The Pacific Northwest is a great place to live and play!!
as presented by the Columbian, January 27, 2008
Jobs: in 2007 employment grew by 3,000 jobs, or 2.2 percent. 2008 looks for slower growth, around 1,600 jobs.
Chip Production: expansion that began in 2007 is expected to continue, growing 9.3 percent.
Housing: It is an excellent time to buy and sell. There will be a small amount of appreciation, up possibly 4 to 5 percent.
Energy: In 2008 there should be little upward pressure on electricity prices int eh Pacific Northwest. With the possibility of a warm winter gas prices in 2008 could lead to reductions in natural gas prices.
Retail: New retail space will add 821,000 sq . ft. to the market. New national apparel stores will commit to Clark County retail developments.
Mortgage Banking: All indications are that mortgage loan rates will stay as they have in 2007 with possible increases toward the end of the year.
Travel: Visitor spending in Clark County reached an extimated $400 milling last year. In 2008, at least an 8 percent increase is projected.
For more details go to: http://www.columbian.com
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