economy

Pablo Martinez Monsivais / Associated Press

President Barack Obama was at Nike's campus near Beaverton Friday, pitching the Trans-Pacific Partnership trade agreement. 

The president said a progressive, high standard trade agreement like the Trans-Pacific Partnership would open new markets and support high quality jobs. He used Nike factories across the world as an example.

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

How Ocean Acidification May Harm The Northwest Economy

Feb 23, 2015
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.

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

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.

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

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.

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. 


Northwest Gas Prices Among Nation's Highest

Aug 29, 2014
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.

Oregon Revenue Forecast Steady, Kicker A Possibility

Aug 27, 2014
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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