A solid expansion is taking hold in the City of Destiny and Pierce County as State Farm Insurance expands, Boeing plans to build the composite tail for the 777X at Frederickson, and Toray Composites, a major Japanese aerospace manufacturer, also is expanding its Frederickson plant.
The Seattle-Bellevue-Everett region is benefiting from economic drivers specific to the Puget Sound region. But the growth rate in employment and income hasn’t matched previous eras of prosperity.
Things to watch over the next half year include the sharpening rivalry between hometown airline Alaska and deep-pocketed Delta, and whether Amazon’s amazing growth can keep going.
The Ex-Im Bank helps finance about 2 percent of U.S. exports, including Boeing jets.
It is interesting that in the age where jobs are increasingly seen as commodities that can be slashed, sent offshore for cheaper labor, interchanged or automated, only the top executives are considered indispensable.
This year’s Best of the Northwest rankings show an enviable array of public companies for a region often dismissed as an anti-business liberal hothouse. We must be doing something right.
The new rules proposed by EPA aren’t ideal. But it’s a start and could give the United States a position of strength from which to influence other nations.
Seattle is growing because its diverse economy, quality of life and the back-to-the-city movement by young people, empty-nest baby boomers and some companies is attracting population.
More thoughts on former Treasury Secretary Timothy Geithner, who’s touring the nation to promote his very good, new book “Stress Test.”
Only one thing is certain: We can’t know the effects of a much higher minimum wage until it has been in place a while.