News

Local economist sees small increases over next year

Local economist sees small increases over next year

Photo: clipart.com

KGMI News Reporting
By Tracy Ellis

BELLINGHAM, Wash. – No one knows exactly what will happen with Whatcom County’s economy for the next 12 month, but local economist Hart Hodges has a pretty good idea.

He spoke at a Bellingham/Whatcom County Chamber of Commerce’s speaker series event yesterday.

“Locally, we are not back in the labor market to where we were at the peak before the 2008-09 recession.”

He sees a 1.5 percent increase in employment.

“Information, professional technical services, management of enterprises – those sectors are some of the fastest growing sectors in a number of the major metro areas across the county.  They are the highest wage growth sectors. ” 

Whatcom County doesn’t have many of those jobs.

That’s part of the reason why he expects wages to rise just a little bit above inflation.

He thinks retail will be up a modest 2 percent, with no significant change in the exchange rate or border crossings

Hodges says housing prices are already well above the national average and he doesn’t believe they’ll go much higher.

Recent Headlines

in Sports

Pacquiao knocked Algieri down 6 times, dominates

Pacquiao Bradley News Conference

Pacquiao gets a signature win that should put to rest the idea he's declining and maybe even set up a fight next year with Floyd Mayweather Jr.

in Local

Lynden museum won’t give up all its guns after all

old guns

A pawn shop offered to do the museum's paperwork for them

in Local Sports

Big plays help Huskies race past Beavers

Washington's John Ross returns a punt against Arizona State in the first half of an NCAA college football game Saturday, Oct. 25, 2014, in Seattle.

The Huskies became bowl eligible with a 37-13 win over Oregon State on Saturday night.

in Local Sports

WWU men wins exhibition at American University-Puerto Rico

western washington logo generic copy/wwu

Western Washington University concluded its trip to Puerto Rico on Saturday by defeating American University, 85-68, in a men's basketball exhibition game at Complejo Deportive.

in Local Sports

WWU women defeats UCSD

Viking at Carver

The Western Washington University women's basketball team rallied from a seven-point deficit and went on to claim an 80-77 overtime win over UC-San Diego to conclude final-day action at the West Region Crossover Classic on Saturday at Sam Carver Gymnasium on the WWU campus.