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    <podcast:trailer pubdate="Tue, 21 Apr 2020 00:00:00 -0700" url="https://media.transistor.fm/e0abb49e/5ff90e8c.mp3" length="547127" type="audio/mpeg">Episode 3: Its a Parade!</podcast:trailer>
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    <pubDate>Fri, 17 Apr 2026 16:20:14 -0700</pubDate>
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      <title>After Office Hours with Puget Sound Economic Forecaster</title>
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    <itunes:summary>Additional Economic Insights beyond the Newsletter.</itunes:summary>
    <itunes:subtitle>Additional Economic Insights beyond the Newsletter..</itunes:subtitle>
    <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
    <itunes:owner>
      <itunes:name>James McCafferty</itunes:name>
    </itunes:owner>
    <itunes:complete>No</itunes:complete>
    <itunes:explicit>No</itunes:explicit>
    <item>
      <title>Episode 27 - Raspberries and Coachella</title>
      <itunes:episode>27</itunes:episode>
      <podcast:episode>27</podcast:episode>
      <itunes:title>Episode 27 - Raspberries and Coachella</itunes:title>
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        <![CDATA[<p>The team discusses the troubles with forecasting in uncertain times and state of the economy in the region and nationally.  Touching on topics such as retail sales, labor marketing and housing.</p><p><strong>Creators &amp; Guests</strong>
</p><ul>
  <li><a href="https://podcast.economicforecaster.com/people/fouzia-awan">Fouzia Awan</a> - Guest</li>
  <li><a href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</a> - Host</li>
  <li><a href="https://podcast.economicforecaster.com/people/james-mark-gbeda">James Mark Gbeda</a> - Guest</li>
  <li><a href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</a> - Host</li>
  <li><a href="https://podcast.economicforecaster.com/people/mck-mollner">McK Mollner</a> - Guest</li>
</ul>]]>
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        <![CDATA[<p>The team discusses the troubles with forecasting in uncertain times and state of the economy in the region and nationally.  Touching on topics such as retail sales, labor marketing and housing.</p><p><strong>Creators &amp; Guests</strong>
</p><ul>
  <li><a href="https://podcast.economicforecaster.com/people/fouzia-awan">Fouzia Awan</a> - Guest</li>
  <li><a href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</a> - Host</li>
  <li><a href="https://podcast.economicforecaster.com/people/james-mark-gbeda">James Mark Gbeda</a> - Guest</li>
  <li><a href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</a> - Host</li>
  <li><a href="https://podcast.economicforecaster.com/people/mck-mollner">McK Mollner</a> - Guest</li>
</ul>]]>
      </content:encoded>
      <pubDate>Fri, 17 Apr 2026 16:09:08 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/abedcd48/31f98a4a.mp3" length="34334481" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
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      <itunes:duration>2143</itunes:duration>
      <itunes:summary>
        <![CDATA[<p>The team discusses the troubles with forecasting in uncertain times and state of the economy in the region and nationally.  Touching on topics such as retail sales, labor marketing and housing.</p><p><strong>Creators &amp; Guests</strong>
</p><ul>
  <li><a href="https://podcast.economicforecaster.com/people/fouzia-awan">Fouzia Awan</a> - Guest</li>
  <li><a href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</a> - Host</li>
  <li><a href="https://podcast.economicforecaster.com/people/james-mark-gbeda">James Mark Gbeda</a> - Guest</li>
  <li><a href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</a> - Host</li>
  <li><a href="https://podcast.economicforecaster.com/people/mck-mollner">McK Mollner</a> - Guest</li>
</ul>]]>
      </itunes:summary>
      <itunes:keywords>tariffs, housing market, stock market, national economy, forecasting, retail sales, puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/fouzia-awan">Fouzia Awan</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/james-mark-gbeda">James Mark Gbeda</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/mck-mollner">McK Mollner</podcast:person>
    </item>
    <item>
      <title>Episode 26 - It's Not Policy, it is a Social Media Post</title>
      <itunes:episode>26</itunes:episode>
      <podcast:episode>26</podcast:episode>
      <itunes:title>Episode 26 - It's Not Policy, it is a Social Media Post</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <description>
        <![CDATA[<p>We rang in the new year in Seattle much like we are bringing you this podcast – with a lot of fog obscuring the show. If you think weather forecasts are unreliable, try predicting the economy with incomplete data, revised later, using assumptions that stop holding the moment you publish. But at least weather forecasters and economists have one thing in common: if their predictions were consistently right, no one would listen to them anymore.</p><p>Here we sit on January 13, 2026 hitting record for another in-depth economic discussion. A word of caution in what has become a quickly evolving economic climate – check your watch and your calendar as we talk – it is highly probable that things have shifted.</p><p>We published our latest regional report about a month ago. Honestly it felt like a published with dark sunglasses and one hand tied behind our backs as large slices of federal data were not available and they just started to appear last week. We took a narrative approach in our report – a nearly numerical free edition.</p><p>Topics Discussed today:<br>- Government shutdown effect on government data<br>- Private Data sources<br>- Q4 Retail Sales and expected Q1 numbers<br>- Housing and Construction data and impact of non-policy on the forecast<br>- Trade Deficit and Tariffs</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>We rang in the new year in Seattle much like we are bringing you this podcast – with a lot of fog obscuring the show. If you think weather forecasts are unreliable, try predicting the economy with incomplete data, revised later, using assumptions that stop holding the moment you publish. But at least weather forecasters and economists have one thing in common: if their predictions were consistently right, no one would listen to them anymore.</p><p>Here we sit on January 13, 2026 hitting record for another in-depth economic discussion. A word of caution in what has become a quickly evolving economic climate – check your watch and your calendar as we talk – it is highly probable that things have shifted.</p><p>We published our latest regional report about a month ago. Honestly it felt like a published with dark sunglasses and one hand tied behind our backs as large slices of federal data were not available and they just started to appear last week. We took a narrative approach in our report – a nearly numerical free edition.</p><p>Topics Discussed today:<br>- Government shutdown effect on government data<br>- Private Data sources<br>- Q4 Retail Sales and expected Q1 numbers<br>- Housing and Construction data and impact of non-policy on the forecast<br>- Trade Deficit and Tariffs</p>]]>
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      <pubDate>Fri, 16 Jan 2026 23:26:16 -0800</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/982cd6a5/1eb8265a.mp3" length="31356085" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
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      <itunes:duration>1957</itunes:duration>
      <itunes:summary>
        <![CDATA[<p>We rang in the new year in Seattle much like we are bringing you this podcast – with a lot of fog obscuring the show. If you think weather forecasts are unreliable, try predicting the economy with incomplete data, revised later, using assumptions that stop holding the moment you publish. But at least weather forecasters and economists have one thing in common: if their predictions were consistently right, no one would listen to them anymore.</p><p>Here we sit on January 13, 2026 hitting record for another in-depth economic discussion. A word of caution in what has become a quickly evolving economic climate – check your watch and your calendar as we talk – it is highly probable that things have shifted.</p><p>We published our latest regional report about a month ago. Honestly it felt like a published with dark sunglasses and one hand tied behind our backs as large slices of federal data were not available and they just started to appear last week. We took a narrative approach in our report – a nearly numerical free edition.</p><p>Topics Discussed today:<br>- Government shutdown effect on government data<br>- Private Data sources<br>- Q4 Retail Sales and expected Q1 numbers<br>- Housing and Construction data and impact of non-policy on the forecast<br>- Trade Deficit and Tariffs</p>]]>
      </itunes:summary>
      <itunes:keywords>mortage rates, fanny and freddie, puget sound economy, pacific northwest economy, tariffs, economic policy, institutional ownership, trade deficit </itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/james-mark-gbeda">James Mark Gbeda</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/mck-mollner">McK Mollner</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/fouzia-awan">Fouzia Awan</podcast:person>
    </item>
    <item>
      <title>Episode 25 - Push it Until it Breaks</title>
      <itunes:episode>25</itunes:episode>
      <podcast:episode>25</podcast:episode>
      <itunes:title>Episode 25 - Push it Until it Breaks</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <link>https://share.transistor.fm/s/ccb1741c</link>
      <description>
        <![CDATA[<p>The team covers myriad hot topics, including the impact of the government shut down on economic statistics, the impact of AI on the job market and the economy, how tariffs are or are not impacting consumers and how all of this impacts the Puget Sound economy.</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>The team covers myriad hot topics, including the impact of the government shut down on economic statistics, the impact of AI on the job market and the economy, how tariffs are or are not impacting consumers and how all of this impacts the Puget Sound economy.</p>]]>
      </content:encoded>
      <pubDate>Sat, 18 Oct 2025 19:25:42 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/ccb1741c/daf8eded.mp3" length="26816187" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/wi1COSI8DdwPAWn9qjge-WFKubYKK7Mq4nMnpncrzCY/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8yZTA5/OWIzOGVjMmViZjEy/NzFmNGZmMWUxN2M3/ZjEyMS5qcGc.jpg"/>
      <itunes:duration>1673</itunes:duration>
      <itunes:summary>
        <![CDATA[<p>The team covers myriad hot topics, including the impact of the government shut down on economic statistics, the impact of AI on the job market and the economy, how tariffs are or are not impacting consumers and how all of this impacts the Puget Sound economy.</p>]]>
      </itunes:summary>
      <itunes:keywords>tariffs, government shut down, Trump, statistics, data, economic data, data sources, puget sound economy, construction data, commercial data, commerce</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/fouzia-awan">Fouzia Awan</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/james-mark-gbeda">James Mark Gbeda</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/mck-mollner">McK Mollner</podcast:person>
    </item>
    <item>
      <title>Episode 24: The Positive Outlook</title>
      <itunes:episode>24</itunes:episode>
      <podcast:episode>24</podcast:episode>
      <itunes:title>Episode 24: The Positive Outlook</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <link>https://share.transistor.fm/s/be75a082</link>
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        <![CDATA[]]>
      </description>
      <content:encoded>
        <![CDATA[]]>
      </content:encoded>
      <pubDate>Thu, 24 Jul 2025 23:17:14 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/be75a082/11415285.mp3" length="26058925" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
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      <itunes:duration>1626</itunes:duration>
      <itunes:summary>
        <![CDATA[]]>
      </itunes:summary>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
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      <title>Episode 23: The Curious Case of the Converging Goals of Tariffs</title>
      <itunes:episode>23</itunes:episode>
      <podcast:episode>23</podcast:episode>
      <itunes:title>Episode 23: The Curious Case of the Converging Goals of Tariffs</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <link>https://share.transistor.fm/s/72d770e4</link>
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        <![CDATA[<br>]]>
      </description>
      <content:encoded>
        <![CDATA[<br>]]>
      </content:encoded>
      <pubDate>Mon, 21 Apr 2025 14:57:21 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/72d770e4/9777f077.mp3" length="42486999" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/1EejiZVU76yDh0SeVZjIxYBnlrEhagYR10MZCmZFCuc/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS81NjZh/ODU5NzhkMGQ5NDIw/NmVjOGU0NWYxNGFl/Y2JiYy5qcGc.jpg"/>
      <itunes:duration>2653</itunes:duration>
      <itunes:summary>
        <![CDATA[<br>]]>
      </itunes:summary>
      <itunes:keywords>tariffs</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/james-mark-gbeda">James Mark Gbeda</podcast:person>
    </item>
    <item>
      <title>Episode 22: Game of (Credible) Threats</title>
      <itunes:episode>22</itunes:episode>
      <podcast:episode>22</podcast:episode>
      <itunes:title>Episode 22: Game of (Credible) Threats</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <description>
        <![CDATA[<p>The team explores game theory and how it relates to recent economic news.  </p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>The team explores game theory and how it relates to recent economic news.  </p>]]>
      </content:encoded>
      <pubDate>Wed, 15 Jan 2025 00:10:40 -0800</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/7d39e610/b3fb106c.mp3" length="35830756" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/31zmD8gB06KA-s_T_RNLJjPYgy187Omw9JtcbWIz7r8/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82YWE4/ZGYyNDY4YmFiNDk1/ZjE1YjA4ZjRhMDUx/M2Q1ZS5qcGc.jpg"/>
      <itunes:duration>2237</itunes:duration>
      <itunes:summary>
        <![CDATA[<p>The team explores game theory and how it relates to recent economic news.  </p>]]>
      </itunes:summary>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/fouzia-awan">Fouzia Awan</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/james-mark-gbeda">James Mark Gbeda</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/mck-mollner">McK Mollner</podcast:person>
    </item>
    <item>
      <title>The one with all of the opinions</title>
      <itunes:episode>21</itunes:episode>
      <podcast:episode>21</podcast:episode>
      <itunes:title>The one with all of the opinions</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <link>https://share.transistor.fm/s/8809dd87</link>
      <description>
        <![CDATA[]]>
      </description>
      <content:encoded>
        <![CDATA[]]>
      </content:encoded>
      <pubDate>Thu, 24 Oct 2024 21:35:58 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/8809dd87/640d435f.mp3" length="46026350" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/5HFS0e0W7RZ_w2L93IHDYiSlP16y842Z7EuyaT_ElFM/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9hNGVl/YjAxMzFhM2VhOWE4/YzA4NDQ0YjM0N2Vl/OWJiZC5qcGc.jpg"/>
      <itunes:duration>2874</itunes:duration>
      <itunes:summary>
        <![CDATA[]]>
      </itunes:summary>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/fouzia-awan">Fouzia Awan</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/james-mark-gbeda">James Mark Gbeda</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/mck-mollner">McK Mollner</podcast:person>
    </item>
    <item>
      <title>Episode 20: It's not the establishment</title>
      <itunes:episode>20</itunes:episode>
      <podcast:episode>20</podcast:episode>
      <itunes:title>Episode 20: It's not the establishment</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <link>https://share.transistor.fm/s/f47673a1</link>
      <description>
