Man barricades himself in Lynnwood business, attempts to blow it up: the full report
LYNNWOOD, Wash., December 16, 2022—On November 25, Lynnwood Police and North County SWAT arrested a man who attempted to blow up a local business, on the 1700 block off Highway 99, after barricading himself in the establishment and threatening the owner. At approximately 4 p.m., the suspect, 44-year-old Michael Paul Hargett, had attempted to steal […]
Shop small on Small Business Saturday
Saturday, November 26, 2022, is Small Business Saturday – a day to celebrate and support small businesses and all they do for their communities. This year, we know that small businesses need our support now more than ever as they navigate, retool and pivot from the effects of the coronavirus pandemic. Please join SBA and […]
Inflation jumps to 9.1% in June, real earnings down 3.6%
WASHINGTON D.C., July 13, 2022 – Today, the U.S. Bureau of Labor Statistics announced that consumer inflation rose to a 41-year high of 9.1% in June, up from 8.6% in May. The Consumer Price Index for All Urban Consumers (CPI-U) increased 1% from May to June. Americans have not experienced such high consumer inflation since November of 1981. The all items less food and […]
CBRE brokers $32.7M sale of Alderwood Towne Center in Lynnwood
SEATTLE, Wash., June 29, 2022 – CBRE announces the $32.7 million sale of Alderwood Towne Center, a 105,357-sq.-ft. retail center in Lynnwood, Wash., to Tri-Western Syndicated Investments, a Bellevue-based private holding company controlled by the Radford family. Dino Christophilis and Daniel Tibeau with CBRE’s National Retail Partners group represented the seller, Alderwood Shopping Center 04 […]
U.S. bond yields surge as financial markets tumble, inflation jumps
All major indexes – Dow Jones Industrial Average, S&P 500, and the Nasdaq Composite – tumbled today, raising concerns of a looming recession following last week’s reports from the U.S. Bureau of Labor Statistics of a 40-year high 8.6% consumer inflation rate and a 3.0% decline in real earnings for the month of May. According to […]
Inflation jumps to 8.5% in March, real earnings down 2.7%
WASHINGTON D.C., April 13, 2022 – Yesterday, the U.S. Bureau of Labor Statistics announced that consumer inflation rose to a 40-year high of 8.54% in March, up from 7.87% in February. The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.2% from February to March. According to the latest CBS News/YouGov survey conducted between April 5-8, with a nationally […]
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 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% […]
