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Spokane Valley Mayor Pam Haley joins crowded field for Valley legislative seats spokesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spokesman.com Daily Mail and Mail on Sunday newspapers.
Inslee signs slew of bills strengthening gun laws across Washington spokesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spokesman.com Daily Mail and Mail on Sunday newspapers.
WA Legislature wraps up with bills on the cutting room floor, half of initiatives cleared columbian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from columbian.com Daily Mail and Mail on Sunday newspapers.
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.” ....