        <![CDATA[<p>Hart and James bring in all of the research economists to discuss the latest data around unemployment, construction, rate cuts, water adjudication and what it all means for the Puget Sound economy.  </p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>Hart and James bring in all of the research economists to discuss the latest data around unemployment, construction, rate cuts, water adjudication and what it all means for the Puget Sound economy.  </p>]]>
      </content:encoded>
      <pubDate>Wed, 17 Jul 2024 12:10:46 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
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      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/LEnhOc0hmWpwA7SULy3a2ewdFqMYm4yH6Tu1xbvJqgg/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zNDJk/ZTc2ZWJmOGU0MzZm/MTY5NTU0NzExNGYx/NDJhNC5qcGc.jpg"/>
      <itunes:duration>1928</itunes:duration>
      <itunes:summary>
        <![CDATA[<p>Hart and James bring in all of the research economists to discuss the latest data around unemployment, construction, rate cuts, water adjudication and what it all means for the Puget Sound economy.  </p>]]>
      </itunes:summary>
      <itunes:keywords>unemployment, water rights, rate cuts, Puget Sound economy, stock market</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/james-mark-gbeda">James Mark Gbeda</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/mck-mollner">McK Mollner</podcast:person>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/fouzia-awan">Fouzia Awan</podcast:person>
    </item>
    <item>
      <title>Episode 19: Living in the Riviera - of the PNW</title>
      <itunes:episode>19</itunes:episode>
      <podcast:episode>19</podcast:episode>
      <itunes:title>Episode 19: Living in the Riviera - of the PNW</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">68df01df-0323-403d-83c3-7842f483347f</guid>
      <link>https://share.transistor.fm/s/9066e8c9</link>
      <description>
        <![CDATA[]]>
      </description>
      <content:encoded>
        <![CDATA[]]>
      </content:encoded>
      <pubDate>Fri, 19 Apr 2024 14:08:53 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/9066e8c9/f799184d.mp3" length="39258267" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/ZIsWIJQD_eaVyHDRhBzNrOqMCojMO2o7P64v7GapaZQ/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS84ZjU0/MmY4ZjllYTNiMjE2/MGM4NDE0M2NiN2Jl/MzlhMC5qcGc.jpg"/>
      <itunes:duration>2451</itunes:duration>
      <itunes:summary>
        <![CDATA[]]>
      </itunes:summary>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/james-mark-gbeda">James Mark Gbeda</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Episode 18: New Year, Same Data?</title>
      <itunes:episode>18</itunes:episode>
      <podcast:episode>18</podcast:episode>
      <itunes:title>Episode 18: New Year, Same Data?</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">2fb83424-2cf9-41c1-bd7e-ab24f793416a</guid>
      <link>https://share.transistor.fm/s/29158c1e</link>
      <description>
        <![CDATA[]]>
      </description>
      <content:encoded>
        <![CDATA[]]>
      </content:encoded>
      <pubDate>Mon, 22 Jan 2024 23:14:28 -0800</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/29158c1e/18420579.mp3" length="25456760" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/AA8W52jm7GUzFEIEixiLpWVsklwEGyq2k2hx9Iglz6w/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzE3MDA0MjAv/MTcwNTk5NDA2OC1h/cnR3b3JrLmpwZw.jpg"/>
      <itunes:duration>1589</itunes:duration>
      <itunes:summary>
        <![CDATA[]]>
      </itunes:summary>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Guest" href="https://podcast.economicforecaster.com/people/james-mark-gbeda">James Mark Gbeda</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Episode 17: A (Taylor) Swift Effect</title>
      <itunes:episode>17</itunes:episode>
      <podcast:episode>17</podcast:episode>
      <itunes:title>Episode 17: A (Taylor) Swift Effect</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <link>https://share.transistor.fm/s/55f4654e</link>
      <description>
        <![CDATA[<p>The team gets together to chat about the current forecast.  Are interest rates coming down? Inflation rates?</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>The team gets together to chat about the current forecast.  Are interest rates coming down? Inflation rates?</p>]]>
      </content:encoded>
      <pubDate>Mon, 16 Oct 2023 09:25:21 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/55f4654e/89b0614a.mp3" length="39514173" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/p5ljquvUmpVRTaMJsfpDcb2RUo5JCEaz_sM4HnllHKc/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzE1NDgyODUv/MTY5NzQ3MzUyMS1h/cnR3b3JrLmpwZw.jpg"/>
      <itunes:duration>1645</itunes:duration>
      <itunes:summary>
        <![CDATA[<p>The team gets together to chat about the current forecast.  Are interest rates coming down? Inflation rates?</p>]]>
      </itunes:summary>
      <itunes:keywords>taylor swift, local economy, return to work, commercial real estate, residential real estate, construction permits, the fed, federal reserve, interest rates</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Episode 16: Summertime Data Funtime</title>
      <itunes:episode>16</itunes:episode>
      <podcast:episode>16</podcast:episode>
      <itunes:title>Episode 16: Summertime Data Funtime</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <link>https://share.transistor.fm/s/1d8bf05e</link>
      <description>
        <![CDATA[<p>Grab your Coffee and Popcorn (it will make some sense later) and listen in on what the team has to say in this glorious summer of 2023.</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>Grab your Coffee and Popcorn (it will make some sense later) and listen in on what the team has to say in this glorious summer of 2023.</p>]]>
      </content:encoded>
      <pubDate>Sat, 22 Jul 2023 10:47:55 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/1d8bf05e/b81c00e7.mp3" length="45054891" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/WNdkdXxkZBYldkrYq6sjzFjUtu20FvtjHhvRiURLy6Q/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzE0Mjg2Nzcv/MTY5MDA0ODA3NS1h/cnR3b3JrLmpwZw.jpg"/>
      <itunes:duration>1876</itunes:duration>
      <itunes:summary>
        <![CDATA[<p>Grab your Coffee and Popcorn (it will make some sense later) and listen in on what the team has to say in this glorious summer of 2023.</p>]]>
      </itunes:summary>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Episode 15: A Hundred Acre Wood full of Eeyores?</title>
      <itunes:episode>15</itunes:episode>
      <podcast:episode>15</podcast:episode>
      <itunes:title>Episode 15: A Hundred Acre Wood full of Eeyores?</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <link>https://share.transistor.fm/s/3dd11450</link>
      <description>
        <![CDATA[<p>Spring has sprung in our region – from Tulips in the Skagit Valley to a fresh dusting of pollen just about everywhere else.  There is always such a rush of optimism when the cold dark days of winter in the Pacific Northwest yield to the random weather days of Spring – will it be sunny, warm, cold, rainy, windy or some other adjective?  All we can say is our colleagues in meteorology truly help improve the perception of accuracy for Economists.</p><p> </p><p>You have found yourself another edition of After Office Hours with the Puget Sound Economic Forecaster.  It is here that you will find an ongoing conversation about our Puget Sound regional economy.  We record this podcast about one month after posting our quarterly forecast and report as a way to expand on the report but also engage you in some of the same discussions we have every day in our office.</p><p> <br>The team came together on April 12, 2023. The group on deck for this economic dive is…</p><p> </p><p>Dr. Hart Hodges an economics professor at Western Washington University.  Hart writes the regional forecast article and will occasionally contribute other articles based on the topics.  Hart and I both co-direct the Center for Economic and Business Research at Western.</p><p> </p><p>Bethany King is our Research Economist and works with the switches and dials of many of our models while providing a wide array of insights into the forecasts.  Bethany writes many of the articles each quarter as well as the monthly updates for our digital subscribers.</p><p> </p><p>Cam MacKenzie rounds out the talent portion of the show today.  Cam is our Research Designer and contributes to the Forecaster with a variety of articles and the retail section.</p><p> </p><p>James McCafferty, James serves as the general manager and publisher for the report.  </p><p>One of the most intriguing aspects of this work is considering the shifting landscape ahead and the many, well too many most of the time, aspects that could dramatically impact the forecasting work.  Influences from the international, national, regional, public sector, private sector <br>and the fantasy sector of social media all seem to be moving in different directions all at the same time.</p><p>The team goes over the following topics - referencing articles.</p><p><strong>Residential Real Estate<br></strong>There has been a lot of media ink spilled these past few weeks related to real estate.  Bethany covers what going on with residential real estate, what is happening nationally and how does it connect locally. Zillow and Moody’s (<a href="https://buff.ly/3nYBgNt">https://buff.ly/3nYBgNt</a>) have drawn very different opinions on what the national market is doing</p><p><strong> Commercial Real Estate</strong></p><p>Hart, discusses reports that the commercial real estate sector has signs of sluggishness (<a href="https://buff.ly/3o194t0">https://buff.ly/3o194t0</a>) and provides his take on the local market and what might influence a shift in current conditions.</p><p> <strong>Consumers</strong></p><p>Cam covers the WSJ article posted recently declaring "the must have economy is in decline" as consumers are reining in their spending (<a href="https://buff.ly/3mmSKm4">https://buff.ly/3mmSKm4</a>).  Cam reports on consumer confidence and consumer activity,</p><p><strong>GDP</strong></p><p>Hart has an opinion on the Atlanta Fed downgraded in their GDPNow forecast again. Now for 3 or 4 weeks in a row with it now reporting 1.5%. (<a href="https://buff.ly/3AuIjQb">https://buff.ly/3AuIjQb</a>)  We are hearing very conflicting talking points on this front…  from a recession is eminent to never and that rate cuts are eminent or several years off.  This seems like people hanging their hat on one metric in a complex world – Hart states if this is correct or not.</p><p><br><strong>Manufacturing</strong></p><p>Bethany discussed investment in manufacturing and talks about what is underneath that investment. (<a href="https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Feconomics.cmail20.com%2Ft%2Fd-l-zkikitk-thiyitklly-m%2F&amp;data=05%7C01%7Cmccaffj%40wwu.edu%7Cee9eb4d338954937b54208db39af62bd%7Cdc46140ce26f43efb0ae00f257f478ff%7C0%7C0%7C638167197677673254%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=1Dh2SiIqgLAPIUPZY8woyBvc3fKdkYBsUJetXa%2FURHg%3D&amp;reserved=0">spending related to manufacturing</a>)</p><p><strong>Retail</strong></p><p>Cam add some details to the retail forecast and current conditions.</p><p><strong>Housing and Construction</strong></p><p>Bethany, add some details to the housing and construction forecast.</p><p><strong>On the Other Hand</strong></p><p>Hart adds additional insight to the article he wrote for this last report that focused on the positive aspects of the economy.</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>Spring has sprung in our region – from Tulips in the Skagit Valley to a fresh dusting of pollen just about everywhere else.  There is always such a rush of optimism when the cold dark days of winter in the Pacific Northwest yield to the random weather days of Spring – will it be sunny, warm, cold, rainy, windy or some other adjective?  All we can say is our colleagues in meteorology truly help improve the perception of accuracy for Economists.</p><p> </p><p>You have found yourself another edition of After Office Hours with the Puget Sound Economic Forecaster.  It is here that you will find an ongoing conversation about our Puget Sound regional economy.  We record this podcast about one month after posting our quarterly forecast and report as a way to expand on the report but also engage you in some of the same discussions we have every day in our office.</p><p> <br>The team came together on April 12, 2023. The group on deck for this economic dive is…</p><p> </p><p>Dr. Hart Hodges an economics professor at Western Washington University.  Hart writes the regional forecast article and will occasionally contribute other articles based on the topics.  Hart and I both co-direct the Center for Economic and Business Research at Western.</p><p> </p><p>Bethany King is our Research Economist and works with the switches and dials of many of our models while providing a wide array of insights into the forecasts.  Bethany writes many of the articles each quarter as well as the monthly updates for our digital subscribers.</p><p> </p><p>Cam MacKenzie rounds out the talent portion of the show today.  Cam is our Research Designer and contributes to the Forecaster with a variety of articles and the retail section.</p><p> </p><p>James McCafferty, James serves as the general manager and publisher for the report.  </p><p>One of the most intriguing aspects of this work is considering the shifting landscape ahead and the many, well too many most of the time, aspects that could dramatically impact the forecasting work.  Influences from the international, national, regional, public sector, private sector <br>and the fantasy sector of social media all seem to be moving in different directions all at the same time.</p><p>The team goes over the following topics - referencing articles.</p><p><strong>Residential Real Estate<br></strong>There has been a lot of media ink spilled these past few weeks related to real estate.  Bethany covers what going on with residential real estate, what is happening nationally and how does it connect locally. Zillow and Moody’s (<a href="https://buff.ly/3nYBgNt">https://buff.ly/3nYBgNt</a>) have drawn very different opinions on what the national market is doing</p><p><strong> Commercial Real Estate</strong></p><p>Hart, discusses reports that the commercial real estate sector has signs of sluggishness (<a href="https://buff.ly/3o194t0">https://buff.ly/3o194t0</a>) and provides his take on the local market and what might influence a shift in current conditions.</p><p> <strong>Consumers</strong></p><p>Cam covers the WSJ article posted recently declaring "the must have economy is in decline" as consumers are reining in their spending (<a href="https://buff.ly/3mmSKm4">https://buff.ly/3mmSKm4</a>).  Cam reports on consumer confidence and consumer activity,</p><p><strong>GDP</strong></p><p>Hart has an opinion on the Atlanta Fed downgraded in their GDPNow forecast again. Now for 3 or 4 weeks in a row with it now reporting 1.5%. (<a href="https://buff.ly/3AuIjQb">https://buff.ly/3AuIjQb</a>)  We are hearing very conflicting talking points on this front…  from a recession is eminent to never and that rate cuts are eminent or several years off.  This seems like people hanging their hat on one metric in a complex world – Hart states if this is correct or not.</p><p><br><strong>Manufacturing</strong></p><p>Bethany discussed investment in manufacturing and talks about what is underneath that investment. (<a href="https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Feconomics.cmail20.com%2Ft%2Fd-l-zkikitk-thiyitklly-m%2F&amp;data=05%7C01%7Cmccaffj%40wwu.edu%7Cee9eb4d338954937b54208db39af62bd%7Cdc46140ce26f43efb0ae00f257f478ff%7C0%7C0%7C638167197677673254%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=1Dh2SiIqgLAPIUPZY8woyBvc3fKdkYBsUJetXa%2FURHg%3D&amp;reserved=0">spending related to manufacturing</a>)</p><p><strong>Retail</strong></p><p>Cam add some details to the retail forecast and current conditions.</p><p><strong>Housing and Construction</strong></p><p>Bethany, add some details to the housing and construction forecast.</p><p><strong>On the Other Hand</strong></p><p>Hart adds additional insight to the article he wrote for this last report that focused on the positive aspects of the economy.</p>]]>
      </content:encoded>
      <pubDate>Thu, 13 Apr 2023 15:00:00 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/3dd11450/566f32fe.mp3" length="36541065" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/VjUe7s46piY5_A9npjRawZZG2qpdBb-jLo-1D_Dt4YQ/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzEzMTQwMzYv/MTY4MjgwNzM5Mi1h/cnR3b3JrLmpwZw.jpg"/>
