Snohomish County residents brace for 0.1% sales tax increase April 1
SNOHOMISH COUNTY., Wash., March 22, 2022 – With just days until Snohomish County raises its local sales and use tax to fund affordable housing and behavioral health programs, is now the right time for an increase while the nation is experiencing a 40-year high consumer inflation? Beginning April 1, one tenth of one percent – […]
National inflation jumps to 40-year high at 7.9% in February, Seattle area at 8.1%
WASHINGTON D.C., March 10, 2022 – Today, the U.S. Bureau of Labor Statistics announced that consumer inflation rose by another 0.8 percent in February after rising 0.6 percent in January, bringing national inflation to 7.9 percent over the last 12 months — the highest jump since January 1982. Inflation of food is the highest it […]
US core inflation jumped to 7.5% in January, highest since 1982
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in January 2022 on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index (core inflation) increased 7.5 percent for January 2022 before seasonal adjustment, well above the 7.2 percent expected year-over-year […]
US Supreme Court split ruling on vaccine mandate
WASHINGTON D.C., January 13, 2022 – Today, U.S. Supreme Court struck down President Joe Biden’s vaccine mandate initiative for the workforce of any business with 100 or more employees but upheld the initiative to require Healthcare Workers to be fully vaccinated. (To view the initiatives as explained by the Biden Administration, click here). U.S. Supreme […]
US inflation jumped 7% in December as prices rise at rates unseen in 40 years
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in December on a seasonally adjusted basis after rising 0.8 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.0 percent before seasonal adjustment. The Seattle-Tacoma-Bellevue region saw a whopping 1.1% […]
Major General Fund-State revenue collections 7.3% higher than forecasted
Article Summary Washington housing construction rebounded in the third quarter of 2021. Seattle-area consumer price inflation outpaced the national average in the year ending in October 2021. Major General Fund-State (GF-S) revenue collections for the October 11 – November 10, 2021 collection period came in $139.6 million (6.5%) higher than forecasted in September. Cumulatively, collections […]
China’s looming financial crisis as Evergrande misses debt payment
China Evergrande Group, one of China’s largest real estate developers, has been plummeting toward defaulting on its debts—negatively impacting global markets. The company aggressively expanded with reckless abandon and is now the “most-indebted property developer in the world,” owing more than $300 billion. Should the default occur, it would be one of China’s largest. Evergrande […]
Entrepreneurship celebrated at Signarama Lynnwood
LYNNWOOD, Wash., August 7, 2021 – Signarama Lynnwood celebrated their grand opening with a ribbon cutting ceremony and a tour of the business Wednesday, August 4 at 1:30 p.m. Franchise owners Punita and Rajesh Bansal were joined by Chamber of Commerce President/CEO Linda Jones and Lynnwood City Councilmembers Jim Smith and George Hurst. Lynnwood City […]
United Airlines orders 200 more Boeing 737 MAX jets
SEATTLE Wash. June 29, 2021 – Boeing and United Airlines today announced the carrier will expand its 737 order book by purchasing an additional 200 737 MAX jets, including 150 for the largest member of the family, the 737-10, and 50 for the airplane that serves the heart of the single-aisle market, the 737-8. The […]
Global Chip Shortage
As some are painfully aware, there is a global chip shortage. No, not the Doritos or Lay’s type of chips: semiconductor chips. It isn’t hard to notice some electronics are consistently out-of-stock. Anyone who has or is trying to purchase a new Xbox, Playstation 5, or PC components can attest to that. Online restocks are […]
