Dec 142014
 
Updated Amazon.com slides

Reader Richard D. Shay kindly commented on my “excellent detective work” in turning up detail on Amazon’s meteoric growth. Thank you. In preparation for a recent presentation, I updated four Amazon.com charts. As I noted here, Amazon won’t disclose its Seattle-area employment. I see its footprints in data compiled by [continue reading . . . ]

Dec 122014
 
Bright lights, big city

The economy of the Seattle area seems as strong as it has been in my 40 years covering the economy as a financial journalist. Amazon’s voracious demand for office space is remaking downtown Seattle and South Lake Union. The pace is breathtaking, and shows no signs of abating. The company [continue reading . . . ]

May 122014
 
Income inequality illustrated

For a presentation May 8 to the Washington Alaska Chapter of the Healthcare Financial Management Association, I added to my talk a few comments on income inequality. It is not hard to find ways of illustrating growing income inequality in the United States and elsewhere. Here a few slides prepared [continue reading . . . ]

Sep 052013
 

After my talk to CFA Society Spokane last week, a member asked why my presentation didn’t emphasize more good news. I responded that as a former newspaperman, I’m a man-bites-dog type. Dog-bites-man, the ordinary stuff that happens every day, doesn’t make the paper. I’m slow on my feet. In retrospect, [continue reading . . . ]

Sep 022013
 

For my money, the Washington Post‘s Robert Samuelson is one of today’s most accessible economics columnists. Don’t miss his column today. Excerpts: On this Labor Day, American workers face a buyers’ market. Employers have the upper hand and, given today’s languid pace of hiring, the advantage shows few signs of [continue reading . . . ]

Aug 302013
 

Mucking around recently released USDA data, I came up with the table below for a presentation to the CFA Society Spokane yesterday. I doubt the average Washington citizen appreciates what an agricultural powerhouse the Evergreen State is. Everyone knows we are the leading producer of apples. But we’re also No. [continue reading . . . ]

Aug 192013
 
Still a Great Disappointment

The Great Recession (January 2008-June 2009) was less severe and the recovery stronger than we thought at the time. But it was still the worst economic decline since the Great Depression. And the recovery remains the Great Disappointment. Uncle Sam in late July published national income and product accounts updated [continue reading . . . ]