Yesterday Calculated Risk wrote an interesting post looking at what housing is telling us as a leading indicator of the economy:
Historically the best leading indicator for the economy (and employment) has been housing.
…
So here is a review of the three monthly leading indicators:
Housing Starts: Housing starts are moving sideways…
Builder Confidence: More moving sideways…
New Home Sales: [...]
[Note: This is an opinion piece on a political matter. If that sort of thing offends you, it is recommended that you skip this post.]
Christine Gregoire, January 2008:
“The only thing we have to fear is fear itself,” Gregoire said, quoting former President Franklin Roosevelt and referring to national recession fears. “It is a very [...]
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 [...]
For reference, we last tackled this question here in March 2008, when 58% of poll voters selected the 3rd inning or earlier.
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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 credit. [...]
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