economy

Hundreds of sawmill representatives gathered in Portland Monday for a trade association meeting. Thanks to a recovering housing market, the U.S. demand for lumber is increasing. Amelia Templeton of Earthfix has more.

New numbers out Monday show Idaho's rural areas experienced the post-recession years very differently from the state's cities. While places like Boise and Pocatello were on the mend, economic output in rural communities in Idaho declined.

At first glance, Idaho's rural counties appeared to be making an economic recovery with the rest of the state. But Idaho’s Department of Labor says when you take inflation into account, the output of goods and services from rural Idaho actually declined by $90 million in 2011.

Photo courtesy I Corps, U.S. Army

Northwest military bases, universities, national labs and parks await guidance for how to implement automatic federal budget cuts. The so-called "sequester" is scheduled to take effect at the end of this week. Not much else is certain beyond that including who in the region could feel the pain immediately, if anyone. Correspondent Tom Banse reports.

SALEM, Ore. – Oregon lawmakers now have a better sense of how much money they'll have to put together a budget. State forecasters Friday announced their latest revenue projections.

The bottom line: Things keep getting better. But not by much. State economist Mark McMullen told a legislative panel that corporate and personal income tax projections continue to rise. But he says the rate of increase isn't as strong as previous economic recoveries.

Unemployment has dropped to a four-year low in Washington. The state Employment Department Wednesday released the latest jobless stats. During December, Washington's unemployment rate fell to 7.6 percent -- one-tenth of a percentage point lower than the revised rate for November.

Signs Of The Times Buried In Holiday Trash Heaps

Dec 27, 2012
Photo by Jessica Robinson / Northwest News Network

Now that presents have been opened, it's time for another tradition of the holiday season: bags upon bags of trash. Jessica Robinson talked with one garbage collector in north Idaho about what he can tell from this year’s haul.

Hundreds of people attended Tuesday's public hearing in Spokane about a proposed coal export terminal in the Northwest. The meeting brought out strong emotions, and raised a moral question about how the hearings are run. Paige Browning reports the event focused on the proposed Gateway Terminal for Whatcom County, which would ship coal to Asia.

The Department of Energy released a study today/ Wednesday that finds exporting natural gas would benefit the U.S. economy. That may clear the way for the feds to grant licenses to 15 proposed export terminals, including two in Oregon. Amelia Templeton of Earthfix reports.

Washington Liquor Sales Up Over Last Year

Dec 4, 2012
Decatur Wine & Spirits / Wikimedia Commons

There’s new data on the affect of liquor privatization in Washington. According to new numbers released Tuesday that capture the first four months of private liquor sales, sales by volume were up between June and September nearly 3 percent over the same period last year.

Vixwald / Wikimedia Commons

Sawmills in the Northwest have significantly ramped up production in response to the rebound in construction nationally. That's according to a market survey by an industry consultant based near Seattle.

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