Economic update

 

This is just a quick update to let you all know how we're doing in our little corner of the world.   I'll try and provide these updates monthly and make them super easy to read in 10 seconds via bullet points.  Charts are courtesy of Bill Conerly.


Bottom line?

  • Big business if pretty confident right now but small business and consumers are not.
  • The cost to borrow money is still ridiculously low.
  • WA state poverty is lower than national average (thanks to a stronger state economy).
  • Employment growth has actually been positive in Tri Cities area (thanks to federal money) but still lags everywhere else.

confidence chart

poverty chart

 

Casey
Edmonds, WA

 

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_______________________

Casey Bui, MPA
Managing Broker,
Residential Real Estate Division
Rockwell Realty
(206) 234-5611
caseybui@gmail.com

4 comments • Casey Bui • October 13 2010 03:54PM

Comments

Casey,

Thanks for the update. I am close to you, just a ferry trip away in Victoria.

Transfering charts--one easy way that I do it is to create someting in Excel, copy it, paste it into Paint, then save it as a jpg. You can upload jpgs into ActiveRain (like my name below).

Cheers,

Posted by Ted Tyrrell - Selling Homes in Beautiful Victoria! (Victoria, Oak Bay, Saanich Peninsula, Esquimalt, Bear Mtn.) over 1 year ago

Thanks Ted. I'll keep that in mind. Maybe I'll get to it next month. :)

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Posted by ClarkeCarolina33 8 months ago

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