By Evan Caldwell | Jan. 15, 2019
Stanwood, Wash. – Matthew Gardner returns with his crystal ball to peek at what 2020 holds for the local economy and housing market.
Gardner, the chief economist for Seattle-based Windermere Real Estate, is the keynote speaker for the 2020 Economic and Housing Forecast community forum 6 p.m. Friday, Jan. 24, at the Camano Center, 606 Arrowhead Rd. on Camano Island. The forum will take a macro and micro look at the economy, the economic forecast and housing.
“In 2020, I expect payrolls to continue growing, but the rate of growth will slow as the country adds fewer than 1.7 million new jobs,” Gardner wrote in his 2020 forecast last month. “Due to this hiring slow down, the unemployment rate will start to rise, but still end the year at a very respectable 4.1%.”
Gardner, who spoke to a packed house at last year’s event, wrote “many economists, including me, spent much of 2019 worried about the specter of a looming recession in 2020. Thankfully, such fears have started to wane.”
The forum is free and open to the public, but reservations are required. Call 360-387-4663 or visit windermerestanwoodcamano.com/2020-forecast. Doors open at 6:30 p.m. for a cocktail and appetizer hour, followed by Gardner’s presentation and then a question-answer session with the audience.
This article was originally published on goskagit.com.