Regional Economy Trends

Q3 2007 July Summary : Complete Report

The regional economy grew moderately since the last report. Growth was noted in consumer spending, tourism, services, commercial construction real estate, manufacturing, energy and agriculture. Residential construction and real estate activity decreased and mining was flat. Labor market conditions tightened, and overall wage increases were moderate. Price changes were generally modest, except for significant increases in gasoline and copper and decreases in lumber.

Q2 2007 June Summary : Complete Report

The regional economy edged up since the last report. Growth was noted in consumer spending, tourism, commercial real estate and construction, services, manufacturing, energy and agriculture. Residential construction and real estate activity decreased, and mining was flat. Labor market conditions were mixed, and overall wage increases were moderate. Significant price increases were noted for gasoline and copper.

Q2 2007 April Summary : Complete Report

Economic activity in the region increased slightly since the last report. Growth was noted in consumer spending, manufacturing, agriculture and commercial real estate and construction. Meanwhile, tourism, energy and residential real estate and construction activity decreased, and mining was flat. Labor markets remained relatively tight in a number of areas, but overall wage increases were moderate. Overall price pressures were modest as some price increases for materials and energy continued to moderate.

Q1 2007 March Summary : Complete Report

The regional economy grew firmly since the last report. Growth was noted in consumer spending, services, tourism, manufacturing, energy, agriculture and construction and commercial real estate. Residential construction and real estate activity decreased, and mining was flat. Labor market conditions gradually continued to tighten in a number of areas, and overall wage increases were moderate. Significant increases were noted in fuel and freight prices, while lumber prices were down from a year ago.

Q1 2007 January Summary : Complete Report

Economic activity in the region increased slightly since the last report. Increases were noted in consumer spending, manufacturing, energy, and mining. Meanwhile, tourism, agriculture, and residential real estate and construction activity decreased. Labor markets continued to show signs of gradual tightening. Overall price increases were modest as a number of energy and materials prices moderated.