      <itunes:duration>1521</itunes:duration>
      <itunes:summary>
        <![CDATA[<p>Spring has sprung in our region – from Tulips in the Skagit Valley to a fresh dusting of pollen just about everywhere else.  There is always such a rush of optimism when the cold dark days of winter in the Pacific Northwest yield to the random weather days of Spring – will it be sunny, warm, cold, rainy, windy or some other adjective?  All we can say is our colleagues in meteorology truly help improve the perception of accuracy for Economists.</p><p> </p><p>You have found yourself another edition of After Office Hours with the Puget Sound Economic Forecaster.  It is here that you will find an ongoing conversation about our Puget Sound regional economy.  We record this podcast about one month after posting our quarterly forecast and report as a way to expand on the report but also engage you in some of the same discussions we have every day in our office.</p><p> <br>The team came together on April 12, 2023. The group on deck for this economic dive is…</p><p> </p><p>Dr. Hart Hodges an economics professor at Western Washington University.  Hart writes the regional forecast article and will occasionally contribute other articles based on the topics.  Hart and I both co-direct the Center for Economic and Business Research at Western.</p><p> </p><p>Bethany King is our Research Economist and works with the switches and dials of many of our models while providing a wide array of insights into the forecasts.  Bethany writes many of the articles each quarter as well as the monthly updates for our digital subscribers.</p><p> </p><p>Cam MacKenzie rounds out the talent portion of the show today.  Cam is our Research Designer and contributes to the Forecaster with a variety of articles and the retail section.</p><p> </p><p>James McCafferty, James serves as the general manager and publisher for the report.  </p><p>One of the most intriguing aspects of this work is considering the shifting landscape ahead and the many, well too many most of the time, aspects that could dramatically impact the forecasting work.  Influences from the international, national, regional, public sector, private sector <br>and the fantasy sector of social media all seem to be moving in different directions all at the same time.</p><p>The team goes over the following topics - referencing articles.</p><p><strong>Residential Real Estate<br></strong>There has been a lot of media ink spilled these past few weeks related to real estate.  Bethany covers what going on with residential real estate, what is happening nationally and how does it connect locally. Zillow and Moody’s (<a href="https://buff.ly/3nYBgNt">https://buff.ly/3nYBgNt</a>) have drawn very different opinions on what the national market is doing</p><p><strong> Commercial Real Estate</strong></p><p>Hart, discusses reports that the commercial real estate sector has signs of sluggishness (<a href="https://buff.ly/3o194t0">https://buff.ly/3o194t0</a>) and provides his take on the local market and what might influence a shift in current conditions.</p><p> <strong>Consumers</strong></p><p>Cam covers the WSJ article posted recently declaring "the must have economy is in decline" as consumers are reining in their spending (<a href="https://buff.ly/3mmSKm4">https://buff.ly/3mmSKm4</a>).  Cam reports on consumer confidence and consumer activity,</p><p><strong>GDP</strong></p><p>Hart has an opinion on the Atlanta Fed downgraded in their GDPNow forecast again. Now for 3 or 4 weeks in a row with it now reporting 1.5%. (<a href="https://buff.ly/3AuIjQb">https://buff.ly/3AuIjQb</a>)  We are hearing very conflicting talking points on this front…  from a recession is eminent to never and that rate cuts are eminent or several years off.  This seems like people hanging their hat on one metric in a complex world – Hart states if this is correct or not.</p><p><br><strong>Manufacturing</strong></p><p>Bethany discussed investment in manufacturing and talks about what is underneath that investment. (<a href="https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Feconomics.cmail20.com%2Ft%2Fd-l-zkikitk-thiyitklly-m%2F&amp;data=05%7C01%7Cmccaffj%40wwu.edu%7Cee9eb4d338954937b54208db39af62bd%7Cdc46140ce26f43efb0ae00f257f478ff%7C0%7C0%7C638167197677673254%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=1Dh2SiIqgLAPIUPZY8woyBvc3fKdkYBsUJetXa%2FURHg%3D&amp;reserved=0">spending related to manufacturing</a>)</p><p><strong>Retail</strong></p><p>Cam add some details to the retail forecast and current conditions.</p><p><strong>Housing and Construction</strong></p><p>Bethany, add some details to the housing and construction forecast.</p><p><strong>On the Other Hand</strong></p><p>Hart adds additional insight to the article he wrote for this last report that focused on the positive aspects of the economy.</p>]]>
      </itunes:summary>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Episode 14: The PNW Canary in the Coal Mine</title>
      <itunes:episode>14</itunes:episode>
      <podcast:episode>14</podcast:episode>
      <itunes:title>Episode 14: The PNW Canary in the Coal Mine</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <link>https://share.transistor.fm/s/3487c1da</link>
      <description>
        <![CDATA[<p><strong>Creators &amp; Guests</strong>
</p><ul>
  <li><a href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</a> - Host</li>
  <li><a href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</a> - Host</li>
</ul>]]>
      </description>
      <content:encoded>
        <![CDATA[<p><strong>Creators &amp; Guests</strong>
</p><ul>
  <li><a href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</a> - Host</li>
  <li><a href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</a> - Host</li>
</ul>]]>
      </content:encoded>
      <pubDate>Thu, 19 Jan 2023 10:23:37 -0800</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/3487c1da/2efa3eda.mp3" length="25693874" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/R8wuleKz6TQsgfT83PGLYZhRu5wfeq0aQzOT3jXJGL8/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzExNzI2MzAv/MTY3NDE1MjYxNy1h/cnR3b3JrLmpwZw.jpg"/>
      <itunes:duration>1603</itunes:duration>
      <itunes:summary>James, Hart, Bethany and Cam cover all the big topics affection the economy this quarter. Our population numbers are changing in a real way, what will that mean for our economy including workforce participation numbers.  Bethany goes over the very real reasons some young adults are choosing to stay in their parents home while they navigate the early days of their careers. 

In concert with that discussion the team dives into the complex onion that is the effect of immigration on our economy.  Are we ready for the computers and robots to take over? It's not here just yet, but we are seeing some real impacts in job automation.  After all, George Jetson was born last year - so we can't be too far away from our lives with Rosie the Robot! 

The group also covers the impact of current inflation rates on the retail sector.  

The Housing and Construction market is moving along as forecasted - Bethany updates the team on what is going on in that sector. </itunes:summary>
      <itunes:subtitle>James, Hart, Bethany and Cam cover all the big topics affection the economy this quarter. Our population numbers are changing in a real way, what will that mean for our economy including workforce participation numbers.  Bethany goes over the very real re</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Episode 13: My Economy, Your Economy</title>
      <itunes:episode>13</itunes:episode>
      <podcast:episode>13</podcast:episode>
      <itunes:title>Episode 13: My Economy, Your Economy</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">7a04af28-f29e-4217-a781-3cc9af1ed816</guid>
      <link>https://share.transistor.fm/s/0017c660</link>
      <description>
        <![CDATA[<p>The team starts the discussion with what they are currently understanding from the data, also how different outlooks can come from the same data.  Fun with data leads the team to discuss recession and inflation, worldwide, nation wide and right here in our Puget Sound region.  Cam will go over the retail numbers.  Hart and Bethany have insight on the Housing and Commercial real estate markets.  Find our what Hart, DOESN'T want to talk about! It may not be all sunshine and rainbows but it is an honest discourse on what we our seeing in the economic forecast for the Puget Sound region!</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>The team starts the discussion with what they are currently understanding from the data, also how different outlooks can come from the same data.  Fun with data leads the team to discuss recession and inflation, worldwide, nation wide and right here in our Puget Sound region.  Cam will go over the retail numbers.  Hart and Bethany have insight on the Housing and Commercial real estate markets.  Find our what Hart, DOESN'T want to talk about! It may not be all sunshine and rainbows but it is an honest discourse on what we our seeing in the economic forecast for the Puget Sound region!</p>]]>
      </content:encoded>
      <pubDate>Sun, 16 Oct 2022 17:35:48 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/0017c660/fb852514.mp3" length="48114339" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/jk5Uu0pwqmek5ozivn-Fv96lTlf1BczhWnOZJpS60wU/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzEwNjYxMjAv/MTY2NTk2Njk0OC1h/cnR3b3JrLmpwZw.jpg"/>
      <itunes:duration>2003</itunes:duration>
      <itunes:summary>A discussion centered around the current inflation outlook and how many stories can be told from the same data.  The team covers the why and how of the many views that can come from looking at the same data.  Join James, Hart, Bethany and newcomer Cam for a nuanced discussion on our current outlook!</itunes:summary>
      <itunes:subtitle>A discussion centered around the current inflation outlook and how many stories can be told from the same data.  The team covers the why and how of the many views that can come from looking at the same data.  Join James, Hart, Bethany and newcomer Cam for</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Episode 12: That's my number!</title>
      <itunes:episode>12</itunes:episode>
      <podcast:episode>12</podcast:episode>
      <itunes:title>Episode 12: That's my number!</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">b5618e6f-8166-461f-8864-42cb947dd14c</guid>
      <link>https://share.transistor.fm/s/7b30dede</link>
      <description>
        <![CDATA[<p>James, Hart and Bethany get together once again to talk forecasting while faced with a global pandemic, global changes throughout the labor market, supply chain, and massive turmoil within the commodities market, and the introduction of a war.  Main topics of today's discussion are Inflation, Recession, Federal reserve and interest rate adjustments, Labor Market, Consumer Confidence, Retail spend, Construction, different Metrics the team is really looking at and of course, our good friend COVID-19.</p><p>A couple of gems from the podcast:<br>"People can be freaked out about all sorts of things that don't have to do with the economy and it affects the economy." - Bethany King.</p><p>"Who knew that being a vegan would be a hedge against inflation..." - James McCafferty.</p><p>"yeah it (inflation) is 9% but that's the start of the conversation, not the end." - Dr. Hart Hodges.</p><p>Finally Bethany provides a glimpse at what our subscribers will be getting a chance to view with the monthly updates!</p><p><br> </p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>James, Hart and Bethany get together once again to talk forecasting while faced with a global pandemic, global changes throughout the labor market, supply chain, and massive turmoil within the commodities market, and the introduction of a war.  Main topics of today's discussion are Inflation, Recession, Federal reserve and interest rate adjustments, Labor Market, Consumer Confidence, Retail spend, Construction, different Metrics the team is really looking at and of course, our good friend COVID-19.</p><p>A couple of gems from the podcast:<br>"People can be freaked out about all sorts of things that don't have to do with the economy and it affects the economy." - Bethany King.</p><p>"Who knew that being a vegan would be a hedge against inflation..." - James McCafferty.</p><p>"yeah it (inflation) is 9% but that's the start of the conversation, not the end." - Dr. Hart Hodges.</p><p>Finally Bethany provides a glimpse at what our subscribers will be getting a chance to view with the monthly updates!</p><p><br> </p>]]>
      </content:encoded>
      <pubDate>Tue, 26 Jul 2022 08:24:38 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/7b30dede/f458a054.mp3" length="49167979" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/j3rQw_3lMcqN6P_wUShZbOgsxKBMqWqvbhh0xCzBGlU/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzk2MTA3Ny8x/NjU4ODQ5MDc4LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>2046</itunes:duration>
      <itunes:summary>We know that everyone wants to know about inflation - so that's what we are giving you! Inflation numbers and the different metrics we use to try to identify what's really going on in the economy and how people thinking there is going to be a recession, can actually cause a recession.</itunes:summary>
      <itunes:subtitle>We know that everyone wants to know about inflation - so that's what we are giving you! Inflation numbers and the different metrics we use to try to identify what's really going on in the economy and how people thinking there is going to be a recession, c</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
      <podcast:transcript url="https://share.transistor.fm/s/7b30dede/transcript.txt" type="text/plain"/>
    </item>
    <item>
      <title>11: One Month Does Not a Trend Make</title>
      <itunes:episode>11</itunes:episode>
      <podcast:episode>11</podcast:episode>
      <itunes:title>11: One Month Does Not a Trend Make</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">e7ce1091-7973-48f1-aef4-cd8c8c61a35b</guid>
      <link>https://share.transistor.fm/s/4ea9c9fb</link>
      <description>
        <![CDATA[<p>Join James, Hart, Bethany and newcomer Audrey as they discuss the current events of the economic day!  In this episode the team covers the current forecast of Covid impacts, Inflation and recession risk, how supply chain entanglements and what people are spending money on, impacts inflationary pressures. Hart will discuss Fed actions, projections and CPI vs PCE.  The team also covers the impact the war in the Ukraine may have on the local economy.  Which drives a look into how a cultural shift to source locally is adds fuel to the inflation fire.  The topic them moves to housing bubbles and how a clearing of supply chain in construction products coupled with a shifting of commercial space use to residential, will actually help drive higher housing supply.  Employment and the labor market is discussed by the entire team, with Audrey adding her perspective on what it is like for folks just entering the workforce.  Bethany take a moment to discuss the monthly updates, and how things are looking up in the economy.  But remember, one month of good data doesn't equal a trend.</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>Join James, Hart, Bethany and newcomer Audrey as they discuss the current events of the economic day!  In this episode the team covers the current forecast of Covid impacts, Inflation and recession risk, how supply chain entanglements and what people are spending money on, impacts inflationary pressures. Hart will discuss Fed actions, projections and CPI vs PCE.  The team also covers the impact the war in the Ukraine may have on the local economy.  Which drives a look into how a cultural shift to source locally is adds fuel to the inflation fire.  The topic them moves to housing bubbles and how a clearing of supply chain in construction products coupled with a shifting of commercial space use to residential, will actually help drive higher housing supply.  Employment and the labor market is discussed by the entire team, with Audrey adding her perspective on what it is like for folks just entering the workforce.  Bethany take a moment to discuss the monthly updates, and how things are looking up in the economy.  But remember, one month of good data doesn't equal a trend.</p>]]>
      </content:encoded>
