Seattle Taxable Retail Sales
Here is a chart of annual taxable retail sales in the city of Seattle for the years 1994 to 2008. To remove the effects of inflation, we have adjusted spending to 2008 values using the BLS’s Seattle Consumer Price Index. The key things to note are: (1) for 2007, the peak year of the last […]
August 20 , 2009 - Kriss Sjoblom
Seattle's Lost Decade
An editorial in the current issue of the Puget Sound Business Journal promotes our recent Policy Brief, “Seattle’s Lost Decade”: A new report by the Washington Research Council should be required reading for policymakers in Seattle’s City Hall. The full editorial is available through this link to the PSBJ (subscription required).The brief itself is available […]
August 16 , 2009 - Richard S. Davis
Econbrowser Not Seeing the Recovery
At the Econbrowser blog, James Hamilton remains unconvinced that the economy is recovering. The economic recovery may well have already begun in Asia and Europe, and certainly the mechanics are in place for significant improvements in U.S. real GDP even without any changes in the underlying fundamentals. However, I remain persuaded that a real U.S. […]