Optimism Amongst the Angst? — Seattle Market Review, January 2012

In the January 2012 edition of The Seattle Market Review we learn that while the sluggish economic climate still remains a challenge, Seattle seems, for the moment at least, to be less strained than most other parts of the country. Leading regional economist and forecaster Dick Conway says that even though the national economy is a mess and likely will remain so for the next five years, depending on political outcomes, there are some reasons for optimism in the greater Seattle market area and Puget Sound region.

Thanks to our high-tech and bio-tech industries and some stabilization and growth for Boeing and its supporting aerospace partners, Seattle currently ranks second only to San Francisco as a top market for investment in office and retail properties over the next 5 years. In addition, the Pacific Northwest is a “region to watch” in 2012 based on in-migration and a varied economy.

Some big store openings, expansion and significant hiring movement bode well for the Emerald City and the Seattle-Tacoma market. These highlights and more are in the January 2012 edition of Seattle Market Review (<– click link to download) or have it delivered free to your inbox every month by signing up with curator and editor, Steve Fuller, at sfuller@seattletimes.com.

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