Pierce County Economic Index 2009
by Glynnis Kirchmeier
Every year Dr. Douglas Goodman and Dr. Bruce Mann, two economists from the University of Puget Sound, review and forecast the Pierce County economy. The Pierce County Economic Index (PCEI) is organized by the Tacoma-Pierce County Chamber of Commerce and several local organizations.
Obviously the forecast for 2009 is comparatively pessimistic, since the U.S. economy has been in a recession since December 2007. However, it is worth noting that the Pierce County economy did not begin to show signs of recession until mid-2008, and it is predicted to improve by the third quarter of 2009, along with the rest of the nation.
Here’s the unedited presentation by Goodman and Mann:
image credit http://flickr.com/photos/wonderlane/
