Boeing “Bean Counters” Threatening to Leave Town

Lots of news has come out over the last few days regarding Boeing. Here’s a roundup of some of the big headlines. Airbus extends air show order lead over Boeing Airbus has now racked up $11.5 billion in orders and agreements this week, well ahead of Boeing, which notched up its first air show order […]

News Roundup: Jobs, Everett Condos, Illusions…

Here are a few relevant news stories that have popped into my inbox in the last few days: Associated Press: Wash. revenue down, but recession may be softening Seattle P-I: Housing recovery depends on jobs, banker says Associated Press: Wash. unemployment rate stayed same in April Tacoma News-Tribune: Turning little boxes into living space Everett […]

Morning News: National Housing “Crisis,” Boeing, Alaska Air, & More

Here’s a few national stories of note, and a handful of local economic news stories from this morning: New York Times: For Housing Crisis, the End Probably Isn’t Near Wall Street Journal: When Will Home Prices Stabilize? Fitch Says 2010 Seattle P-I: Unemployed workers struggle with job-seach requirements Associated Press: State lawmakers strike agreement on […]

Morning News Links: Boeing Profit, Prime Defaults

Here’s a brief roundup of some of this morning’s housing and economic news: Seattle P-I: Boeing profit falls 50 percent on production cuts (AP coverage) Bloomberg: Fannie, Freddie Defaults Rise as Borrowers Cite Lower Income Associated Press: Freddie Mac official found dead in apparent suicide Bloomberg: U.S. Apartment Rents, Occupancies Fall Amid Rise in Job […]

Study: So What if Boeing Does Leave the Puget Sound?

The Puget Sound Business Journal posts today about an interesting study just released by the Washington Alliance for a Competitive Economy: What if Boeing Left Washington? (pdf) The report explores the effects of both an immediate withdrawal of Boeing in 2013 and a 10-year phased withdrawal from 2013 to 2022. In addition to estimating the […]

Regarding Boeing

Here’s an unfortunate juxtaposition of headlines from today’s Everett Herald: Economy hinges on Boeing, Snohomish County Executive Aaron Reardon says Snohomish County’s best hope for weathering the economic crisis is to make sure the Boeing Co. keeps production of the 787 Dreamliner jet in south Everett, County Executive Aaron Reardon said on Tuesday. Boeing predicts […]

Speaking of local layoffs… Boeing is next.

Some folks are mentioning this in the comments, and it’s pretty big news, so I’ll just drop it on you: Boeing plans workforce reduction of 4,500, with layoffs in second quarter Boeing said Friday it will cut its Commercial Airplane workforce in 2009 by about 4,500 people, mostly in Washington State. The reduction will be […]