Outlook good for Bellevue economy

Strong development activity and moderate job growth will fuel Bellevue’s economy over the next several years.

That was the prediction delivered to the City Council Monday by City Budget Manager Jonathan Swift, who said Bellevue’s economic outlook is generally positive, but increased inflation and a slowing of the housing market could dampen growth.

Swift delivered his forecast as part of the Finance Department’s Early Outlook Forecast, which focuses on how the city’s economy is expected to perform over the next six years.

Swift said growth in employment and personal income have kept the region’s economy relatively healthy even as rising gasoline, food and other prices, and a weakening housing market, have adversely impacted the national economy.  Continued…  Outlook good for Bellevue economy -Renton Reporter

Mike Rozell ~ Bellevue Realtor / Real Estate Agent ~ www.MyBellevueLifestyle.com