By Jim Cline
The latest report of the Washington State Economic and Revenue Forecast Council, provides a mixed picture of economic strength both nationally and locally.
Archives for October 2013
October 17, 2013 By
Latest State Economic and Revenue Report Provides “Mixed Signals”
October 15, 2013 By
Latest CPI Report and Other Indicators Suggest Low Inflation May be the “New Normal”
By Jim Cline and Kate Kremer
As we had suggested in our last article on inflation trends, inflation seems to be trending downward. The CPI numbers confirm that trend. The latest inflation report both for Seattle and All-Cities is sub-2% and other recent inflation projections suggest that trend might continue. The recently released August CPI numbers report the National inflation index (All-Cities-W) at 1.5% and the Seattle-W even lower — 1.1%. A year ago, the corresponding were 1.7% (All-Cities) and 2.7% (Seattle): This graph shows the declining rate over the past year: [Read more…]
