4, 2014

Low Wage Workers Rally In Olympia

Activists rallied in support of a $15 per hour minimum wage on the steps of the Washington capitol building in Olympia on Thursday.
Credit Austin Jenkins / Northwest News Network

Low wage workers picketed and rallied across the country Thursday in support of a $15 per hour minimum wage.

On the steps of the Washington state capitol, you could see a group of about 50 people. Some of them carried signs saying "Strike poverty." They called for a $15 an hour base wage in Washington state.

Speaker of the House Frank Chopp, a Democrat, indicated he would like to move a minimum wage bill in the upcoming 2015 legislative session. But with Republicans in charge of the Washington Senate, it seems likely that that effort would face roadblocks going forward.

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Wash. Unemployment
4:54 pm
Wed September 17, 2014

Unemployment Rate Holds Steady In August In Washington State

Credit Jodi Green / Flickr

The latest reading on unemployment in Washington state shows the rate holding steady in August at 5.6 percent. That's half a percentage point below the national rate according to a report from Washington's employment department Wednesday. 


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Gas Prices
4:27 pm
Fri August 29, 2014

Northwest Gas Prices Among Nation's Highest

Northwest drivers plan to hit the roads this holiday weekend despite paying some of the highest gas prices in the nation.
Credit futureatlas.com / Flickr

Northwest drivers plan to hit the roads this holiday weekend despite paying some of the highest gas prices in the nation. That's according to Triple A.

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Revenue Growth
4:40 pm
Wed August 27, 2014

Oregon Revenue Forecast Steady, Kicker A Possibility

Because of a unique Oregon law, if the state revenues keep going up, they'll actually go down.
Credit Doug Kerr / Flickr

Oregon's economy is humming along at a good clip, according to the latest outlook released Wednesday by state economists. But thanks to a unique Oregon law, if the state revenues keep going up, they'll actually go down.

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Unemployment Rate Drop
5:12 pm
Wed August 13, 2014

Wash. July Unemployment Rate Drops to 5.6 Percent, Lowest Since 2008

Washington state’s unemployment rate fell to 5.6 percent in July.
Credit Tom Magliery / Flickr

Washington state’s unemployment rate fell to 5.6 percent in July, the lowest rate since August 2008.

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