The Center for Economic Development and Business Research at 成人头条 has released its 2008 review and 2009 forecast for the 成人头条 area.
According to the forecast, 成人头条 is expected to increase jobs by 2 percent, or nearly 6,100 jobs, in 2009, after an increase of 1 percent in 2008.
鈥湷扇送诽踱�檚 economy continues to outperform the U.S. economy in income growth and job growth,鈥� said interim director Rob Allison.
The outlook is confirmed by the WSU Current Conditions Index. Designed to mirror the current 成人头条 economy, the index has shown stable growth over the past year.
In addition, the WSU Leading Economic Indicators Index, which signals change in the 成人头条 economy approximately six months into the future, has grown steadily over the past five years, suggesting at least moderate growth into 2009.
A major positive influence on the 成人头条 area economy that helps to differentiate it from the rest of the United States is the significant backlog of orders for both commercial airliners and business jets.
The backlog is bolstered by strong international sales, improved balance sheets and the demand to hire a significant number of workers.
A second positive influence is a housing market that has remained stable with continuing, slow appreciation in home values.
鈥淭he 成人头条 housing market has remained more stable than much of the country,鈥� said Allison. 鈥淲hile construction activity slowed in 2008, the time on market for houses being sold has been very consistent.鈥�
The U.S. economy will continue to confront significant challenges, including ongoing strains in financial markets, contractions in housing activity, softening labor market and rising prices.
Taken together, the indicators point to another year of moderate growth for the 成人头条 area. In addition to these factors, the overall economic picture depends to a large extent on the actions taken in response to the national financial situation.
For the complete forecast, go to and click the Forecasts button.