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Economy News in Lynnwood, WA

Stay informed about economy news and updates in Lynnwood, WA.

Economic Alliance Snohomish County hosting 2025 Economic Forecast Coffee Chat

The Economic Alliance Snohomish County is set to host the 2025 Economic Forecast Coffee Chat on February 14, 2025, featuring expert insights from notable speakers including representatives from the Federal Reserve Bank of San Francisco and Western Washington University. This event promises to address key economic trends and employment forecasts, making it highly relevant for local businesses and community stakeholders in Snohomish, Washington.

Mortgage rate uncertainty drives real estate shifts across WA

High mortgage rates are reshaping the Washington State real estate market, as reported by the Northwest Multiple Listing Service (NWMLS). October data revealed a significant increase in active listings and closed sales, indicating a shift in buyer and seller behavior amidst ongoing mortgage rate uncertainty.

Young Washington voters say cost of living is their top concern - Lynnwood Today

Young voters in Washington have identified the rising cost of living as their primary concern, significantly influencing their electoral choices for the upcoming gubernatorial election. This demographic's focus reflects broader economic anxieties shared across various age groups, emphasizing the importance of economic issues in shaping political preferences.

Commercial salmon fishers struggle with low prices - Lynnwood Today

Commercial salmon fishers are facing significant challenges in 2024 due to low prices, which have resulted from various economic factors. The Alaska seafood industry reportedly suffered a $1.8 billion loss last year, affecting not only local fishers but also related industries across multiple states.

Washington is sitting on $2.2B in unclaimed property - some could be yours - Lynnwood Today

Washington state holds an impressive $2.2 billion in unclaimed property, which may include funds belonging to residents and businesses alike. This article highlights the potential for individuals to reclaim lost assets such as security deposits and uncashed paychecks. With a focus on local financial literacy, this information encourages residents to investigate whether they may be entitled to these unclaimed funds.

Washington’s minimum wage going up to $16.66 per hour in 2025 - Lynnwood Today

Washington's minimum wage is set to increase to $16.66 per hour in 2025, marking a 2.35% rise from the previous year. The Washington State Department of Labor & Industries announced this increase, which is expected to impact workers across the state.

Heard of the Working Families Tax Credit? Neither have many local families | HeraldNet.com

Anila Gill, a Lynnwood resident, highlights the financial struggles faced by families due to rising costs in rent and gas. She advocates for the Working Families Tax Credit, which offers significant refunds to eligible taxpayers in Washington state, urging more families to take advantage of this opportunity for financial relief.

Lynnwood woman who forgot about Hit 5 ticket ends up winning $135K

A Lynnwood woman, M.B., won $135,000 from a forgotten Hit 5 lottery ticket. After discovering her win, she paid off her debts, achieving financial freedom. Washington's Lottery reminds players to check their tickets regularly, as prizes must be claimed within 180 days.