How’s the Local Economy
I was at a local two hour seminar this morning on how the banking and real estate economies are doing. Our area here is very much like most of my readers I am presuming. It is very much agriculturally based and when the boom times in the housing market in 2002-2006 were going on, we were left behind.
However, when the major downturn came, we have not been affected too much yet. Also, we have had a large amount of federal stimulus money put into the local economy and that seems to be holding up pretty well. It is creating construction jobs and demand for new housing.
I am curious as to how the economy is in my reader’s area and would welcome any comments which will be posted on the site.
Paul Neiffer is a certified public accountant and business advisor specializing in income taxation, accounting services, and succession planning for farmers and agribusiness processors. Paul is a principal with CliftonLarsonAllen in Walla Walla, Washington, as well as a regular speaker at national conferences and contributor at agweb.com. Raised on a farm in central Washington, he has been immersed in the ag industry his entire life, including the last 30 years professionally. Paul and his wife purchase an 180 acre ranch in 2016 and enjoy keeping it full of animals.
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