Economics

Passengers lug their suitcases toward the train under an awning

Cascadia Forges Ahead on High-Speed Rail Despite Headwinds

Leaders from across the Pacific Northwest recently gathered at the Cascadia Innovation Corridor Conference in Seattle and reaffirmed their commitment to building high-speed rail linking Portland, Seattle, and Vancouver, B.C. President Trump has created headwinds for the project by slashing transit funding and slapping tariffs on Canadian imports.
McLaren has its butterfly doors up while a half dozen onlookers in yellow vests take picture or admire the car.

Policy Lab: Tax the Filthy, Stinking Rich

Seattle has a $258 million budget deficit to solve. Mayor Bruce Harrell said he rejects notions of austerity. Good for him! I’m here to help. Let’s chart a way out of this crisis that doesn’t involve slashing services and laying off city workers.

Rinck, Harrell Propose Progressive Business Tax Overhaul to Bolster Seattle Budget

On Wednesday, Seattle Councilmember Alexis Mercedes Rinck unveiled a proposal overhauling the city's Business and Occupation tax that she hopes to put before voters this November – if she can win over her colleagues. Dubbed the Seattle Shield Initiative, it would broaden the exemption for small businesses, but raise taxes on larger businesses.

County May Require Shops to Offer Cash Payment Option to Protect Unbanked Residents

Shops in unincorporated King County may have to accept cash as payment if the King County Council moves forward with a proposal meant to...

Sunday Video: What The Global Skyscraper Boom Really Means

https://youtu.be/ZfYkd6_Kdno Is there any credence to the skyscraper index in forecasting economic downturns? Bloomberg Citylab explores this debated theory.

Interbay Industrial Plans Are Squandering Freight Rail Access

Is Seattle allowing rail to wither on the vine? Northwest of Downtown Seattle, there is a frequently overlooked asset in the fight against climate change....

Sunday Video: How To Better Design Cities To Move Goods

Dave Amos of City Beautiful talks about how cities can move goods faster, more efficiently, and sustainably. Amos highlights some strategies that are being...
Harrell stands at a lectern with the Seattle City Seal and the skyline visible behind him from a midrise rooftop.

Katie Wilson to Inherit Seattle’s Budget Woes

Katie Wilson may have won the mayoral election, but her challenges are just beginning. Outgoing Mayor Bruce Harrell is leaving a budget mess behind him.