      <pubDate>Fri, 15 Apr 2022 11:39:54 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/4ea9c9fb/1ebd0aef.mp3" length="40818258" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/bK2nlKi8Nlk-tPHBS51jn7V5Ec8vhf-bPUeS5qVojCs/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzg2NDc5MS8x/NjUwMDQ3OTk0LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>1699</itunes:duration>
      <itunes:summary>Are we coming out of the COVID-19 Tunnel? The numbers a looking up, but we warn, one month doesn't make a trend. The team covers Inflation, CPI, Ukraine, Supply Chain and Housing Bubbles.</itunes:summary>
      <itunes:subtitle>Are we coming out of the COVID-19 Tunnel? The numbers a looking up, but we warn, one month doesn't make a trend. The team covers Inflation, CPI, Ukraine, Supply Chain and Housing Bubbles.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
      <podcast:transcript url="https://share.transistor.fm/s/4ea9c9fb/transcript.vtt" type="text/vtt" rel="captions"/>
    </item>
    <item>
      <title>Episode 10: Inflation Thoughts for Early 2022</title>
      <itunes:episode>10</itunes:episode>
      <podcast:episode>10</podcast:episode>
      <itunes:title>Episode 10: Inflation Thoughts for Early 2022</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <link>https://share.transistor.fm/s/7509d383</link>
      <description>
        <![CDATA[<p>Covid Impacts - Omicron <br>Inflation concerns<br>Supply Chain updates - Imports are rising what does that mean?<br>Employment - natural rate of unemployment, are wages actually rising?  Discussion of real wages and median wages.<br>How is the Fed Reacting - or not reacting<br>How do the Retail Numbers look?  The Holidays were a little different this year!<br>Housing - shortage continues - how is that impacting the marketing and the housing index? Mortgage rates and housing affordability.<br>What the monthly updates are showing - a decidedly mixed bag.  <br></p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>Covid Impacts - Omicron <br>Inflation concerns<br>Supply Chain updates - Imports are rising what does that mean?<br>Employment - natural rate of unemployment, are wages actually rising?  Discussion of real wages and median wages.<br>How is the Fed Reacting - or not reacting<br>How do the Retail Numbers look?  The Holidays were a little different this year!<br>Housing - shortage continues - how is that impacting the marketing and the housing index? Mortgage rates and housing affordability.<br>What the monthly updates are showing - a decidedly mixed bag.  <br></p>]]>
      </content:encoded>
      <pubDate>Mon, 31 Jan 2022 10:29:24 -0800</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/7509d383/69bf8917.mp3" length="30927315" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/O5FZzR7gLZKca6knWK5ZMwOcnkITm_175S7IqPk6_ww/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzc5MTkxMy8x/NjQzNjUzNzY0LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>1930</itunes:duration>
      <itunes:summary>The team hits all the usual topics with an eye towards the inflation concerns that are popping up everywhere - how much should we be worried by or even pay attention to these articles.</itunes:summary>
      <itunes:subtitle>The team hits all the usual topics with an eye towards the inflation concerns that are popping up everywhere - how much should we be worried by or even pay attention to these articles.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment, inflation</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
      <podcast:transcript url="https://share.transistor.fm/s/7509d383/transcript.srt" type="application/x-subrip" rel="captions"/>
    </item>
    <item>
      <title>Episode 9 - For Pessimists, We Are Pretty Optimistic</title>
      <itunes:episode>9</itunes:episode>
      <podcast:episode>9</podcast:episode>
      <itunes:title>Episode 9 - For Pessimists, We Are Pretty Optimistic</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <link>https://share.transistor.fm/s/a6d9c6ae</link>
      <description>
        <![CDATA[<p>Hello and welcome to After Office Hours with the Puget Sound Economic Forecaster.  This is your home for discussion about the Puget Sound region’s economy.  The economy and what is affecting it continues to be in a high rate.  We are recording this on October 15th for those keeping score – depending on when you are listening there are going to likely be new developments to keep in mind.</p><p> </p><p>We developed this podcast and our social media stream to give you the inside glimpse of what it is like to be sitting in our research center and overhearing all of our side conversations as we track what is going on in the economy.  So please, have a seat, get comfortable but please, no flash photography.</p><p> </p><p>Before diving into current economic thoughts let’s see who is here today.  My name is James McCafferty and I serve as the general manager and publisher for the newsletter along with being cast into the role of host for this podcast.  </p><p> </p><p>Dr. Hart Hodges is an economics professor at Western Washington University.  Hart writes the regional forecast article and will occasionally contribute other articles based on the topics.  Hart and I both co-direct the Center for Economic and Business Research at Western.</p><p> </p><p>Bethany King is our Research Economist and works with the switches and dials of many of our models while providing a wide array of insights into the forecasts.  Bethany writes many of the articles each quarter as well as the monthly updates for our digital subscribers.</p><p> </p><p>Rounding out this panel of super smart people today is Brianna Berkson who has been with our Research Center for many years and is currently completing her MBA here at Western.  </p><p> </p><p>With all of that, grab your beverage and snack of choice and let’s see if we can unpack all that is going on in the economy.</p><p> </p><p>We should once again start with COVID itself.  This week we have learned that Washington state has dropped in new cases across all the age bands which is great news.  We have also heard from our State’s K-12 leaders that families should expect to see schools opening and closing around the state due to case counts but not at a state-wide level.  Amazon took the surprising path of announcing that they would abandon their previously held statement of a return to the office in favor of a hybrid approach as long as employees committed to being in the office if they were needed for in-person activities.</p><p>Outside of Washington case counts are all over the place with Idaho and Montanna being two of the hottest places at the moment leading to Washington State pleading to not over run our hospitals.</p><p>In a nut shell – we are in the end game of a pandemic and the data is still all over the place as to what we should make of it all.</p><p>It appears that the indicators all show us making a gradual decent from pandemic to endemic as we move through the Winter with the largest threats being another variant or a serious flu season.  </p><p>The real action has been in employment news in the weeks since we published the Forecaster.  Bethany, runs down the latest and what it may mean for our next forecast.</p><p>·       3% left jobs in August.  30% are expected to change jobs in the next 12 months so this is not out of the box and we should expect this to become a near normal statistic for awhile</p><p>·       New claims for unemployment last week at lowest level since March 2020</p><p>·       1/3 of unemployed are long-term unemployed</p><p><br></p><p>Hart spends some time talking about inflation covering the latest thinking about inflation concerns and Supply Chain problems and how it impacts thoughts about the forecast.</p><p>Brianna covers the retail numbers.  Start your holiday shopping early! Multiple companies – Costco, Home Depot, Walmart and others – are resorting to private charters to move their inventories and inventories at stores are very low.  Brianna covers how the team at the Forecaster thinks this plays out.</p><p>Bethany covers the Real Estate situation and the impact of a lot of work from home in the chatter.  Is this impacting housing and migration?  Bethany walks us through what is going on and how it may impact our modeling and expectations.</p><p>Hart covers the Market and the start of earnings reporting. We often will explain that the market is not the economy but it is still interesting to have a quick discussion on the market.  Inflation fears are very real for far more people than seems warranted but earnings seem to be up overall and the market continues to move mostly forward.  Hart covers his thoughts on the forward looking aspects of the market.</p><p>Don' forget we create monthly updates which are available to our online subscribers.  Bethany covers what has been included in the most current update.</p><p><br></p><p>We encourage you to follow us on social media to have a front row seat of reading over our shoulders on a daily basis and to learn about other ways to connect with us.</p><p>We will be hosting a special 2 hour webinar on Friday October 29th that you may be interested in featuring a regional outlook and expanded conversations related to supply chain, inflation, the labor market, migration and real estate.  We will be promoting that on our social media stream or contact us for more information!</p><p>You can always reach us via our website cebr.wwu.edu or by email <a href="mailto:cebr@wwu.edu">cebr@wwu.edu</a> with questions, comments or if you are interested in having us speak at an event.</p><p>After Office Hours with the Puget Sound Economic Forecaster is a production of the Center for Economic and Business Research at Western Washington University. </p><p>Thank you to our producer, Jill Poon with <a href="http://kdnc.agency">KDMC</a>. </p><p>To learn more about the topics discussed today, please visit us at <a href="https://nam11.safelinks.protection.outlook.com/?url=http%3A%2F%2Feconomicforecaster.com%2F&amp;data=04%7C01%7Cmccaffj%40wwu.edu%7C2e41847061144eb9f2bf08d8ff667c60%7Cdc46140ce26f43efb0ae00f257f478ff%7C0%7C0%7C637540162923747363%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=HIjrfMBILfHcXsERoKmetdVTHUaaWClw8GA11tUNbeM%3D&amp;reserved=0">economicforecaster.com</a> and subscribe to our quarterly newsletter.  Subscribe to After Office Hours with the Puget Sound Economic Forecaster.</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>Hello and welcome to After Office Hours with the Puget Sound Economic Forecaster.  This is your home for discussion about the Puget Sound region’s economy.  The economy and what is affecting it continues to be in a high rate.  We are recording this on October 15th for those keeping score – depending on when you are listening there are going to likely be new developments to keep in mind.</p><p> </p><p>We developed this podcast and our social media stream to give you the inside glimpse of what it is like to be sitting in our research center and overhearing all of our side conversations as we track what is going on in the economy.  So please, have a seat, get comfortable but please, no flash photography.</p><p> </p><p>Before diving into current economic thoughts let’s see who is here today.  My name is James McCafferty and I serve as the general manager and publisher for the newsletter along with being cast into the role of host for this podcast.  </p><p> </p><p>Dr. Hart Hodges is an economics professor at Western Washington University.  Hart writes the regional forecast article and will occasionally contribute other articles based on the topics.  Hart and I both co-direct the Center for Economic and Business Research at Western.</p><p> </p><p>Bethany King is our Research Economist and works with the switches and dials of many of our models while providing a wide array of insights into the forecasts.  Bethany writes many of the articles each quarter as well as the monthly updates for our digital subscribers.</p><p> </p><p>Rounding out this panel of super smart people today is Brianna Berkson who has been with our Research Center for many years and is currently completing her MBA here at Western.  </p><p> </p><p>With all of that, grab your beverage and snack of choice and let’s see if we can unpack all that is going on in the economy.</p><p> </p><p>We should once again start with COVID itself.  This week we have learned that Washington state has dropped in new cases across all the age bands which is great news.  We have also heard from our State’s K-12 leaders that families should expect to see schools opening and closing around the state due to case counts but not at a state-wide level.  Amazon took the surprising path of announcing that they would abandon their previously held statement of a return to the office in favor of a hybrid approach as long as employees committed to being in the office if they were needed for in-person activities.</p><p>Outside of Washington case counts are all over the place with Idaho and Montanna being two of the hottest places at the moment leading to Washington State pleading to not over run our hospitals.</p><p>In a nut shell – we are in the end game of a pandemic and the data is still all over the place as to what we should make of it all.</p><p>It appears that the indicators all show us making a gradual decent from pandemic to endemic as we move through the Winter with the largest threats being another variant or a serious flu season.  </p><p>The real action has been in employment news in the weeks since we published the Forecaster.  Bethany, runs down the latest and what it may mean for our next forecast.</p><p>·       3% left jobs in August.  30% are expected to change jobs in the next 12 months so this is not out of the box and we should expect this to become a near normal statistic for awhile</p><p>·       New claims for unemployment last week at lowest level since March 2020</p><p>·       1/3 of unemployed are long-term unemployed</p><p><br></p><p>Hart spends some time talking about inflation covering the latest thinking about inflation concerns and Supply Chain problems and how it impacts thoughts about the forecast.</p><p>Brianna covers the retail numbers.  Start your holiday shopping early! Multiple companies – Costco, Home Depot, Walmart and others – are resorting to private charters to move their inventories and inventories at stores are very low.  Brianna covers how the team at the Forecaster thinks this plays out.</p><p>Bethany covers the Real Estate situation and the impact of a lot of work from home in the chatter.  Is this impacting housing and migration?  Bethany walks us through what is going on and how it may impact our modeling and expectations.</p><p>Hart covers the Market and the start of earnings reporting. We often will explain that the market is not the economy but it is still interesting to have a quick discussion on the market.  Inflation fears are very real for far more people than seems warranted but earnings seem to be up overall and the market continues to move mostly forward.  Hart covers his thoughts on the forward looking aspects of the market.</p><p>Don' forget we create monthly updates which are available to our online subscribers.  Bethany covers what has been included in the most current update.</p><p><br></p><p>We encourage you to follow us on social media to have a front row seat of reading over our shoulders on a daily basis and to learn about other ways to connect with us.</p><p>We will be hosting a special 2 hour webinar on Friday October 29th that you may be interested in featuring a regional outlook and expanded conversations related to supply chain, inflation, the labor market, migration and real estate.  We will be promoting that on our social media stream or contact us for more information!</p><p>You can always reach us via our website cebr.wwu.edu or by email <a href="mailto:cebr@wwu.edu">cebr@wwu.edu</a> with questions, comments or if you are interested in having us speak at an event.</p><p>After Office Hours with the Puget Sound Economic Forecaster is a production of the Center for Economic and Business Research at Western Washington University. </p><p>Thank you to our producer, Jill Poon with <a href="http://kdnc.agency">KDMC</a>. </p><p>To learn more about the topics discussed today, please visit us at <a href="https://nam11.safelinks.protection.outlook.com/?url=http%3A%2F%2Feconomicforecaster.com%2F&amp;data=04%7C01%7Cmccaffj%40wwu.edu%7C2e41847061144eb9f2bf08d8ff667c60%7Cdc46140ce26f43efb0ae00f257f478ff%7C0%7C0%7C637540162923747363%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=HIjrfMBILfHcXsERoKmetdVTHUaaWClw8GA11tUNbeM%3D&amp;reserved=0">economicforecaster.com</a> and subscribe to our quarterly newsletter.  Subscribe to After Office Hours with the Puget Sound Economic Forecaster.</p>]]>
