Follow coverage of the U.S. and global economy, jobs and unemployment; banking; interest rates and other decisions by the Federal Reserve (Fed) and Chair; and economic indicators such as the gross domestic product (GDP), factory orders and durable goods. Other topics include the federal budget deficit and national debt, and local economic columnist Jon Talton.

As businesses dig out of the snow, some also face digging out of the red

Some many stores and stalls at the Pike Place Market were closed Tuesday some businesses resorted to homemade signs to let the public know they were open.

LO Lack of commerce at the Pike Place Market.

Tuesday February 12, 2019

For the local economy, Snowmageddon giveth and taketh away. Business boomed for grocery stores and tow trucks, but commerce that relies on delivery has struggled, as has the real estate market and construction. Valentine’s Day buying slowed as well, with chocolatiers and florists reporting weak sales leading up to the holiday.

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