Economy

Follow coverage of the U.S. and global economy, jobs and unemployment; banking; interest rates and other decisions by the Federal Reserve (Fed) and Chair; and economic indicators such as the gross domestic product (GDP), factory orders and durable goods. Other topics include the federal budget deficit and national debt, and local economic columnist Jon Talton.

Seattle area’s economic boom splashes over the Cascades, bringing work and worries

The Maryhill Estates project in East Wenatchee, a 192-home development, is helping to address the area’s housing squeeze, says Jason Gaul, a contractor for developer Sage Homes. (Mike Irwin / Wenatchee World photo)

Explosive growth in “the 206 economy” is reverberating across the mountains in towns like Wenatchee and Chelan, bringing some new jobs but also new concerns as tourists and homebuyers from the wealthier Puget Sound region bid up housing prices and reshape the area’s economy.

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