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NAPM Regional Economic Update January 15, 2013. Grant D. Forsyth, Ph.D. Chief Economist Grant.Forsyth@avistacorp.com. The Regional Economy: Looking for Green Shoots. Your are here. U.S. GDP Growth Forecasts to 2017.
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NAPM Regional Economic Update January 15, 2013 Grant D. Forsyth, Ph.D. Chief Economist Grant.Forsyth@avistacorp.com
The Regional Economy: Looking for Green Shoots Your are here..
U.S. GDP Growth Forecasts to 2017 Source: IMF, Global Insight, Economy.com, FOMC, Bloomberg, Blue Chip, Wall Street Journal, WA Governor’s Council of Economic Advisors, The Economist, and author’s calculations.
Unemployment Rates, 2011-2012 Source: BLS and author’s calculations.
U.S. Unemployment Rates by Cohort, 2012 Source: BLS and author’s calculations.
Non-Farm Employment Growth, 2009-2012 Source: BLS and author’s calculations.
Population Growth, 2011-2012 Source: U.S. Census, OFM, and author’s calculations.
Spokane Taxable Sales Growth, 2008-2012 Source: WA DOR and author’s calculations.
Spokane Real Median Household Income and Spending, 2004-2011 -2% -9% +9% -20% Source: OFM, BEA, and author’s calculations.
Existing Home Price Growth, 2011-2012 Source: FHFA and author’s calculations.
Spokane+Kootenai Bank Performance, 2Q 2008-2Q 2012 Source: FDIC.
Spokane+Kootenai Growth in Residential Units Permitted, 2011-2012 Source: Construction Monitor and author’s calculations.
Top 20 Spokane-Area Construction Projects, Journal of Business, 2012 Source: Journal of Business and author’s calculations.
Monthly Leading Indicator, 2011-2012 Source: WA ESD, Economagic.com, Census, and author’s calculations.
Washington Per Capita Federal Procurement Dependency Relative to U.S., 2010 Benton-Franklin ($12,400), Klickitat, Kitsap, Garfield, King. U.S. ($1,670) Spokane ($788) Source: Census, BEA ,and author’s calculations.
The Regional Economy: Looking for Green Shoots Your are not here…yet..