Building permits, Jan. 23-27

Filed on 10. Feb, 2017 in Data, Market Indicators

Includes commercial building activity in Bellingham with an estimated valuation listed at $10,000 or more. Records are obtained from the City of Bellingham’s Permit Center. Applied 1200 Birchwood Ave., $100,000 for Avamere Health Services. Contractor: Structural Dynamics LLC. Permit no.: BLD2017-0042. Jan. 17. 913 Squalicum Way, $4,010,764.44 for Squalicum Lofts – new two-story comm building. [...]

Whatcom County per capita income grew 3.2 percent in 2014

Filed on 08. Dec, 2015 in Business Briefs, Market Indicators

After hardly budging in 2013, per capita income in Whatcom County grew 3.2 percent in 2014, according to new estimates from the Bureau of Economic Analysis. In Whatcom County, per capita personal income was $40,840 last year, up from 39,572 in 2013 and $39,507 in 2012, according to new county-level income estimates from the Bureau [...]

Unemployment rate down in October, but it doesn’t reflect recent layoffs

Filed on 30. Nov, 2015 in Business Briefs, Data, Market Indicators

Unemployment rate down in October, but it doesn’t reflect recent layoffs

Whatcom County’s unemployment rate dropped from 5.4 percent in September to an estimated 5.2 percent in October, according to the latest date from the state Employment Security Department. That’s the county’s lowest unemployment rate since 2008, but it doesn’t reflect the nearly 600 layoffs that CH2M Hill and Alcoa Intalco Works announced in the last [...]

Border traffic update: September traffic down 27 percent

Filed on 28. Oct, 2015 in Data, Market Indicators, News

Border traffic update: September traffic down 27 percent

In September, 982,249 passengers crossed southbound into Whatcom County, according to data from Western Washington University’s Border Policy Research Institute. That’s a 27.38 percent decrease from September 2014, when 1,352,286 people crossed southbound into Whatcom County. So far, border traffic numbers in every month this year have lagged behind 2014′s numbers. The drop in visitors [...]

County unemployment rate down to 5.4 percent

Filed on 20. Oct, 2015 in Business Briefs, Data, Market Indicators, News

County unemployment rate down to 5.4 percent

Whatcom County’s unemployment rate dropped from 5.7 percent in August to to 5.4 percent in September, according to the newest monthly report from the state Employment Security Department. Most of the new jobs were in construction, according to the report. Whatcom County had a 5.4 percent unemployment rate this April but the rate rose throughout [...]

Foreclosures, late mortgages dropped in June

Filed on 08. Sep, 2015 in Business Briefs, Data, Market Indicators

Foreclosure rates in Bellingham decreased in June over the same period last year, according to newly released data from CoreLogic. The rate of Bellingham area foreclosures among outstanding mortgage loans was 0.69 percent for June 2015, a decrease of 0.34 percentage points compared with June 2014 when the rate was 1.03 percent, the data shows. [...]

Airport traffic falls 30 percent, as forecast

Filed on 04. Aug, 2015 in Contents, Market Indicators, News

Airport traffic falls 30 percent, as forecast

The number of people flying out of Bellingham in June 2015 dropped by 30 percent compared to June 2014, but the drop is in line with what airport officials expected and should be temporary. In short, fewer people are flying from Bellingham because there are fewer flights and seats available. Starting this summer, Frontier Airlines [...]

Foreclosures and delinquencies decrease in May

Filed on 29. Jul, 2015 in Data, Market Indicators

Foreclosures and delinquencies decrease in May

Mortgage foreclosure and delinquency rates in Bellingham decreased in May, according to new data from CoreLogic. Bellingham area foreclosures among outstanding mortgage loans was 0.69 percent for May 2015, a decrease of 0.38 percentage points from May 2014 when the rate was 1.07 percent. Foreclosure activity in Bellingham was lower than the national foreclosure rate, [...]

Bellingham foreclosure rate still trending down

Filed on 25. Jun, 2015 in Business Briefs, Data, Market Indicators

Bellingham foreclosure rate still trending down

Foreclosure and delinquency rates in Bellingham were still dropping as of April 2015, according to new data from CoreLogic, a firm that collects and analyzes real estate data. The rate of Bellingham-area foreclosures among outstanding mortgage loans was 0.70 percent for April 2015, a decrease of 0.34 percentage points compared with April 2014 when the [...]

State average annual wage grew by 4.2 percent last year

Filed on 24. Jun, 2015 in Business Briefs, Market Indicators, News

It may not be growing as fast as Whatcom County home prices, but Washington’s annual average wage grew by 4.2 percent in 2014 — the biggest percentage change since 2007, according to the state Employment Security Department. The state’s annual average wage increased to $54,829, and the average weekly wage went from $1,012 in 2013 [...]

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IFRoZSBKb3VybmFsPC9saT48L3VsPg==