By The Tim on February 1, 2010
With the failure of American Marine Bank on Bainbridge Island becoming Washington State’s third bank failure of 2010 on Friday, I thought it would be interesting to take another look at our state’s troubled banks. The following charts are based on data from the FDIC, the NCUA, and Calculated Risk’s latest Unofficial Problem Bank List [...]
Posted in Economy, Local, News | Tagged banks, credit unions, maps, Tableau, troubled-banks
By The Tim on January 25, 2010
It would appear that our old friend Bill Virgin (formerly of the print P-I), is now writing a weekly column for the Tacoma News Tribune. Here are a few excerpts from his latest piece regarding what we may expect to see in store for the local economy in 2010: 2010 recovery will hinge on confidence [...]
Posted in Economy, Local, News | Tagged Bellevue-Reporter, DeLisle, Economy, Hicks, predictions, Tacoma_Tribune, UW, Virgin
By The Tim on January 24, 2010
For reference, we last tackled this question here in March 2008, when 58% of poll voters selected the 3rd inning or earlier. Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 01.30.2010.
Posted in Economy, Polls | Tagged Economy, Polls, recession
By The Tim on January 22, 2010
Washington State’s Chief Economist Arun Raha has been speaking this week about his expectations for Washington’s economy in 2010 and beyond, including his outlook for the local real estate market. Raha said the nation’s big banks are in better shape and are mostly back to normal in terms of lending money to customers with good [...]
Posted in Economy, Local, News | Tagged banks, Benbow, Boone, consumer-confidence, Economy, Everett_Herald, Local Economy, Olympia, Olympian, predictions, Raha
By The Tim on December 9, 2009
Barack Obama yesterday: President Barack Obama outlined major new government stimulus and jobs proposals on Tuesday, saying the nation must continue to “spend our way out of this recession.” Without giving a price tag, Obama proposed a package of new spending for highway, bridge and other infrastructure projects, deeper tax breaks for small businesses and [...]
Posted in Economy | Tagged debt, Economy, government_meddling, Obama, politics
By The Tim on November 23, 2009
Someone linked this up in the weekend open thread, and I thought it was a pretty good summary of why I am not convinced that we are presently on the road to recovery, so I thought I’d share it here. Are We Living In Zero Hour Now? If I tried to excerpt some of the [...]
Posted in Economy | Tagged debt, economics, Economy, politics