      </content:encoded>
      <pubDate>Tue, 19 Oct 2021 16:05:52 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/a6d9c6ae/91f1775c.mp3" length="31518522" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/nvEb4yo2PaAERJJDuHSPgDn4QAEs_Jj_L7XKTxwD2VE/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzcwMDMyMi8x/NjM0Njg0NzUyLWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>1968</itunes:duration>
      <itunes:summary>Could we actually be moving forward to a world open with Covid? The team unpacks the usual topics, COVID, Employment news and numbers, changing labor force, Inflation - big deal or normal goings on, Supply Chain woes - when will things finally be in the right place at the right time again?, Retail sales numbers - rising prices or rising volume?, Real Estate - home prices and changing commercial use, How the Market impacts the Economy and Vice Versa - short answer, Monthly updates to the Forecaster!</itunes:summary>
      <itunes:subtitle>Could we actually be moving forward to a world open with Covid? The team unpacks the usual topics, COVID, Employment news and numbers, changing labor force, Inflation - big deal or normal goings on, Supply Chain woes - when will things finally be in the r</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>City Center Rent is on the Rise</title>
      <itunes:episode>9</itunes:episode>
      <podcast:episode>9</podcast:episode>
      <itunes:title>City Center Rent is on the Rise</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">811c4e61-f8e3-40cc-b10d-ad1aa69ac0c6</guid>
      <link>https://share.transistor.fm/s/a4d9c2f5</link>
      <description>
        <![CDATA[If rent is rising, what does that tell us?  Listen to the full podcast for more information.]]>
      </description>
      <content:encoded>
        <![CDATA[If rent is rising, what does that tell us?  Listen to the full podcast for more information.]]>
      </content:encoded>
      <pubDate>Tue, 19 Oct 2021 15:51:44 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/a4d9c2f5/5b334676.mp3" length="164344" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/oNyVHhCIa1c2lgpqAVs2uuTKHHSJLu4P2PA9B67cfD0/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzcwMDMxNi8x/NjM0NjgzOTA0LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>10</itunes:duration>
      <itunes:summary>If rent is rising, what does that tell us?  Listen to the full podcast for more information.</itunes:summary>
      <itunes:subtitle>If rent is rising, what does that tell us?  Listen to the full podcast for more information.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Rising Vehicle Prices - a Harbinger of Things to Come?</title>
      <itunes:episode>9</itunes:episode>
      <podcast:episode>9</podcast:episode>
      <itunes:title>Rising Vehicle Prices - a Harbinger of Things to Come?</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">2f6e4e7e-384a-41aa-b2e3-8b5433873333</guid>
      <link>https://share.transistor.fm/s/8a7e44df</link>
      <description>
        <![CDATA[Are those crazy high truck prices a sign of inflation or a short term affect of supply chain issues?]]>
      </description>
      <content:encoded>
        <![CDATA[Are those crazy high truck prices a sign of inflation or a short term affect of supply chain issues?]]>
      </content:encoded>
      <pubDate>Tue, 19 Oct 2021 15:50:44 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/8a7e44df/1cfe06d0.mp3" length="446108" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/AlDILBHzsHsrNo0YFrPSbnV8M4OtQIne1jg9DtjY3b8/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzcwMDMxNS8x/NjM0NjgzODQ0LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>27</itunes:duration>
      <itunes:summary>Are those crazy high truck prices a sign of inflation or a short term affect of supply chain issues?</itunes:summary>
      <itunes:subtitle>Are those crazy high truck prices a sign of inflation or a short term affect of supply chain issues?</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>How our Workspaces are Changing</title>
      <itunes:episode>9</itunes:episode>
      <podcast:episode>9</podcast:episode>
      <itunes:title>How our Workspaces are Changing</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">f872e4e1-97de-438c-9778-76e02522e9ef</guid>
      <link>https://share.transistor.fm/s/80e7d231</link>
      <description>
        <![CDATA[Commercial Real Estate is seeing some changes.]]>
      </description>
      <content:encoded>
        <![CDATA[Commercial Real Estate is seeing some changes.]]>
      </content:encoded>
      <pubDate>Tue, 19 Oct 2021 15:49:09 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/80e7d231/ab07cbe4.mp3" length="637379" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/lG6tjqJUAcYd6rfyBajWIl-V9H_KG-WDsgLZ2B8gHU0/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzcwMDMxMy8x/NjM0NjgzNzQ5LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>39</itunes:duration>
      <itunes:summary>Commercial Real Estate is seeing some changes.</itunes:summary>
      <itunes:subtitle>Commercial Real Estate is seeing some changes.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Beware the Word Average</title>
      <itunes:episode>9</itunes:episode>
      <podcast:episode>9</podcast:episode>
      <itunes:title>Beware the Word Average</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">6542c4d6-cee3-4ab9-b920-abc309287cbe</guid>
      <link>https://share.transistor.fm/s/88825313</link>
      <description>
        <![CDATA[When we say things like median and average, what does that really mean for individuals in the economy.]]>
      </description>
      <content:encoded>
        <![CDATA[When we say things like median and average, what does that really mean for individuals in the economy.]]>
      </content:encoded>
      <pubDate>Tue, 19 Oct 2021 15:47:39 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/88825313/262bfb14.mp3" length="625361" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/5BbARrF32OfRuz-SFw-6OeefXHrRrEWdhTsZzXAj6Mg/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzcwMDMxMi8x/NjM0NjgzNjU5LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>39</itunes:duration>
      <itunes:summary>When we say things like median and average, what does that really mean for individuals in the economy.</itunes:summary>
      <itunes:subtitle>When we say things like median and average, what does that really mean for individuals in the economy.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Three Words - Doug the Pug</title>
      <itunes:episode>9</itunes:episode>
      <podcast:episode>9</podcast:episode>
      <itunes:title>Three Words - Doug the Pug</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">7b8feeed-ac43-44e4-9be2-b7d9cc26dfd9</guid>
      <link>https://share.transistor.fm/s/43783499</link>
      <description>
        <![CDATA[How do we go about counting people who are working, making money, but are not participating in the workforce in the traditional sense? Listen to the full podcast for more information.]]>
      </description>
      <content:encoded>
        <![CDATA[How do we go about counting people who are working, making money, but are not participating in the workforce in the traditional sense? Listen to the full podcast for more information.]]>
      </content:encoded>
      <pubDate>Tue, 19 Oct 2021 15:46:10 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/43783499/e14a89d0.mp3" length="733356" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/cvG2SK0NwTlMQeyd1qRtxM0-g3J8V8aGfxGpVqvZF-8/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzcwMDMxMC8x/NjM0NjgzNTcwLWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>45</itunes:duration>
      <itunes:summary>How do we go about counting people who are working, making money, but are not participating in the workforce in the traditional sense? Listen to the full podcast for more information.</itunes:summary>
      <itunes:subtitle>How do we go about counting people who are working, making money, but are not participating in the workforce in the traditional sense? Listen to the full podcast for more information.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Employees Wagging the Dog?</title>
      <itunes:episode>9</itunes:episode>
      <podcast:episode>9</podcast:episode>
      <itunes:title>Employees Wagging the Dog?</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">28a162fc-9909-401f-b07f-e022c539d10d</guid>
      <link>https://share.transistor.fm/s/a7e102ef</link>
      <description>
        <![CDATA[Changing employee markets are impacting how companies find workers.]]>
      </description>
      <content:encoded>
        <![CDATA[Changing employee markets are impacting how companies find workers.]]>
      </content:encoded>
      <pubDate>Tue, 19 Oct 2021 15:44:35 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/a7e102ef/55e0e852.mp3" length="544624" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/wvNzgV6fhHD27459QEH5ka4-ZPQyqeJfPEmsiCHalTQ/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzcwMDMwOC8x/NjM0NjgzNDc1LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>33</itunes:duration>
      <itunes:summary>Changing employee markets are impacting how companies find workers.</itunes:summary>
      <itunes:subtitle>Changing employee markets are impacting how companies find workers.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>The Great Resignation</title>
      <itunes:episode>9</itunes:episode>
      <podcast:episode>9</podcast:episode>
      <itunes:title>The Great Resignation</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">fdd0a1c9-a857-463e-abde-b33eb73e0d26</guid>
      <link>https://share.transistor.fm/s/c5598fea</link>
      <description>
        <![CDATA[3% of employees quit their job last quarter - how does that impact? Listen to the full podcast for more information.]]>
      </description>
      <content:encoded>
        <![CDATA[3% of employees quit their job last quarter - how does that impact? Listen to the full podcast for more information.]]>
      </content:encoded>
      <pubDate>Tue, 19 Oct 2021 15:42:09 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/c5598fea/99452a01.mp3" length="430610" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/1DgOnI7fUthgNXkbVXzjrbtLZeeSLURR5utUiSf93EM/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzcwMDMwNS8x/NjM0NjgzMzI5LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>26</itunes:duration>
      <itunes:summary>3% of employees quit their job last quarter - how does that impact? Listen to the full podcast for more information.</itunes:summary>
      <itunes:subtitle>3% of employees quit their job last quarter - how does that impact? Listen to the full podcast for more information.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Forecaster Predicts More Fights on Airplanes</title>
      <itunes:episode>9</itunes:episode>
      <podcast:episode>9</podcast:episode>
      <itunes:title>Forecaster Predicts More Fights on Airplanes</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">0f6bc389-be49-4f73-9046-22484da39aa7</guid>
      <link>https://share.transistor.fm/s/2b035570</link>
      <description>
        <![CDATA[In all seriousness we touch on the economy as we emerge from the pandemic]]>
      </description>
      <content:encoded>
        <![CDATA[In all seriousness we touch on the economy as we emerge from the pandemic]]>
      </content:encoded>
      <pubDate>Tue, 19 Oct 2021 15:40:22 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/2b035570/ef25e2bb.mp3" length="466096" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/gHg5vsoCdORedO1ANPM5jC9HI1UdmPoajOqSjzb4o9I/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzcwMDMwMy8x/NjM0NjgzMjIyLWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>29</itunes:duration>
      <itunes:summary>In all seriousness we touch on the economy as we emerge from the pandemic</itunes:summary>
      <itunes:subtitle>In all seriousness we touch on the economy as we emerge from the pandemic</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Ep8: Stranger Things and Groundhog Day</title>
      <itunes:episode>8</itunes:episode>
      <podcast:episode>8</podcast:episode>
      <itunes:title>Ep8: Stranger Things and Groundhog Day</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">94a19052-a50c-46e6-8ac4-193a46a892a5</guid>
      <link>https://share.transistor.fm/s/b6e4754b</link>
      <description>
        <![CDATA[<p>We issued a special edition of forecaster last week to update the forecast we posted in mid-June.  Taking this extra step is definitely out of the ordinary but if there is anything we have learned in the past 18 months – not much is ordinary.  </p><p>The team this week includes, James McCafferty, Hart Hodges, Bethany King and Josh Grandbouche. </p><p>Are we worried about inflation? What is going on in the Labor Market? Are we SURE we aren't looking at a housing bubble? Why are those container ships sitting in the bay? Let's talk about the inflation again, what do we think the Fed is planning? Finally - are school supplies really going to be the new toilet paper?!? I want my college ruled composition notebook!</p><p><br></p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>We issued a special edition of forecaster last week to update the forecast we posted in mid-June.  Taking this extra step is definitely out of the ordinary but if there is anything we have learned in the past 18 months – not much is ordinary.  </p><p>The team this week includes, James McCafferty, Hart Hodges, Bethany King and Josh Grandbouche. </p><p>Are we worried about inflation? What is going on in the Labor Market? Are we SURE we aren't looking at a housing bubble? Why are those container ships sitting in the bay? Let's talk about the inflation again, what do we think the Fed is planning? Finally - are school supplies really going to be the new toilet paper?!? I want my college ruled composition notebook!</p><p><br></p>]]>
      </content:encoded>
      <pubDate>Wed, 04 Aug 2021 16:43:23 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/b6e4754b/0438be59.mp3" length="24877073" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/gfgWW4IoUWE1wFxCOZhJIym1NsyXzQT1jaDT6jxEs6s/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzYxMTU1Ni8x/NjI4MTIwNjAzLWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>1549</itunes:duration>
      <itunes:summary>We released a special edition of the Forecaster.  With so much going on in the economy we had plenty to talk about.  Topic covered include: COVID and Economic Recovery, Employment, Inflation, Housing, Retail Sales, Supply Chain, Labor Market, and Stimulus.</itunes:summary>
      <itunes:subtitle>We released a special edition of the Forecaster.  With so much going on in the economy we had plenty to talk about.  Topic covered include: COVID and Economic Recovery, Employment, Inflation, Housing, Retail Sales, Supply Chain, Labor Market, and Stimulus</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Don't call it a bubble</title>
      <itunes:episode>8</itunes:episode>
      <podcast:episode>8</podcast:episode>
      <itunes:title>Don't call it a bubble</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">dba42f86-61c0-4938-8a74-56f8a4e673f0</guid>
      <link>https://share.transistor.fm/s/787a2d79</link>
      <description>
        <![CDATA[What is really going on with home prices? Bethany breaks it down.  Listen to the full episode.]]>
      </description>
      <content:encoded>
        <![CDATA[What is really going on with home prices? Bethany breaks it down.  Listen to the full episode.]]>
      </content:encoded>
      <pubDate>Wed, 04 Aug 2021 16:33:52 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/787a2d79/c5967324.mp3" length="540755" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/ZbPFMGlTv6_sB4O4d5R-n_1LDvAn4UaFJdJcj-wjMH0/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzYxMTU1MC8x/NjI4MTIwMDMyLWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>58</itunes:duration>
      <itunes:summary>What is really going on with home prices? Bethany breaks it down.  Listen to the full episode.</itunes:summary>
      <itunes:subtitle>What is really going on with home prices? Bethany breaks it down.  Listen to the full episode.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>We've Entered... the Variant Zone.</title>
      <itunes:episode>8</itunes:episode>
      <podcast:episode>8</podcast:episode>
      <itunes:title>We've Entered... the Variant Zone.</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">e4aca753-41dd-4e05-b962-92ccdde565b0</guid>
