Spokane economy next year likely to grow at slower pace, but these are still 'uncertain times' [Yahoo! Finance]
Avista Corporation (AVA)
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Source: Yahoo! Finance
It was part of their message that positive economic growth is expected next year, but at a slower pace than this year. There are a few trouble spots in the region: the continued high cost of housing and soaring costs for insurance. And they warned that if the Trump Administration places high tariffs on imported goods, the Northwest's economy would be affected. The economic forecast expects lending interest rates to decline some, perhaps not as fast as financial markets predict. Mortgage rates likely will stay between 6% and 7%. "Embracing Growth in Uncertain Times" was the title of the annual economic forecast breakfast at the Spokane Convention Center, organized by Greater Spokane Inc. and the Spokane Journal of Business. While the U.S. economy looks solid based on Gross Domestic Product or unemployment rates, "if you are the everyday American, the small business or business that is struggling with inflation, the economy is bad," said Vange Hochheimer, Whitworth University ec
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