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Economic Revenue and Forecast Council provides updated state forecast

OLYMPIA Dave Reich, executive director of the Washington Economic Revenue and Forecast Council, provided an updated economic forecast for the state during the council’s regular Feb. 14 revenue review meeting in Olympia.

“I think that's probably the main message, is it's not a recession,” Reich said. “That's not part of our base case, but just a slowly growing economy.”

Reich elaborated on what it means to forecast a slow-growth economy.

“Nationally that means slow employment growth, it means inflation will continue to trend down slowly from where it is now and it means GDP, or economic growth, will just be slower, sort of in the 1%-2% range,” Reich said. “For Washington, we are also expecting the same to happen here, slower employment growth, but also not a huge spike in unemployment, just fewer job ads pretty much. We also expect, of course, inflation will fall here.” ....

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Jeff Bezos' move to Miami looms large at WA revenue forecast presentation

OLYMPIA — The executive director of the Washington State Economic and Revenue Forecast Council says the overall revenue picture for the state is “pretty good.” ....

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Bill swap, money talks, and initiative hints: A look at week 6 of Washington state's legislative session

Bill swap, money talks, and initiative hints: A look at week 6 of Washington state's legislative session
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KUOW - Bill swap, money talks, and initiative hints: A look at week 6 of WA's legislative session

KUOW - Bill swap, money talks, and initiative hints: A look at week 6 of WA's legislative session
kuow.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuow.org Daily Mail and Mail on Sunday newspapers.

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Bill swap, money talks, and initiative hints: A look at week 6 of WA's legislative session

Bill swap, money talks, and initiative hints: A look at week 6 of WA's legislative session
nwnewsnetwork.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nwnewsnetwork.org Daily Mail and Mail on Sunday newspapers.

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