      <link>https://share.transistor.fm/s/a2b5d334</link>
      <description>
        <![CDATA[Kids are returning to school, but offices are closing again.  What does COVID-19 recovery look like in the months ahead?]]>
      </description>
      <content:encoded>
        <![CDATA[Kids are returning to school, but offices are closing again.  What does COVID-19 recovery look like in the months ahead?]]>
      </content:encoded>
      <pubDate>Wed, 04 Aug 2021 16:32:31 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/a2b5d334/0a4392ff.mp3" length="462545" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/kbQfB4UzmlrN_C67yMyFftRLf0WiOoKz8ihEhgGirBs/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzYxMTU0OC8x/NjI4MTE5OTUxLWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>49</itunes:duration>
      <itunes:summary>Kids are returning to school, but offices are closing again.  What does COVID-19 recovery look like in the months ahead?</itunes:summary>
      <itunes:subtitle>Kids are returning to school, but offices are closing again.  What does COVID-19 recovery look like in the months ahead?</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>We are still getting older at the same rate</title>
      <itunes:episode>8</itunes:episode>
      <podcast:episode>8</podcast:episode>
      <itunes:title>We are still getting older at the same rate</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">1e4732c2-ceed-4911-9ee9-75cc3294fc73</guid>
      <link>https://share.transistor.fm/s/8b81abae</link>
      <description>
        <![CDATA[Some things are just following the natural order of things! As COVID-19 makes things feel like we are standing still, we've continued to get older through the pandemic.  Find out how this may be impacting our Baby Boomer population, retirement and the labor market!]]>
      </description>
      <content:encoded>
        <![CDATA[Some things are just following the natural order of things! As COVID-19 makes things feel like we are standing still, we've continued to get older through the pandemic.  Find out how this may be impacting our Baby Boomer population, retirement and the labor market!]]>
      </content:encoded>
      <pubDate>Wed, 04 Aug 2021 16:30:55 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/8b81abae/58629678.mp3" length="480659" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/lXBuT-gjRwK4BSv32v9PNfdqwkHyKEagOYXIagNqi0E/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzYxMTU0Ni8x/NjI4MTE5ODU1LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>51</itunes:duration>
      <itunes:summary>Some things are just following the natural order of things! As COVID-19 makes things feel like we are standing still, we've continued to get older through the pandemic.  Find out how this may be impacting our Baby Boomer population, retirement and the labor market!</itunes:summary>
      <itunes:subtitle>Some things are just following the natural order of things! As COVID-19 makes things feel like we are standing still, we've continued to get older through the pandemic.  Find out how this may be impacting our Baby Boomer population, retirement and the lab</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Got CDL? We want you!</title>
      <itunes:episode>8</itunes:episode>
      <podcast:episode>8</podcast:episode>
      <itunes:title>Got CDL? We want you!</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">02c69952-4d7c-4b92-95af-e89360a9e53c</guid>
      <link>https://share.transistor.fm/s/ba5847ef</link>
      <description>
        <![CDATA[Got CDL? Find out more about labor shortages and the impact on our national supply chain in the full episode]]>
      </description>
      <content:encoded>
        <![CDATA[Got CDL? Find out more about labor shortages and the impact on our national supply chain in the full episode]]>
      </content:encoded>
      <pubDate>Wed, 04 Aug 2021 16:27:56 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/ba5847ef/b4c78201.mp3" length="207903" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/1YOzKCzzuxUyhN8twFws7sm56Uk-CTslUY5WVvOZjds/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzYxMTU0My8x/NjI4MTE5Njc2LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>17</itunes:duration>
      <itunes:summary>Got CDL? Find out more about labor shortages and the impact on our national supply chain in the full episode</itunes:summary>
      <itunes:subtitle>Got CDL? Find out more about labor shortages and the impact on our national supply chain in the full episode</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Why Publish a Special Edition?</title>
      <itunes:episode>8</itunes:episode>
      <podcast:episode>8</podcast:episode>
      <itunes:title>Why Publish a Special Edition?</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">ccb9f7e9-cf41-4aac-97fc-5a6d3284c8cc</guid>
      <link>https://share.transistor.fm/s/2e11702d</link>
      <description>
        <![CDATA[Josh covers the reasons the center decided to publish a special edition - it doesn't happen often.  New numbers, new information, etc.  Find out more in the full episode.]]>
      </description>
      <content:encoded>
        <![CDATA[Josh covers the reasons the center decided to publish a special edition - it doesn't happen often.  New numbers, new information, etc.  Find out more in the full episode.]]>
      </content:encoded>
      <pubDate>Wed, 04 Aug 2021 16:26:29 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/2e11702d/0c1520f8.mp3" length="787501" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/L8jdjC70euPH_urwzxzcLqAhE6MmAul8kELFmVhwhp8/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzYxMTUzOS8x/NjI4MTE5NTg5LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>89</itunes:duration>
      <itunes:summary>Josh covers the reasons the center decided to publish a special edition - it doesn't happen often.  New numbers, new information, etc.  Find out more in the full episode.</itunes:summary>
      <itunes:subtitle>Josh covers the reasons the center decided to publish a special edition - it doesn't happen often.  New numbers, new information, etc.  Find out more in the full episode.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Are school supplies the new toilet paper?</title>
      <itunes:episode>8</itunes:episode>
      <podcast:episode>8</podcast:episode>
      <itunes:title>Are school supplies the new toilet paper?</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">834a0640-3f01-474c-b865-16a36441884d</guid>
      <link>https://share.transistor.fm/s/9f83b4a4</link>
      <description>
        <![CDATA[It is back to school time and school supplies have become the new toilet paper.  List to the full episode to find out Josh's answer to the question.]]>
      </description>
      <content:encoded>
        <![CDATA[It is back to school time and school supplies have become the new toilet paper.  List to the full episode to find out Josh's answer to the question.]]>
      </content:encoded>
      <pubDate>Wed, 04 Aug 2021 16:24:31 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/9f83b4a4/af6ad019.mp3" length="252087" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/y5y1LjZNMfAajasAfDwzYwtCoDBCWgPTewwvunbuDoM/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzYxMTUzNS8x/NjI4MTE5NDcxLWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>22</itunes:duration>
      <itunes:summary>It is back to school time and school supplies have become the new toilet paper.  List to the full episode to find out Josh's answer to the question.</itunes:summary>
      <itunes:subtitle>It is back to school time and school supplies have become the new toilet paper.  List to the full episode to find out Josh's answer to the question.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Ep7: The Usual Level of Chaos</title>
      <itunes:episode>7</itunes:episode>
      <podcast:episode>7</podcast:episode>
      <itunes:title>Ep7: The Usual Level of Chaos</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">e406cf35-987d-4bfa-958b-72ef5efd2f5d</guid>
      <link>https://share.transistor.fm/s/ea132cc0</link>
      <description>
        <![CDATA[<p>Public policy is becoming a much larger ingredient in the forecast – stimulus, low rates, increased child tax credits, monthly stipends, and more. Supply chain issues, consumer demand shifts, minimum wage discussions and more are competing for attention as well. In the Forecaster we explore all of it. We have checked the math three times and it is true – it has been a year since we started on this COVID fueled adventure.  The checking the math part has become part of the ritual, every time we complete a forecast someone seems to introduce a new variable.  This week the stimulus train will be pulling into many American’s bank accounts with the intention of launching a retail surge.  Economists are mixed on how this will play out – will people spend it, save it or do some of both with plans for the warmer days ahead?  There is no doubt about, this stimulus is going to create a long-lasting impact that is just starting to appear in the modeling. </p><p>Want to know how the <strong>stimulus money</strong> will impact <strong>retail sales</strong>?</p><p>Looking for <strong>Construction and Real Estate</strong> insights related to the future of working from home?</p><p>The Forecaster is <strong>looking beyond</strong> the index numbers and giving you a better understanding of what is behind the unemployment numbers and what we mean by <strong>Job Skill Mismatch</strong>.</p><p>The coming months will be full of <strong>revisions,</strong> stay tuned to the Puget Sound Economic Forecaster.</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>Public policy is becoming a much larger ingredient in the forecast – stimulus, low rates, increased child tax credits, monthly stipends, and more. Supply chain issues, consumer demand shifts, minimum wage discussions and more are competing for attention as well. In the Forecaster we explore all of it. We have checked the math three times and it is true – it has been a year since we started on this COVID fueled adventure.  The checking the math part has become part of the ritual, every time we complete a forecast someone seems to introduce a new variable.  This week the stimulus train will be pulling into many American’s bank accounts with the intention of launching a retail surge.  Economists are mixed on how this will play out – will people spend it, save it or do some of both with plans for the warmer days ahead?  There is no doubt about, this stimulus is going to create a long-lasting impact that is just starting to appear in the modeling. </p><p>Want to know how the <strong>stimulus money</strong> will impact <strong>retail sales</strong>?</p><p>Looking for <strong>Construction and Real Estate</strong> insights related to the future of working from home?</p><p>The Forecaster is <strong>looking beyond</strong> the index numbers and giving you a better understanding of what is behind the unemployment numbers and what we mean by <strong>Job Skill Mismatch</strong>.</p><p>The coming months will be full of <strong>revisions,</strong> stay tuned to the Puget Sound Economic Forecaster.</p>]]>
      </content:encoded>
      <pubDate>Tue, 20 Apr 2021 09:36:06 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/ea132cc0/4b3ba381.mp3" length="20179329" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/c_gmklLw2lfXZfKeU0Zocb5_Xq1XSX54NNPAh7M1eUM/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzUyMjM4Mi8x/NjE4OTM2MTA0LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>1257</itunes:duration>
      <itunes:summary>James, Hart and the crew cover the most recent Forecaster and look deeper into the topics of Employment, Commercial Real Estate, Residential Real Estate, the Region Outlook, Commercial Construction, Retail Sales and Inflation.   There is a lot going on, but one year out from the start of the Pandemic, things are looking clearer for the team.  Find out what they see for the future.</itunes:summary>
      <itunes:subtitle>James, Hart and the crew cover the most recent Forecaster and look deeper into the topics of Employment, Commercial Real Estate, Residential Real Estate, the Region Outlook, Commercial Construction, Retail Sales and Inflation.   There is a lot going on, b</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Looking for a job? Looking to fill a job?</title>
      <itunes:episode>7</itunes:episode>
      <podcast:episode>7</podcast:episode>
      <itunes:title>Looking for a job? Looking to fill a job?</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
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      <link>https://share.transistor.fm/s/e027b59c</link>
      <description>
        <![CDATA[Wondering about employment gains and recovery?  The team looks at what might be going on behind the numbers.]]>
      </description>
      <content:encoded>
        <![CDATA[Wondering about employment gains and recovery?  The team looks at what might be going on behind the numbers.]]>
      </content:encoded>
      <pubDate>Tue, 20 Apr 2021 09:35:20 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/e027b59c/b87d1cfe.mp3" length="1246832" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/zri5JZdN_64N5S0OqzZ8q1FWZhcf7riFsLxovcGZQNk/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzUyMjQwMS8x/NjE4OTM2NTIwLWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>74</itunes:duration>
      <itunes:summary>Wondering about employment gains and recovery?  The team looks at what might be going on behind the numbers.</itunes:summary>
      <itunes:subtitle>Wondering about employment gains and recovery?  The team looks at what might be going on behind the numbers.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Defending the Retail Sales Figures</title>
      <itunes:episode>7</itunes:episode>
      <podcast:episode>7</podcast:episode>
      <itunes:title>Defending the Retail Sales Figures</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">5a0194b4-3252-41d9-a849-a14d9a7771bd</guid>
      <link>https://share.transistor.fm/s/bf90a843</link>
      <description>
        <![CDATA[We received a lot of calls after the latest Forecaster was published, asking for an explanation as why the retail numbers were so high.  A little bit from Brianna in this trailer, find out more in the full episode.]]>
      </description>
      <content:encoded>
        <![CDATA[We received a lot of calls after the latest Forecaster was published, asking for an explanation as why the retail numbers were so high.  A little bit from Brianna in this trailer, find out more in the full episode.]]>
      </content:encoded>
      <pubDate>Tue, 20 Apr 2021 09:32:10 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/bf90a843/9668501f.mp3" length="725835" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/Ir4-i2idvz8UAHy-H3enpGOWb4wPGiaFCSjmz6iCdX8/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzUyMjM5Mi8x/NjE4OTM2MzMwLWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>41</itunes:duration>
      <itunes:summary>We received a lot of calls after the latest Forecaster was published, asking for an explanation as why the retail numbers were so high.  A little bit from Brianna in this trailer, find out more in the full episode.</itunes:summary>
      <itunes:subtitle>We received a lot of calls after the latest Forecaster was published, asking for an explanation as why the retail numbers were so high.  A little bit from Brianna in this trailer, find out more in the full episode.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>The Rational Bubble</title>
      <itunes:episode>7</itunes:episode>
      <podcast:episode>7</podcast:episode>
      <itunes:title>The Rational Bubble</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">bd617641-3a66-4e74-bac0-3d77aa842795</guid>
      <link>https://share.transistor.fm/s/7c035b0a</link>
      <description>
        <![CDATA[What does Hart mean by a rational bubble?  How does it relate to residential real estate? Find out more in the full episode.]]>
      </description>
      <content:encoded>
        <![CDATA[What does Hart mean by a rational bubble?  How does it relate to residential real estate? Find out more in the full episode.]]>
      </content:encoded>
      <pubDate>Tue, 20 Apr 2021 09:30:30 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/7c035b0a/a322fdc0.mp3" length="702219" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/pZDQclQW_bPZd6R0dSALCAg44CvvaSKRJfXbYXNcvsM/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzUyMjM4Ny8x/NjE4OTM2MjMwLWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>40</itunes:duration>
