Spokane Economist Makes Prediction


	Spokane Economist Makes Prediction

Spokane_Realtor

2-14-2009 10:58 AM

17 views

tags:

spokane real estate, spokane homes

Spokane_Realtor says:

Shaun O'L Higgins, a local Spokane economist is predicting that the Spokane economy will turn around quicker than other regions in Washington due to our higher ratio of adventurers and risk takers in the local population. See Feb 12, 2009 Spokesman-Review for complete story.

Add a Comment

Login to Comment. Not a member yet? Sign up

Today's Top Clips

visit the Top Clips page

View the Top Clips from February 14, 2009

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/6321cfe9-efb8-4ae0-9770-45c279923e3c/0848DE27-8747-4E51-AD58-4E77B4CA7F06/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.spokesman.com/stories/2009/feb/12/local-economic-crunch-may-be-brief/" href="http://www.spokesman.com/stories/2009/feb/12/local-economic-crunch-may-be-brief/" style="font-size: 11px;">www.spokesman.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/feb/12/local-economic-crunch-may-be-brief/"><H2>Local economic crunch may be brief</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/feb/12/local-economic-crunch-may-be-brief/"><H5 class="details"><A href="http://www.spokesman.com/2009/feb/12/" class="quiet">February 12, 2009</A> in <A href="http://www.spokesman.com/business/">Business</A></H5></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/feb/12/local-economic-crunch-may-be-brief/"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/www.spokesman.com/img/4227DF57-5EF9-49C7-88E8-661D90C69EF8" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/feb/12/local-economic-crunch-may-be-brief/"><P>The recession crushing many areas of the United States came late to the Inland Northwest, will leave sooner, and inflict less pain, a longtime economic observer and forecaster told a Spokane Valley Chamber of Commerce gathering Wednesday.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/feb/12/local-economic-crunch-may-be-brief/"><P>Spokane-area housing prices eased last year, and will continue to do so in early 2009, he said, but very few owners are under water, and only 8 percent are feeling “damp,” mostly those who bought after mid-2007. Owners “under water” owe more on the house than it is worth.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/feb/12/local-economic-crunch-may-be-brief/"><P>From 2001 through 2007, median household incomes in Spokane rose 9.5 percent, almost twice the 5.6 percent for the U.S. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.spokesman.com/stories/2009/feb/12/local-economic-crunch-may-be-brief/"><P>The area did lose some jobs in 2008, but recent increases in the Spokane County unemployment rate can be blamed in part on an influx of workers from other counties, and by decisions by spouses, retirees or adolescents to seek work and support their households, he said.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/0848DE27-8747-4E51-AD58-4E77B4CA7F06/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks: Amplify.com - Don't just share the news...Amplify it!

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Copyright; Privacy; EULA

Search Options

Today's Top Clips