More Good Economic News

The City Of Seattle was one of 25 cities to win the Business Administration's competition as a "Start-Up City," and will receive funds to develop tools that will make business permitting so straightforward that entrepreneurs can "startup in a day."

In addition to that honor, the Global StartUp Ecosystem report recently ranked Seattle number 8 in the list of top twenty cities in which to do a start-up, out-ranking both Berlin and Paris for that honor.

WalletHub recently named Seattle #6 on the list of 150 most educated cities. Seattle was also named the number one city in the country for jobs by WalletHub.

Inc. magazine reports that Seattle is in the top ten cities (#7) where small businesses with fewer than 99 employees thrive. Austin, TX is number one on their list.

Washington state added 15,300 new construction jobs between July 2014 and July 2015, according to a new report by the Association of General Contractors of America. Only two states — California and Florida — added more construction jobs during the same period.

Trulia list of 2015's Hot Housing Markets to Watch ranked Seattle as number 10. 

Seattle is a perennial favorite on Top Ten lists - and it is easy to see why!

Happy Investing!

Seattle Business Investment

Inc. magazine reports that Seattle is in the top ten cities (#7) where small businesses with fewer than 99 employees thrive. Austin, TX is number one on their list.

Matt Ryan, Global Chief Strategy Officer for Starbucks Coffee Company reported at the recent Annual Rainier Chamber luncheon that, "The companies that invest in doing the right thing will benefit in the future." As an example, Starbucks has invested heavily in fair trade coffee, provides health care and free college education for employees.

The Puget Sound Business Journal reports that Chinese investment in the Puget Sound region is about to go beyond real estate. A Chinese venture capital group based in Shenzhen wants to open an office in the Seattle area so it can invest in the region's tech and biotech industries. "They're very serious about making their first mark here in the Seattle area and we're definitely working closely with them," said Office of Economic Development director Brian Surratt, who also noted that the city's talks with this venture firm are all part of a deliberate push by Mayor Ed Murray's administration to try to draw more foreign direct investment to Seattle.

Happy Investing!

Photo courtesy of Lesley Blyth

Seattle Tops for Jobs

Seattle was recently named the number one city in the country for jobs by WalletHub. The top ten cities for jobs are all located west of the Mississippi.

Seattle is one of the fastest-growing cities and the country's 21st largest, and boasts a variety of large employers, like Amazon, Starbucks, Microsoft and Nordstrom. Read the complete article here.

Happy Investing!

Hottest Housing Markets

Seattle has made the Top Ten List again as one of the hottest markets in which to invest in real estate! Our City is a perennial favorite when it comes to investment, given our strong economy and high quality of living.

This time, the list was compiled by Trulia as 2015's Hot Housing Markets to Watch. Seattle made it onto the list as number 10. The other nine markets on the list were as follows:

Boston

Dallas

Fresno

Middlesex County, MA

Nashville

New York

Raleigh

Salt Lake City

San Diego


Trulia's Chief Economist selected these 10 markets due to "strong fundamentals for housing activity. These include solid job growth, which fuels housing demand, and a low vacancy rate, which spurs construction. We gave a few extra points to markets with a higher share of millennials."



Trulia avoided those markets where housing prices appeared to be at least 5% over-valued.


So why invest anywhere else?


Happy Investing here in Seattle!


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