Spokane County report confirms Spokane benefited from past recessions
November 11, 2010 Leave a comment
I previously hypothesized that Spokane benefited from national recessions, but that since the year 2000, this is no longer the case. In a globalized world, companies no longer move to Spokane to cut costs – they move to international destinations instead.
I just ran across a similar comment in a Spokane County report from earlier in 2010:
Interesting? “Spokane County’s economy surged during the 1990s, in part due to recessions in other areas of the country”. During recessions, companies look to cut costs and Spokane’s low wages and how housing and office space costs proved attractive.
The following claim – if read literally – is bizarre. I suspect this government report was a “copy and paste” job made by copying sections from older reports. Throughout the report there are sections that read as if they were contemporary writing in the 1990s or other time periods. Specifically, high tech industries peaked in 1984 and declined since then?