News

Economic Development: Metro ranking points to Spokane advantage

up trend

The Spokane economy is experiencing more than six consecutive months of employment growth as recognized by SYNEVA Economics, an Asheville, North Carolina, private research and information firm focused on regional economic analysis. They recently named the Spokane-Spokane Valley MSA as one of the top metro high-growth leaders on their Metro Watch List. This ranking evaluates metros with average hourly earnings above the national metro average and their average annual growth rate of earnings. Spokane-Spokane Valley’s average hourly earnings of $23.61 is 5.3% higher than the US metro average of $22.42.

The firm indicates that their analysis may reflect the local impact of stronger labor demand or a unique mix of high-wage industries that are driving growth, which aligns with results from our regional Employment Security Department.

To read more about the report, visit http://syneva.com/wp-content/uploads/2016/02/SYNEVA-Economics-Metro-Leaders-Laggards-Press-Release-January-2016.pdf

And visit our site to learn more about our Economic Development efforts.

 

 

 

 

Share

Leave a Comment

Related Articles

January 31, 2023

By Gary Ballew, CEcD, VP, Economic Development If you have driven west on I-90 you may have noticed a number of massive buildings under construction...
Posted in: Public Policy

January 30, 2023

By Jim Hedrick, GSI WA State Lobbyist and Spokane Regional Advocate On Tuesday the Senate Labor and Commerce Committee heard the latest version of an...
Posted in: Public Policy

January 25, 2023

By Jim Hedrick, GSI WA State Lobbyist and Spokane Regional Advocate We’re into the second week and Legislative Democrats have rolled out several of their...
Posted in: Public Policy
Scroll to Top