City Profile - Seattle: Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail

 Published On: Nov, 2017 |    No of Pages: 34 |  Published By: MarketLine | Format: PDF
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Summary

Seattle-Tacoma-Bellevue metro area also referred to as Seattle metropolitan area (SMA) spreads over King County, Snohomish County, and Pierce County in the US. The area’s accounts for 1.7% of the national GDP. Rapid growth in the industry and tertiary sectors and improvements in professional / business services and real estate are expected to be major drivers of growth.

Synopsis

“City Profile - Seattle” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Seattle. The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

Scope

-The Industry and service sectors remain the key contributor to the regional economy - and the major employers.
- Seattle is one of the key tourist destinations for both domestic and international tourists and witnessed a significant growth. Strong performance is observed in the construction sector with increasing employment, number of building permits issued and building completions.

Reasons to buy

- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents
City Snapshot 2
PEST Analysis 6
Political 6
Economic 7
Social 16
Technology and Infrastructure 21
Communications 21
Internal Transport Networks 21
Connectivity 22
Airports 24
Business Environment Analysis 26
Travel and Tourism 28
Tourism Flows 28
Hotels 28
Attractions 29
Events 29
Construction and Real Estate 30
Investment 30
Real Estate Market 31
Retail 33
Retail Market 33
Consumption, Income and Prices 34
Appendix 35
Sources 35
Further Reading 35
Ask the analyst 35
About MarketLine 35
Disclaimer 35

List of Tables
Table 1: Seattle metropolitan area - key facts (estimates),2016 2
Table 2: Seattle metropolitan area - real GDP growth, 2000-25 9
Table 3: Seattle metropolitan area - economic growth comparison, (Index 2010=100), 2000-25 11
Table 4: Seattle metropolitan area - GDP per capita comparison, 2000-25 13
Table 5: Seattle metropolitan area - employment structure, 2000-25 (% of total) 15
Table 6: Seattle metropolitan area - main universities, 2017 16
Table 7: Seattle metropolitan area - population comparison, 2000-25 18
Table 8: Seattle metropolitan area - population by age, 2000-25 (% of total) 20
Table 9: Seattle metropolitan area - annual metro ridership (2012-16) 22
Table 10: Seattle King County metro transit (2012-16) 22
Table 11: Seattle Port statistics, 2016 22
Table 12: Seattle Port - Cruise statistics, 2014-17 23
Table 13: Sea-Tac Airport - key airport indicators 24
Table 14: Seattle city - Fortune 500 Companies with main HQ in the city 26
Table 15: Seattle city - office rents, Q2 2017 26
Table 16:Seattle city - MICE and Other Events 28
Table 17: Seattle city- existing properties and absorption, Q2 2017 31

List of Figures
Figure 1: Seattle metropolitan area - real GDP growth, 2000-25 8
Figure 2: Seattle metropolitan area - economic growth comparison, (Index 2010=100), 2000-25 10
Figure 3: Seattle metropolitan area - GDP per capita comparison, 2000-25 12
Figure 4: Seattle metropolitan area - employment structure, 2000-25 (% of total) 14
Figure 5: Seattle metropolitan area - population comparison, 2000-25 17
Figure 6: Seattle metropolitan area - population by age, 2000-25 (% of total) 19


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