      <itunes:summary>What does Hart mean by a rational bubble?  How does it relate to residential real estate? Find out more in the full episode.</itunes:summary>
      <itunes:subtitle>What does Hart mean by a rational bubble?  How does it relate to residential real estate? Find out more in the full episode.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Back to the Usual Level of Chaos</title>
      <itunes:episode>7</itunes:episode>
      <podcast:episode>7</podcast:episode>
      <itunes:title>Back to the Usual Level of Chaos</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">34e6558e-ad9e-4eb2-825d-bd25d8a31758</guid>
      <link>https://share.transistor.fm/s/bbf3863e</link>
      <description>
        <![CDATA[A brief listen to the group's conversation about the Regional Outlook and how we see things moving forward with respect to Boeing, to hear the rest of the conversation, check out the full podcast]]>
      </description>
      <content:encoded>
        <![CDATA[A brief listen to the group's conversation about the Regional Outlook and how we see things moving forward with respect to Boeing, to hear the rest of the conversation, check out the full podcast]]>
      </content:encoded>
      <pubDate>Tue, 20 Apr 2021 09:24:39 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/bbf3863e/456d092e.mp3" length="619631" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/FX42Wu3LdmoNDit_p9-u_pMeHySR5F9lEjNjOdybLDA/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzUyMjM3OS8x/NjE4OTM1ODc5LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>34</itunes:duration>
      <itunes:summary>A brief listen to the group's conversation about the Regional Outlook and how we see things moving forward with respect to Boeing, to hear the rest of the conversation, check out the full podcast</itunes:summary>
      <itunes:subtitle>A brief listen to the group's conversation about the Regional Outlook and how we see things moving forward with respect to Boeing, to hear the rest of the conversation, check out the full podcast</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Episode 6 - Hope? It's complicated</title>
      <itunes:episode>6</itunes:episode>
      <podcast:episode>6</podcast:episode>
      <itunes:title>Episode 6 - Hope? It's complicated</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">d2fea833-5b54-4480-984e-0b79e4c96ed2</guid>
      <link>https://share.transistor.fm/s/0a189652</link>
      <description>
        <![CDATA[<p>James, Josh, Hart and newcomer Brianna cover all the important topics and the effects we can maybe, hopefully, look forward to in the coming months.  When asked if there is hope for the future, Hart's answer is "of course there is hope"... but it's complicated.  The team parses out what we can expect over the coming months as it pertains to the local economy, delving into, Retail Sales, Construction, Employments and what kind of new habits we might see coming out of the pandemic.  Grab your beverage of choice, sit back and take it all in!</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>James, Josh, Hart and newcomer Brianna cover all the important topics and the effects we can maybe, hopefully, look forward to in the coming months.  When asked if there is hope for the future, Hart's answer is "of course there is hope"... but it's complicated.  The team parses out what we can expect over the coming months as it pertains to the local economy, delving into, Retail Sales, Construction, Employments and what kind of new habits we might see coming out of the pandemic.  Grab your beverage of choice, sit back and take it all in!</p>]]>
      </content:encoded>
      <pubDate>Mon, 18 Jan 2021 12:10:51 -0800</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/0a189652/1993f8ea.mp3" length="17984483" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/3qzhgKq9lWlGlQ_SWVFpH8KbSUgXsc5H458zPcR2TiY/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzQ0MTY3MS8x/NjEwOTk4NjAxLWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>1118</itunes:duration>
      <itunes:summary>The team covers the latest Puget Sounds Economic Forecaster, COVID-19 Impacts, Regional Outlook, Unemployment, Retail Sales, Construction and how to use the Forecaster and Indexes.</itunes:summary>
      <itunes:subtitle>The team covers the latest Puget Sounds Economic Forecaster, COVID-19 Impacts, Regional Outlook, Unemployment, Retail Sales, Construction and how to use the Forecaster and Indexes.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Vaccines, where can they be???</title>
      <itunes:episode>6</itunes:episode>
      <podcast:episode>6</podcast:episode>
      <itunes:title>Vaccines, where can they be???</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">e6787c2d-4bf2-48d7-a4ab-2c32e91bbace</guid>
      <link>https://share.transistor.fm/s/bc0c8c26</link>
      <description>
        <![CDATA[A little shout out to the Star Wars world; quick notes on the current vaccine rollout.]]>
      </description>
      <content:encoded>
        <![CDATA[A little shout out to the Star Wars world; quick notes on the current vaccine rollout.]]>
      </content:encoded>
      <pubDate>Mon, 18 Jan 2021 12:08:48 -0800</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/bc0c8c26/a77c8a6f.mp3" length="655342" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/pgeuME6yZ8GK1lDUz1bg3wXJJtOAhA5eHkXDilTdTg8/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzQ0MTY5Ni8x/NjExMDAwNTI4LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>49</itunes:duration>
      <itunes:summary>A little shout out to the Star Wars world; quick notes on the current vaccine rollout.</itunes:summary>
      <itunes:subtitle>A little shout out to the Star Wars world; quick notes on the current vaccine rollout.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Hello Seattle, welcome to being an expensive city</title>
      <itunes:episode>6</itunes:episode>
      <podcast:episode>6</podcast:episode>
      <itunes:title>Hello Seattle, welcome to being an expensive city</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">424fc81a-54aa-4ecb-9161-861b0cdac512</guid>
      <link>https://share.transistor.fm/s/d83ec9da</link>
      <description>
        <![CDATA[Hart talks about the realities of living in a big expensive city as it related to Seattle's number of renters vs. owners.  He also touches on the future of residential and commercial construction.  Is everyone going to be working from home?]]>
      </description>
      <content:encoded>
        <![CDATA[Hart talks about the realities of living in a big expensive city as it related to Seattle's number of renters vs. owners.  He also touches on the future of residential and commercial construction.  Is everyone going to be working from home?]]>
      </content:encoded>
      <pubDate>Mon, 18 Jan 2021 12:05:26 -0800</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/d83ec9da/3a696f2a.mp3" length="2129547" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/AV1fLZfHZpNtCR6Oejmrh_7RcGjkOGdvl3T6WmFA-0E/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzQ0MTY5Mi8x/NjExMDAwNTQ4LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>171</itunes:duration>
      <itunes:summary>Hart talks about the realities of living in a big expensive city as it related to Seattle's number of renters vs. owners.  He also touches on the future of residential and commercial construction.  Is everyone going to be working from home?</itunes:summary>
      <itunes:subtitle>Hart talks about the realities of living in a big expensive city as it related to Seattle's number of renters vs. owners.  He also touches on the future of residential and commercial construction.  Is everyone going to be working from home?</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Hope and Complications</title>
      <itunes:episode>6</itunes:episode>
      <podcast:episode>6</podcast:episode>
      <itunes:title>Hope and Complications</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
      <guid isPermaLink="false">3e3ad73d-b6c9-4482-aedf-445c0a56743b</guid>
      <link>https://share.transistor.fm/s/1cc998f0</link>
      <description>
        <![CDATA[Hart starts off the podcast with a discussion surrounding hope on the horizon.]]>
      </description>
      <content:encoded>
        <![CDATA[Hart starts off the podcast with a discussion surrounding hope on the horizon.]]>
      </content:encoded>
      <pubDate>Mon, 18 Jan 2021 12:03:48 -0800</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/1cc998f0/dda4844c.mp3" length="929497" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/EXaRPhBopRu0BAxShOyvCLJQXGEAIfy5enzUmatGcX0/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzQ0MTY5MC8x/NjExMDAwMjI4LWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>71</itunes:duration>
      <itunes:summary>Hart starts off the podcast with a discussion surrounding hope on the horizon.</itunes:summary>
      <itunes:subtitle>Hart starts off the podcast with a discussion surrounding hope on the horizon.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>A Tale of Two Economies</title>
      <itunes:episode>6</itunes:episode>
      <podcast:episode>6</podcast:episode>
      <itunes:title>A Tale of Two Economies</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
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      <link>https://share.transistor.fm/s/13b90e32</link>
      <description>
        <![CDATA[Cliche but true, Josh breaks down the reality of the tech sector as a buoy to the local economy and the reality of jobs dependent on in-person access.]]>
      </description>
      <content:encoded>
        <![CDATA[Cliche but true, Josh breaks down the reality of the tech sector as a buoy to the local economy and the reality of jobs dependent on in-person access.]]>
      </content:encoded>
      <pubDate>Mon, 18 Jan 2021 12:02:04 -0800</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/13b90e32/ec441d9d.mp3" length="941167" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/_ODL8DReDn1N280aQC4mdOxSDUV2S20YDIjqQ84EPxw/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzQ0MTY4OC8x/NjExMDAwNTczLWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>72</itunes:duration>
      <itunes:summary>Cliche but true, Josh breaks down the reality of the tech sector as a buoy to the local economy and the reality of jobs dependent on in-person access.</itunes:summary>
      <itunes:subtitle>Cliche but true, Josh breaks down the reality of the tech sector as a buoy to the local economy and the reality of jobs dependent on in-person access.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Episode 5 - Covid, Kinda Covid, Not Covid</title>
      <itunes:episode>5</itunes:episode>
      <podcast:episode>5</podcast:episode>
      <itunes:title>Episode 5 - Covid, Kinda Covid, Not Covid</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">5ef9726a-ec87-4e96-abeb-60a3043bcd5c</guid>
      <link>https://share.transistor.fm/s/b1c5aae2</link>
      <description>
        <![CDATA[<p>We are now a few weeks out from the first publication of our September forecast.  It seems like a great time to talk about what we know now and where are current thinking is at.</p><p> </p><p>On the show today:</p><p>James McCafferty serves as the general manager and publisher for the newsletter.  </p><p> </p><p>Dr. Hart Hodges is an economics professor at Western Washington University.  Hart writes the regional forecast article and will occasionally contribute other articles based on the topics.  Hart and James both co-direct the Center for Economic and Business Research at Western.</p><p> </p><p>Sara Wold is our Research Economist, where among a long list of things she manages the forecast model for the Forecaster.  Sara often contributes many of the articles in the Forecaster including the leading index analysis. </p><p> </p><p>Today we cover topics including<br>- Impacts of COVID-19 on the Economy by playing a new game COVID!, Kinda Covid, NOT COVID!<br>- Elections<br>- Regional Outlook<br>- Retail Sales<br>- Commercial Real Estate<br>- Boeing<br>- How our outlook is changing and why the updated index is an important tool to have right now!</p><p>Join us for lively economic discussion!</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>We are now a few weeks out from the first publication of our September forecast.  It seems like a great time to talk about what we know now and where are current thinking is at.</p><p> </p><p>On the show today:</p><p>James McCafferty serves as the general manager and publisher for the newsletter.  </p><p> </p><p>Dr. Hart Hodges is an economics professor at Western Washington University.  Hart writes the regional forecast article and will occasionally contribute other articles based on the topics.  Hart and James both co-direct the Center for Economic and Business Research at Western.</p><p> </p><p>Sara Wold is our Research Economist, where among a long list of things she manages the forecast model for the Forecaster.  Sara often contributes many of the articles in the Forecaster including the leading index analysis. </p><p> </p><p>Today we cover topics including<br>- Impacts of COVID-19 on the Economy by playing a new game COVID!, Kinda Covid, NOT COVID!<br>- Elections<br>- Regional Outlook<br>- Retail Sales<br>- Commercial Real Estate<br>- Boeing<br>- How our outlook is changing and why the updated index is an important tool to have right now!</p><p>Join us for lively economic discussion!</p>]]>
      </content:encoded>
      <pubDate>Mon, 02 Nov 2020 16:04:35 -0800</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/b1c5aae2/0c353341.mp3" length="28736082" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:image href="https://img.transistorcdn.com/2UDSI3XdTDs5Yizoyn2qmE4JXDWlATcKto3I4B3N5Lw/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lcGlz/b2RlLzM5MDY2OC8x/NjA0MzYzMjIyLWFy/dHdvcmsuanBn.jpg"/>
      <itunes:duration>1790</itunes:duration>
      <itunes:summary>Let’s start with the obvious place.  COVID-19 is leaving its mark on the region’s economy.  It is sometimes hard to determine if a change is directly because of COVID, came to be perhaps sooner than without COVID or has nothing at all to do with COVID.  So, let’s play a game…  Called COVID, Kinda COVID and Not COVID.  The team dives into the Election impact on the economy, boeing, regional economy, retail sales and commercial real estate.</itunes:summary>
      <itunes:subtitle>Let’s start with the obvious place.  COVID-19 is leaving its mark on the region’s economy.  It is sometimes hard to determine if a change is directly because of COVID, came to be perhaps sooner than without COVID or has nothing at all to do with COVID.  S</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Episode 4: Recovery is a Backward Square Root Sign</title>
      <itunes:episode>4</itunes:episode>
      <podcast:episode>4</podcast:episode>
      <itunes:title>Episode 4: Recovery is a Backward Square Root Sign</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
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      <link>https://share.transistor.fm/s/35166e40</link>
      <description>
