Other pages about the topic: Economy

The 2007 Washington Input-Output Model

Released September 2012 (Revised October 2015)

In 2010, seven state agencies and the legislative staff, under the direction of Dr. William Beyers, University of Washington Geography Professor, and Marc Baldwin, Office of Financial Management (OFM), initiated the estimation of a new version of the Washington State Input-Output (I-O) model. OFM staff member Dr. Ta-Win Lin served as the project coordinator.

The 2002 Washington Input-Output Model

Updated April 2011

In 2006, seven state agencies and the legislative staff, under the direction of University of Washington Geography Professor, Dr. William Beyers, and the Office of Financial Management (OFM) Assistant Director of Forecasting Division, Dr. Irv Lefberg, initiated the estimation of a new version of the Washington State Input-Output model. OFM staff Dr. Ta-Win Lin served as the project coordinator.

Inflation

What is inflation?

Inflation has been defined as a process of continuously rising prices, or equivalently, of a continuously falling value of money. In other words, inflation causes the buying power of a dollar to decrease over time. A 15 cent hamburger in 1966 seems to us a lot cheaper than the 79-cent hamburger of today. But when the price of that 1966 burger is adjusted for inflation, the price is comparable.

Median home price

Median home price in Washington

1996 - 2017

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