
Established in 1993, The Puget Sound Economic Forecaster is a quarterly report published by the Center for Economic and Business Research at Western Washington University which acquired the publication in 2017 from its founders, Conway Pedersen Economics, Inc.
The report and website are designed for business executives, marketing directors, investors, government managers, and researchers who need a professional and objective view on the economic prospects for the Puget Sound region (King County, Kitsap County, Pierce County, and Snohomish County).
Our goal is to provide accurate and well-reasoned forecasts for the region as well as clear and insightful observations on important developments in the economy.
Each report contains a summary forecast, in-depth discussion of the regional outlook, forecasts and analyses of retail sales and construction and real estate, a special topic (e.g., China and Population Change), a detailed forecast table, and the Puget Sound Index of Leading Economic Indicators.
To facilitate research and analysis on the regional economy, every issue of the regional economic report is archived as a downloadable PDF file in the Subscriber Area. A comprehensive Subject Index of the archived reports has been developed to aid in the retrieval of information.
Reports are posted to the web site one to two weeks before the printed copy is mailed.
With thoughts of the long warm days of summer on our minds, we have found ourselves interrupted pondering about the price of avocados and how the latest round of tariff threats that may impact retail sales and the general economy overall. Thoughts of spending time at the lake or river have found us considering stream flows and how the change in our climate may impact all of the people and businesses that rely on water in one way or another. Daydreams of patio and deck BBQs have caused us to reflect on changes in house prices and the sudden growth in sales outside of the King County – is it more commuters or are jobs moving? Will the Seattle to Everett corridor retain its worst traffic in the nation ranking? Evidently, economists are bad at not thinking about things. All of the above is ahead in this edition of the Forecaster plus a better understanding of workforce participation and the state forecast. We will just call it the beach edition.
Shortages of shipping fuel are emerging in Asia and West Africa as vessels seek supply outside the Middle East, according to Monjasa Group. The UAE port of Fujairah has suffered disruption from drone attacks, creating new and unexpected demand, and a bottleneck in one of the world’s most important energy trade lanes. https://buff.ly/QaNhYNm
WSJ offers an interesting read: Why the Fed’s Next Rate Move Could Be a Hike. An increase, once unthinkable, has become thinkable thanks to stubborn inflation, Iran and a resilient economy. https://www.wsj.com/economy/central-banking/why-the-feds-next-rate-move-could-be-a-hike-81e22988?mod=djem10point
China’s ravenous appetite for silver lifted overseas purchases to an eight-year high at the start of 2026, as importers fed a surge in industrial and investment demand. That demand has pushed local prices well above international benchmarks, whittling down already-low exchange stockpiles and scooping up metal from abroad. Demand has come from both retail investors piling into silver bars (an alternative to increasingly pricey gold) and solar manufacturers front-loading production ahead of the removal of export tax rebates come April 1. The solar industry consumes about a fifth of annual supply, and is overwhelmingly located in China.
We receive a wide-range of questions every day and would love to hear yours. Questions lead to data and data should lead to better questions.
Past topics include regional growth, labor productivity, demographic trends, inflation, multipliers, entrepreneurs, and state and local taxes.
Web site subscribers currently have access to more than fifty special topics. Here are four examples drawn from the Special Topic Archive: