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 Entertainment

Today in entertainment history: March 2

Fresh
beatles

A look back at some of Hollywood's most memorable stories.

in Local Sports

Canucks beat Blues in shootout after blowing lead

Fresh
Canucks fans

The Vancouver Canucks recovered from blowing a three-goal lead for a 6-5 win over the St. Louis Blues on Sunday night.

in Local Sports

UCLA grinds out victory over Washington State

UCLA coach Steve Alford gestures during the second half of his team's NCAA college basketball game against Oregon State, Sunday, March 2, 2014, in Los Angeles. UCLA won 74-69.

UCLA grinded out a 72-67 victory over Washington State on Sunday night that gave the Bruins possession of fourth place in the Pac-12.

in Local Sports

Lillard, Aldridge leads Blazers past Kings

Portland Trail Blazers guard Damian Lillard

The Portland Trail Blazers beat the Sacramento Kings 110-99 on Sunday for their third straight victory.

in Local Sports

2015 GNAC Basketball Championship field announced

western washington logo generic copy/wwu

The 2015 Great Northwest Athletic Conference Basketball Championship bracket was announced Sunday. Both the WWU men and women qualified for the tournament.