Investing in Seattle’s Next Generation Infrastructure
The City adopted the Seattle Jobs Plan in August, 2010 with a commitment to measure and report on Seattle's economic progress. Beginning with this dashboard, the City will be reporting twice annually in August and February on five key indicators of Seattle's economic health:
- Business income
- Job growth
- Business start-ups and closures
- Educational system performance
- Distribution of income
These indicators will help us measure Seattle's economic performance over time, and focus our attention on the opportunities and challenges along the way.
Over the past year, we've continued to see the impacts of the national recession, with a decline in business income and overall employment. However, our residents have weathered these national downward trends better than most cities, with lower unemployment rates. As reflected in our new business start-up rates, Seattle continues to hold a comparative advantage through its diverse, talented and resilient people.
We invite you to visit the Office of Economic Development's website at www.seattle.gov/economicdevelopment for complete statistics of the Seattle Economic Indicators.
We have to build on our strengths to help Seattle compete in the global economy.