JULY
Clark County’s only Borders bookstore closes; Jantzen Beach Barnes & Noble shutters a month later.
Farwest wins $48 million in federal tax credit to finance Vancouver growth plans.
AUGUST
Hewlett-Packard Co. moves operations into current Nautilus Inc. headquarters.
Nautilus says it will relocate to smaller Vancouver building.
SEPTEMBER
Downtown Vancouver Burgerville demolished to make way for apartments.
1,603 people line up to apply for 350 New Seasons jobs.
Owner of Chuck’s Produce & Street Market buys site for Hazel Dell store.
Longshoremen block Vancouver train tracks in dispute over Longview grain terminal.
Lisa Nisenfeld named head of Columbia River Economic Development Council.
Clark County’s economy managed to tread water in the third quarter of 2011, but struggling businesses and unemployed workers were still at sea in the July to September period. And even normally optimistic economists don’t expect the county — or the state or nation — to come ashore in the foreseeable future.
Staying afloat at least beats drowning, which the pessimists fear.
“The best I can hope for is that we don’t go into another recession,” Arun Raha, Washington’s chief economist, said Wednesday in Vancouver. “Sideways is the new up.”
Bill Conerly, a business consultant from Lake Oswego, Ore., agrees.
“We’re in this muddled period,” Conerly said. “The most important thing to keep in mind: When the economy is going sideways, you’ll get some indicators positive and some negative. We do not have a very clear up trend.”