        <![CDATA[<p>We are now three weeks out from the first publication of our June forecast.  It seems like a great time to talk about what we know now and where are current thinking is at.</p><p> </p><p>On the show today:</p><p>Our special guest: Dr Steve Lerch is the Executive Director and Chief Economist for the Washington State Economic and Revenue Forecast Council.  Steve is responsible for the official state forecast and contributes that forecast each quarter to the Puget Sound Economic Forecaster.</p><p>James McCafferty serves as the general manager and publisher for the newsletter.  </p><p> </p><p>Dr. Hart Hodges is an economics professor at Western Washington University.  Hart writes the regional forecast article and will occasionally contribute other articles based on the topics.  Hart and James both co-direct the Center for Economic and Business Research at Western.</p><p> </p><p>Josh Grandbouche is the lead research analyst with the Center where among a long list of things he manages the forecast model for the Forecaster.  Josh often contributes many of the articles in the Forecaster including the leading index analysis. </p><p>Sara Wold is our Research Economist and is joining us for the first time today.  Sara will be taking over Josh’s duties in these next few months as Josh heads off to graduate school.  Sara has been with the Center for two years and has contributed many articles to the Forecaster and we look forward to even more.</p><p> </p><p>Today we cover topics including<br>- The current regional outlook<br>- The current state outlook<br>- Retail Sales<br>- The shape of the many industry recovery curves<br>- Is the Puget Sound region buoyed by the Tech industry or pulled down the decline in Aerospace.<br>- What is this Fall going to look like for Schools, both K-12 and University.<br>- How the impact of COVID-19 on Sports and Music shapes our local economy<br>- The 5 hour car ride<br>and more! </p><p>Join us for lively economic discussion!</p><p> </p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>We are now three weeks out from the first publication of our June forecast.  It seems like a great time to talk about what we know now and where are current thinking is at.</p><p> </p><p>On the show today:</p><p>Our special guest: Dr Steve Lerch is the Executive Director and Chief Economist for the Washington State Economic and Revenue Forecast Council.  Steve is responsible for the official state forecast and contributes that forecast each quarter to the Puget Sound Economic Forecaster.</p><p>James McCafferty serves as the general manager and publisher for the newsletter.  </p><p> </p><p>Dr. Hart Hodges is an economics professor at Western Washington University.  Hart writes the regional forecast article and will occasionally contribute other articles based on the topics.  Hart and James both co-direct the Center for Economic and Business Research at Western.</p><p> </p><p>Josh Grandbouche is the lead research analyst with the Center where among a long list of things he manages the forecast model for the Forecaster.  Josh often contributes many of the articles in the Forecaster including the leading index analysis. </p><p>Sara Wold is our Research Economist and is joining us for the first time today.  Sara will be taking over Josh’s duties in these next few months as Josh heads off to graduate school.  Sara has been with the Center for two years and has contributed many articles to the Forecaster and we look forward to even more.</p><p> </p><p>Today we cover topics including<br>- The current regional outlook<br>- The current state outlook<br>- Retail Sales<br>- The shape of the many industry recovery curves<br>- Is the Puget Sound region buoyed by the Tech industry or pulled down the decline in Aerospace.<br>- What is this Fall going to look like for Schools, both K-12 and University.<br>- How the impact of COVID-19 on Sports and Music shapes our local economy<br>- The 5 hour car ride<br>and more! </p><p>Join us for lively economic discussion!</p><p> </p>]]>
      </content:encoded>
      <pubDate>Thu, 09 Jul 2020 14:40:29 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/35166e40/83301dc4.mp3" length="17145197" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:duration>2134</itunes:duration>
      <itunes:summary>How COVID-19 Impacts may be felt across the Puget Sound Region in the coming months. Topics include: School reopening, retail sales, tech industry, aerospace, travel and leisure, personal savings and unemployment.</itunes:summary>
      <itunes:subtitle>How COVID-19 Impacts may be felt across the Puget Sound Region in the coming months. Topics include: School reopening, retail sales, tech industry, aerospace, travel and leisure, personal savings and unemployment.</itunes:subtitle>
      <itunes:keywords>puget sound economy, School reopening, retail sales, tech industry, aerospace, travel and leisure, personal savings, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Episode 3: COVID-19 and Economic History - have we been here before?</title>
      <itunes:episode>3</itunes:episode>
      <podcast:episode>3</podcast:episode>
      <itunes:title>Episode 3: COVID-19 and Economic History - have we been here before?</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">55781487-c9e8-4dfc-a2e3-fcbd9a8c2d13</guid>
      <link>https://share.transistor.fm/s/e3d2cc5c</link>
      <description>
        <![CDATA[<p>This week James, Hart and Josh are joined by Dr. Brandon Dupont to discuss the continuing impacts of the COVID-19 from a historical perspective.  Dr. Brandon Dupont is an Economic Professor at Western Washington University.  He has focused his work on topics related to 19th century banking crises and the history of economics. Brandon teaches courses in microeconomics, the history of economic thought, political economy, and economic history. In this episode of the the Economic Forecaster the team covers stimulus checks, PPP, policy similarities between now and the 1918 Flu and lessons we can learn from the 1918 Flu recovery.  They also cover impacts to construction, unemployment and what recovery could look like in the Puget Sound region.  30 minuets of economics never went by so quickly!  </p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>This week James, Hart and Josh are joined by Dr. Brandon Dupont to discuss the continuing impacts of the COVID-19 from a historical perspective.  Dr. Brandon Dupont is an Economic Professor at Western Washington University.  He has focused his work on topics related to 19th century banking crises and the history of economics. Brandon teaches courses in microeconomics, the history of economic thought, political economy, and economic history. In this episode of the the Economic Forecaster the team covers stimulus checks, PPP, policy similarities between now and the 1918 Flu and lessons we can learn from the 1918 Flu recovery.  They also cover impacts to construction, unemployment and what recovery could look like in the Puget Sound region.  30 minuets of economics never went by so quickly!  </p>]]>
      </content:encoded>
      <pubDate>Tue, 21 Apr 2020 09:00:00 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/e3d2cc5c/d689f61f.mp3" length="21887355" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:duration>1817</itunes:duration>
      <itunes:summary>This week James, Hart and Josh are joined by Dr. Brandon Dupont to discuss the continuing impacts of the COVID-19 from a historical perspective.  In this episode of the the Economic Forecaster the team covers stimulus checks, PPP, policy similarities between now and the 1918 Flu and lessons we can learn from the 1918 Flu recovery.  They also cover impacts to construction, unemployment and what recovery could look like in the Puget Sound region.  </itunes:summary>
      <itunes:subtitle>This week James, Hart and Josh are joined by Dr. Brandon Dupont to discuss the continuing impacts of the COVID-19 from a historical perspective.  In this episode of the the Economic Forecaster the team covers stimulus checks, PPP, policy similarities betw</itunes:subtitle>
      <itunes:keywords>covid-19, covid19, economy, recession, unemployment, puget sound region, economic impacts, economic indicators, spanish flu, 1918 flu, pandemic history</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>What Kind of U Shape?</title>
      <itunes:episode>3</itunes:episode>
      <podcast:episode>3</podcast:episode>
      <itunes:title>What Kind of U Shape?</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
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      <link>https://share.transistor.fm/s/4020c80f</link>
      <description>
        <![CDATA[Hart Hodges discusses the possible shapes of the recovery curve.]]>
      </description>
      <content:encoded>
        <![CDATA[Hart Hodges discusses the possible shapes of the recovery curve.]]>
      </content:encoded>
      <pubDate>Tue, 21 Apr 2020 01:00:00 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/4020c80f/7676451c.mp3" length="786524" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:duration>89</itunes:duration>
      <itunes:summary>Hart Hodges discusses the possible shapes of the recovery curve.</itunes:summary>
      <itunes:subtitle>Hart Hodges discusses the possible shapes of the recovery curve.</itunes:subtitle>
      <itunes:keywords>covid-19, testing, testing programs, pandemic, economic impacts, university of Washington football, UW, UW football</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Episode 3: Its a Parade!</title>
      <itunes:episode>3</itunes:episode>
      <podcast:episode>3</podcast:episode>
      <itunes:title>Episode 3: Its a Parade!</itunes:title>
      <itunes:episodeType>trailer</itunes:episodeType>
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      <link>https://share.transistor.fm/s/e0abb49e</link>
      <description>
        <![CDATA[When we've been here before]]>
      </description>
      <content:encoded>
        <![CDATA[When we've been here before]]>
      </content:encoded>
      <pubDate>Tue, 21 Apr 2020 00:00:00 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/e0abb49e/5ff90e8c.mp3" length="547127" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:duration>59</itunes:duration>
      <itunes:summary>When we've been here before</itunes:summary>
      <itunes:subtitle>When we've been here before</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>Episode 2: Covid-19 Coverage</title>
      <itunes:episode>2</itunes:episode>
      <podcast:episode>2</podcast:episode>
      <itunes:title>Episode 2: Covid-19 Coverage</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">bc7ad642-3a7d-4bf5-80c1-295d684e7523</guid>
      <link>https://share.transistor.fm/s/eb972b09</link>
      <description>
        <![CDATA[<p>This week James, Hart and Josh are joined by Dr. Laurie Trautman and Dr. Anneliese Vance Sherman.</p><p>Dr. Anneliese Vance Sherman, a consistent contributor to the Forecaster, works with the Washington State Employment Security Department as a Regional Economist.  To say she has her finger on the pulse of our State’s and region’s employment data is an understatement.</p><p>Dr. Laurie Trautman directs Western’s Border Policy Research Institute (<a href="https://www.youtube.com/redirect?v=kIh3wYyYDqE&amp;event=video_description&amp;q=https%3A%2F%2Fwp.wwu.edu%2Fbpri%2F&amp;redir_token=7ioxkVAP9YOA3AR1EWme2O1g3D98MTU4NTY4MjQ0NkAxNTg1NTk2MDQ2">https://wp.wwu.edu/bpri/</a>).  Her institute is one of two such institutes along the northern border.  The volume of research coming from BPRI is amazing.</p><p>We launched this podcast with the thought that a lot happens after we publish the Forecaster.  Did we ever under sell that concept.  We published the latest Forecaster’s Quarterly newsletter last Friday, March 13th, with the unprecedented step of emailing it to all subscribers for immediate use given the quickly evolving economic climate. By Sunday afternoon, we began planning for a revised forecast and this podcast.</p><p>Join us today as we cover all manner of COVID-19 impacts, from general impact and duration discussion, border crossing, tourism and travel impacts as well as a look at the latest unemployment data available.  </p><p>Grab your beverage of choice and settle in for another episode of After Office Hours with Puget Sound Economic Forecaster.</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>This week James, Hart and Josh are joined by Dr. Laurie Trautman and Dr. Anneliese Vance Sherman.</p><p>Dr. Anneliese Vance Sherman, a consistent contributor to the Forecaster, works with the Washington State Employment Security Department as a Regional Economist.  To say she has her finger on the pulse of our State’s and region’s employment data is an understatement.</p><p>Dr. Laurie Trautman directs Western’s Border Policy Research Institute (<a href="https://www.youtube.com/redirect?v=kIh3wYyYDqE&amp;event=video_description&amp;q=https%3A%2F%2Fwp.wwu.edu%2Fbpri%2F&amp;redir_token=7ioxkVAP9YOA3AR1EWme2O1g3D98MTU4NTY4MjQ0NkAxNTg1NTk2MDQ2">https://wp.wwu.edu/bpri/</a>).  Her institute is one of two such institutes along the northern border.  The volume of research coming from BPRI is amazing.</p><p>We launched this podcast with the thought that a lot happens after we publish the Forecaster.  Did we ever under sell that concept.  We published the latest Forecaster’s Quarterly newsletter last Friday, March 13th, with the unprecedented step of emailing it to all subscribers for immediate use given the quickly evolving economic climate. By Sunday afternoon, we began planning for a revised forecast and this podcast.</p><p>Join us today as we cover all manner of COVID-19 impacts, from general impact and duration discussion, border crossing, tourism and travel impacts as well as a look at the latest unemployment data available.  </p><p>Grab your beverage of choice and settle in for another episode of After Office Hours with Puget Sound Economic Forecaster.</p>]]>
      </content:encoded>
      <pubDate>Fri, 20 Mar 2020 15:00:00 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/eb972b09/f893d097.mp3" length="17749047" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:duration>2211</itunes:duration>
      <itunes:summary>This week James, Hart and Josh are joined by Dr. Laurie Trautman and Dr. Anneliese Vance Sherman to discuss the initial impacts of the COVID-19 pandemic</itunes:summary>
      <itunes:subtitle>This week James, Hart and Josh are joined by Dr. Laurie Trautman and Dr. Anneliese Vance Sherman to discuss the initial impacts of the COVID-19 pandemic</itunes:subtitle>
      <itunes:keywords>covid-19, covid19, economy, recession, unemployment, puget sound region, economic impacts, economic indicators</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
    <item>
      <title>After Office Hours - Episode 1: Wash, Rinse, Repeat</title>
      <itunes:episode>1</itunes:episode>
      <podcast:episode>1</podcast:episode>
      <itunes:title>After Office Hours - Episode 1: Wash, Rinse, Repeat</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">157a3e01-67b0-47d2-81a3-e7e7774728b6</guid>
      <link>https://share.transistor.fm/s/9a553bdb</link>
      <description>
        <![CDATA[<p>Join the WWU CEBR team, James McCafferty (our light comic relief), Hart Hodges and Joshua Grandbouche as the go in depth on the December issue of the Puget Sound Economic Forecaster. </p><p>The 2019 economy has been a mixed bag. While there are a growing number of indicators to be concerned about, some, like consumer spending, remain strong. We have another round of potential tariffs being threatened (France, Argentina, Brazil) and a growing discussion around both consumer and corporate debt.  The team covers how these will impact us here in the Puget Sound region.</p><p>E-commerce continues to grow, with some retailers losing and others making large gains. There is a battle for consumer’s hearts and minds, and we explore that in this edition.</p><p>A serious discussion about education and the workforce of the future is brewing. We explore what types of jobs may exist in the future and what type of education they may need.</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p>Join the WWU CEBR team, James McCafferty (our light comic relief), Hart Hodges and Joshua Grandbouche as the go in depth on the December issue of the Puget Sound Economic Forecaster. </p><p>The 2019 economy has been a mixed bag. While there are a growing number of indicators to be concerned about, some, like consumer spending, remain strong. We have another round of potential tariffs being threatened (France, Argentina, Brazil) and a growing discussion around both consumer and corporate debt.  The team covers how these will impact us here in the Puget Sound region.</p><p>E-commerce continues to grow, with some retailers losing and others making large gains. There is a battle for consumer’s hearts and minds, and we explore that in this edition.</p><p>A serious discussion about education and the workforce of the future is brewing. We explore what types of jobs may exist in the future and what type of education they may need.</p>]]>
      </content:encoded>
      <pubDate>Fri, 13 Mar 2020 10:00:00 -0700</pubDate>
      <author>Puget Sound Economic Forecaster</author>
      <enclosure url="https://media.transistor.fm/9a553bdb/327a01fd.mp3" length="12714145" type="audio/mpeg"/>
      <itunes:author>Puget Sound Economic Forecaster</itunes:author>
      <itunes:duration>1581</itunes:duration>
      <itunes:summary>We summarize the events of 2019 and look forward to 2020.</itunes:summary>
      <itunes:subtitle>We summarize the events of 2019 and look forward to 2020.</itunes:subtitle>
      <itunes:keywords>puget sound, economy, economic outlook, leading indicators, unemployment</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/james-mccafferty">James McCafferty</podcast:person>
      <podcast:person role="Host" href="https://podcast.economicforecaster.com/people/hart-hodges">Hart Hodges</podcast:person>
    </item>
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