Feb 112016
 

A perfect illustration in today’s Seattle Times — and yes, I still read newspapers on dead trees, four a day in fact — how our economy operates today at warp speed. On Page 1, news that in response to competitive pressure from Airbus,  Boeing will be cutting costs and trimming [continue reading . . . ]






Feb 122015
 
Got your ticket yet?

Headed for Europe soon? Your timing couldn’t be better. The dollar is up almost 15% against the currencies of major U.S. trading partners in six months, and almost 29% since July 2011. The currencies in question are the euro, the Canadian dollar, the Japanese yen, the United Kingdom pound, the [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 . . . ]






Jul 302013
 
Jobs in Washington: What now?

Beginning in May 2010 and continuing for almost three years, aerospace employers in Washington State added to their payrolls at the rate of nearly 600 a month. Over eight months starting in April 2011, the pace of hiring was almost frantic, averaging about 900 a month, as Boeing scrambled to [continue reading . . . ]






May 282013
 

Things on my mind as I prepare for the business/economy segment on KUOW‘s Weekday program at about 10:40 a.m. Pacific time May 29: 1. The Boeing Boom? So over. The headlines over the past several weeks about layoffs and other cutbacks at Boeing (excellent coverage in the Seattle Times by [continue reading . . . ]






Apr 172013
 

For those of a certain age, the billboard remains etched in memory. It was April 1971. Boeing employment over the course of about three years had collapsed from more than 100,000 to fewer than 40,000 following cancellation of government funding for a supersonic transport and commercial orders for the then-shiny-new [continue reading . . . ]






Jan 282013
 
Evergreen State economy: Uh, oh

I wish it were otherwise, but no matter: If Washington State’s economy were a stock, I’d be tempted to go short*. I’m no expert. I know only what I read. My gut tells me that the longer the 787 remains grounded, the more likely Boeing will have to redesign the [continue reading . . . ]






Jan 222013
 

I have four topics lined up for my stint on KUOW‘s Weekday program tomorrow. Sometimes the host sticks to the topics I suggest, some times not. Here are my bullet points: Dreamliner Blues: The grounding of Boeing’s 787 Dreamliner is obviously at the top of everyone’s radar screen. I’m not [continue reading . . . ]






Jan 022013
 
Questions for 2013

Three questions that we’ll know the answers to before 2013 is over: 1. Will Steve Ballmer remain in the driver’s seat at Microsoft? He’s been responsible for day-to-day operations for more than 14 years and CEO for a nice round dozen years. During his tenure, Microsoft has missed the boat [continue reading . . . ]