economy

Oregon Economy
5:07 pm
Wed May 28, 2014

Oregon Revenue Forecast Up As Job Growth Continues

Job growth is driving an expected increase in tax revenue for Oregon.
Credit M.O. Stevens / Wikimedia

Oregon's economy still hasn't recovered to pre-recession levels. But state economists told lawmakers Wednesday that job growth is driving an expected increase in tax revenue for the state.

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Housing
5:16 pm
Fri May 16, 2014

Northwest Mirrors National Shift Away From Single Family Homes

Condominiums in Portland's Pearl District.
Credit mr_jeffreed / Flickr

New housing starts are a key economic indicator. But not all new houses are created the same. A new report issued Friday shows that Oregon and Washington are following a national shift away from single family homes towards more apartment complexes.

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Seattle Minimum Wage
7:53 am
Wed May 14, 2014

Seattle Residents Testify For, Against $15 An Hour Minimum Wage

Elected officials in Seattle heard an earful Tuesday night about a proposal to raise the minimum wage in the city to $15 an hour. Dozens of people testified before a Seattle City Council public hearing.

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NWPR Books
2:40 am
Sun May 11, 2014

On Income Inequality: A French Economist Vs. An American Capitalist

iStockphoto

Originally published on Mon May 12, 2014 6:11 am

Picture a cozy cafe. At a small table, an economics professor from Paris is chatting with a wealthy businessman from New York.

As they sip coffee, they discuss economic history, and often nod and agree.

Then, as they stand to leave, each states a conclusion drawn from their conversation. But what they say is exactly, completely opposite.

One says economic history proves governments must impose very heavy taxes to break up concentrations of wealth. The other says governments should cut taxes to encourage wealthy people to pursue even bigger profits.

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NWPR Books
8:54 am
Mon March 31, 2014

Dark, Remarkable Poems Show 'How To Dance' Amid Economic Despair

Courtesy of Greywolf Press

Originally published on Mon March 31, 2014 1:18 pm

Nick Lantz speaks from the failed and fallen heart of middle-class Americans, the everyday folks whose lives and bank accounts were gutted when the housing bubble burst. What does that heartbreak look like? Deeper and uglier than plunging stock market charts and foreclosure signs, and more personal. Welcome to an America in which ambition is turned upside down, where someone is likely to say, when asked what he's doing for work these days, "you know those cracks people fall through?/ We're the crack regulators, we keep/ those cracks up to code."

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National Parks
4:19 pm
Mon March 3, 2014

National Parks Report: Nearby Towns Lost Nearly $500M In October Shutdown

File photo of an entrance to Mount Rainier National Park
Tom Banse Northwest News Network

Originally published on Mon March 3, 2014 4:03 pm

According to a National Park Service report, towns around national parks lost an estimated $414 million during the partial government shutdown last October.

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Minimum Wage
5:54 pm
Fri February 28, 2014

Washington House Speaker: Minimum Wage Hike Wasn’t Ready For Vote

Washington Speaker of the House Frank Chopp says the minimum wage hike wasn’t ready for a vote on the House floor this year.
Credit Amber Trillo / Flickr

Washington Speaker of the House Frank Chopp supports a minimum wage hike. But he says the issue wasn’t ready for a vote on the House floor this year. The Democrat made his comments Friday in a rare meeting with the capitol press corps.

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Idaho Sales Tax
4:48 pm
Fri February 28, 2014

Proposal Would End Idaho Sales Tax on Groceries

An Idaho state senator introduced a bill that would repeal the sales tax on groceries.
Credit Michael Pendergrass / Wikimedia Commons

An Idaho state senator and gubernatorial candidate has introduced a bill that would repeal the sales tax on groceries.

Republican State Senator Russ Fulcher says it’s time Idahoans were able to take advantage of the same savings that neighboring states like Washington, Oregon, and Montana have, by not having to pay sales tax on most grocery items.

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Logging Exports
4:59 pm
Mon February 24, 2014

2013: A Good Year For West Coast Log And Lumber Exports

Lumber and log exports from the West Coast rose about 20 percent last year.
Credit Sean Mack / Wikimedia Commons

Lumber and log exports from the West Coast rose about 20 percent last year, with demand peaking in the fourth quarter.

Most of the West Coast logs shipped overseas are going to China, although Japan has upped its demand, as well. With limited forestlands of their own, these countries rely on the United States’ timber supply.

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Minimum Wage
5:08 pm
Fri February 21, 2014

Inslee Explores Minimum Wage Hike For State Workers, Contractors

Washington Governor Jay Inslee says he may consider an executive order to raise the minimum wage.
Credit M.O. Stevens / Flickr

President Obama recently ordered a minimum wage increase for federal contractors. Now Washington Governor Jay Inslee says he may consider a similar executive order at the state level. The Democrat made his comments Friday after a meeting with the President at the White House where minimum wage was discussed.

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