Economic Vitality Index . Photo credit: . Walker Photography. Intent of the Thurston . EVI. . Provide a snapshot of economic conditions . and a multi-year trend analysis . of Thurston County’s economy. ID: 439344
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2014 Regional
Economic Vitality Index
Photo credit:
Walker Photography
Slide2Intent of the Thurston EVI Provide a snapshot of economic conditions and a multi-year trend analysis of Thurston County’s economy
2013 Regional Economic Vitality Index
Slide3Research & AnalysisJ Robertson and Company Saint Martin’s UniversityPartners Thurston County Chamber of CommerceLacey Chamber of CommerceTumwater Chamber of CommerceYelm Chamber of CommerceOlympia Downtown Association (ODA)West Olympia Business Association (WOBA)
DesignDaniels-Brown CommunicationsPhotographyWalker PhotographyPrintingCapitol City Press
2013 Regional Economic Vitality Index
Slide42013 Regional Economic Vitality Index
Thurston EVI Sponsor
Slide52013 Regional Economic Vitality Index
Thurston EVI Sponsor
Slide6Thurston EVI Sponsor
Slide7Regional Economic Vitality
Panel Discussion
Photo credit:
Michael Bruce
Slide8“
We have recovered all the jobs lost during the recession, but that recovery has been mixed across industries … and across areas of the state.”
Slide9
Non-Farm Employment in WA is up
70,900 from prerecession peak
Slide10TrendsDevelopmentsPrimary DriversOpportunitiesChallenges
Slide11Matt
Matayoshi
, Lewis EDC
Dru
Garson, Grays Harbor, Inc.
Paul Philpot, Pacific EDC
Lynn
Longan
, Mason EDC
Michael Cade, Thurston EDC
Slide12So, how are we doing in the 5-county region?
Slide13Strong Recovery in Thurston
Consumer & business confidence highest
in 5 years
Strengthened consumer spending
Business sales driven by market demand
Leading Indicators index at prerecession levels
Slide14Thurston County Unemployment by Industry
Chart on page 19 of Thurston EVI
Slide152/3 of workers in Thurston County are private wage employees
Chart on page 17 of Thurston EVI
Slide16Regional Economic Drivers & Trends
Slide17Lodging tax revenue receipts up an estimated 7% in 2014
Photo credit: Marc Sterling
Slide18International Kite Festival
Long Beach
Slide19Skydive
Kapowsin
Shelton
Slide20Northwest Sports Hub
Centralia
Slide21502 Industries
Slide22Renewed Interest in Industrial Land
Slide23Tumwater Brewery
Slide24Update on Industry Clusters in the 5-county region
Slide25Port of Grays
H
arbor
Slide26Fungi
Perfecti
Slide27Taylor Shellfish
Slide28Mellen
St., I-5 junction
Slide292013 Top 7products exported from Port of Olympia (value in $millions)
Slide30Labor and Workforce as a Component of Growth
Slide31Slide32Grays Harbor Community College
Slide33Hiking in Pacific County
Chart on page 26 of Thurston EVI
Slide34Mason General Hospital
Slide35Thurston Social
Photo credit:
Walker Photography
Slide36Economic recovery
is
happening in the 5
county region
Slide37Slide38Slide39Slide40Slide41Slide42Slide43Today's Top Docs
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