Economy, Business, Finance, and Labor

Economy and business news

Housing Markets In Northwest Cities Still Topping The Charts

Dec 26, 2017
Kevin Mooney / Northwest News Network

Home prices continued to climb in Seattle and Portland at some of the fastest rates in the country this year. The latest data show Seattle is still the nation’s hottest market.

Insitu

The unmanned aircraft industry cluster in the Columbia River Gorge is growing yet again. An Australian company that specializes in drone engines plans to open a factory in Hood River, Oregon, early next year.

 

Nicole Raine

A wide range of business groups and universities from Oregon, Washington and British Columbia are teaming up to nurture science and tech startups. Nearly 50 organizations involved in business development signed on to the new Cascadia Venture Acceleration Network.

Anna King / Northwest News Network

You might be in the market for a Christmas tree right about now, but have you thought about what type of Christmas tree you want in eight years?

Believe it or not, it might be hard to find one. That’s because of a tree seedling shortage happening right now across the West.

Tom Brandt / Flickr - tinyurl.com/y86h3hza

A six-year-long decline in the number of homeless people in the U.S. reversed in 2017, according to a new report from the U.S. Department of Housing and Urban Development.The report said that was largely because of rising homeless populations on the West Coast.

Kevin Mooney / Northwest News Network

Seattle is at the top of the list of major U.S. cities that are seeing the highest increases in home prices. That’s according to the real estate firm Zillow, which released a new report Wednesday.

Williamborg / Wikimedia - tinyurl.com/y9geafwv

The Spokane City Council will consider an ordinance Monday, that would make it easier for anyone with a criminal record to be hired.

Washington Employment Security Department

The statewide unemployment rate in Washington again touched a record low of 4.5 percent in October. That's according to the Washington Employment Security Department, which has been tracking the number since the mid-1970s.

Cory Sharp / HempLogic

A saga involving a Pacific Northwest hemp fashion company in search of a bank has been resolved, but points to the murky legal landscape facing some cannabis-related businesses.

After two rescinded business accounts and a bank's change of heart, hemp clothing and accessories retailer Rawganique is back where it started.

Rawganique

This story has been updated.

Since recreational marijuana became legal in Washington state and Oregon, the booming industry has been having having trouble accessing the banking system. And now a hemp fashion retailer in Blaine, Washington, is having the same problem.

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