Michael Luis is a public policy consultant who has been wrestling with housing, growth and economic development issues around Washington State for over 30 years. He is author of several books on local history and served as mayor of Medina.
Goods producing sectors–mostly construction and manufacturing–are getting closer to the old normal, while services in general lag behind. Both GDP and employment will likely see long tails of recovery as high-touch services wait for safety and customers to return.
Seattle’s drop in October is even larger than in September and is right up there with the markets feeling the most pain. As with the regional data, it is difficult to see any national pattern.
A tight culture has more strongly enforced rules and less tolerance for deviance, while a loose culture has fewer strongly enforced rules and greater tolerance for deviance.
Washington State is home to a number of large military installations that employ tens of thousands of uniformed and civilian personnel, making it one of the largest concentrations of military activity in the country.
Software and internet industries pay 11 percent of all wages paid in the state. This is larger than all private sector industries and second only to the total of government wages. Software may not be eating the jobs numbers, but it is rapidly eating the income numbers.
Every mayor and community development director in the country is trying to figure out how migration and settlement patterns, both national and local, will shake out in the post pandemic world, and there are few solid hints so far.