Population of the Evergreen State has grown about 60% faster than the national average in first half of the decade. Only seven states have grown at a faster rate; only two of those seven have more population than Washington. International migration — people moving from other countries — accounts for [continue reading . . . ]
Overview bullet points ahead of my economic-update presentations last week to the Northwest Wall & Ceiling Bureau (slides here), a trade association, and the Economic Development Association of Skagit County (slides), perhaps Washington’s most successful economic development association: Listen to the music of the global bond markets. The tune they [continue reading . . . ]
The difference between Windows 7 and Windows 8? Think Ford versus Ferrari. A twenty-something Microsoft technician, patient and unfailingly polite, and I were chatting. From Bangalore, he had taken over my Windows 7 computer, my main machine, to try to root out some unseen malady which had prevented all Office [continue reading . . . ]
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 . . . ]
Years ago, from a back-row press seat at a Microsoft financial analyst meeting, I heard CEO Steve Balmer bellow that Microsoft would make software that “just works.” If memory serves, the much unloved Windows Vista was then the flavor of the month. In time it was succeeded by Windows 7, [continue reading . . . ]
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 . . . ]
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 . . . ]
Skip the pricey drink and buy the stock. If you had put $1,000 into Starbucks stock at the end of March 2009, a few days following the bottom of the current stock-market cycle, you would be sitting on a gain of roughly five to one. No one can know whether [continue reading . . . ]
I’ve been working on some new charts that I will present to U.S. Bank customers in Bellingham Tuesday. I’m on a panel for the bank’s 23rd annual economic outlook forum. I plan on saying what I have said in this space and on KUOW’s air: Amazon.com’s hiring and building sprees [continue reading . . . ]
Amazon.com is on a roll. Last Friday, it announced a blockbuster real-estate deal, the purchase of its South Lake Union campus for more than $1 billion. It unveiled late in summer plans for three high-rise office towers on the edge of downtown Seattle — a quick streetcar ride from its [continue reading . . . ]
Things on my mind as I prepare for my every-third-week appearance on KUOW‘s Weekday program Aug. 8: 1. Knight Capital Group (KCG). All investors ought to be concerned that a highly regarded Wall Street firm either didn’t have or (more likely) failed to hit the “kill switch” on an “algo” [continue reading . . . ]
If you live in the Seattle area, savor this time. It seems to me you and I live in a lush oasis of relative prosperity, surrounded by a grimy desert of gloomy economic news. There are no guarantees. Enjoy it while it lasts. Boeing is booming. Aerospace employment in Washington [continue reading . . . ]