Monday, August 8, 2022
HomeEconomyMay a slowdown within the economic system truly assist Kitsap proper now?

May a slowdown within the economic system truly assist Kitsap proper now?

2022 is half over. Behind us sits a sturdy economic system. In entrance, one which is likely to be extra tepid. 

In keeping with a current Washington Publish article, shopper spending makes up greater than two-thirds of the U.S. economic system. Current analyses within the piece by each Barclays and Charles Schwab discover that restaurant, travel-related and companies spending is beginning to weaken. 

So at a current financial growth occasion I requested some Kitsap CEOs this associated query: With a doubtlessly slowing economic system, what alternative or problem do you see in entrance of what you are promoting? 

Port Madison Enterprises CEO Rion Ramirez talked about how, with the continued inflationary surroundings, he has issues about decreased exercise on the hospitality companies of his agency, like Clearwater On line casino, if patrons in the reduction of. He additionally talked in regards to the problem going through almost each enterprise within the U.S., from nonprofits to public firms to personal corporations like his: They want many extra staff. 

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