Archive of: Thurston County

Title Issue

Conference to study small biz future

Small business owners and policymakers from around the state will gather in SeaTac next week to discuss the state's business climate and ideas for how policymakers can make Washington more supportive of businesses and job growth.

Washington Policy Center's biennial Small Business Conference comes as Boeing announced its decision to build a 2nd 787 line in South Carolina, a move which shows the state faces serious competitiveness challenges from other states.

November 2009

Business impacts of election unclear

Because so many local election contests are still too close to name a victor, the impacts for South Sound businesses from yesterday's voting remain unclear.

Through the first three releases (up to 5 a.m. today) of Pierce County vote totals, a very narrow margin has Marilyn Strickland leading Jim Merritt for Tacoma mayor.

November 2009

Small business owners gain optimism

Optimism among small business owners improved during October, driven by improved outlook for revenue, capital spending and hiring, according to the latest results of the quarterly Wells Fargo/Gallup Small Business Index.

Concluded Oct. 9, the score came in at minus-15, a net six-point increase from the previous survey conducted in July 2009. However, it remains well below the Index high of 114 (in December 2006).

November 2009

Commercial construction not happening

Despite the increase in housing construction, private nonresidential construction spending slipped 1.8 percent in September, according to the Nov. 2 report by the U.S. Census Bureau.

On a year-over-year basis, private nonresidential construction spending is down 15.4 percent. Meanwhile, total nonresidential construction spending, which includes both private and public construction, fell 0.4 percent to $676.2 billion from August and is down 6.5 percent from September 2008.

November 2009

New/old leader for Golf Savings

Sterling Financial Corporation announced today that Donn C. Costa has been named acting president of Golf Savings Bank, subject to regulatory approval.

Headquartered in Mountlake Terrace, Golf Savings is a wholly-owned subsidiary of Sterling and a leading originator of home loans in the Pacific Northwest.

October 2009

St. Peter Hospital wins awards

Providence St. Peter Hospital has been recognized as the area's top hospital by the National Research Corporation. The Consumer Choice Award identifies hospitals health care consumers have chosen as having the highest quality and image in over 300 markets throughout the U.S.

St. Peter's Public Relations unit has also won one "Platinum Award" and two "Gold Awards" in the 2009 MarCom Awards competition. There were almost 5,000 entries from throughout the United States and several foreign countries in the 2009 competition.

October 2009

Olympia port setting records

Port of Olympia Finance Director Kevin Ferguson reported historically high financial results for the nine months ending with the third quarter 2009 at the regular Port Commission meeting this week.

"For the first nine months, the Port is showing historic highs and we expect this trend to continue through year end," said Ferguson.

October 2009

GOP legislator responds on Boeing

"Although today's announcement was the blow we hoped would not come, it is also a call to action," said Sen. Mike Hewitt, the minority leader of the Senate.

"The next battle starts today, right now. We must do everything we can to retain the 737 line and keep all present and future aerospace jobs in Washington," Hewitt said. "Today we lost thousands of jobs. We cannot afford to lose thousands more."

October 2009

Data shows workforce, jobless growth

Unemployment rates were higher in September than a year earlier in 371 of the 372 metropolitan areas in the U.S. and lower in just one area, according to a new report today from Bureau of Labor Statistics.

Bethesda-Rockville-Frederick, Maryland, is the only metropolitan area in the country where employment increased year-over-year.

Within the Tacoma-Seattle-Bellevue statistical calculations, the numbers of persons comprising the available civilian labor force grew by 56,500 from September 2008 to 2009.

October 2009

Boeing names South Carolina for 787 line

Boeing just announced that it has chosen its North Charleston, S.C., facility as the location for a second final assembly site for the 787 Dreamliner program.

Until the second 787 assembly line is brought on line in North Charleston, Boeing will add transitional surge capability to its Everett location. When the second assembly line in Charleston is up and operating, the surge capability in Everett will be phased out.

October 2009
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