Seattle City - Comprehensive Overview, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail

Seattle City - Comprehensive Overview, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail

Summary

“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.

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 2.1% of the national GDP. Key sectors such as technology and aerospace play a pivotal role, generating significant value output and employment. The aerospace sector, marked by achievements like BlackSky's growth and SpaceX's Starlink success, partially offset the negative impacts caused by the inflationary pressure and high interest rate in 2022

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. The Port's Tourism Marketing Support Program (TMSP) in 2022 and 2023 demonstrates concerted efforts to revive and sustain Seattle's tourism sector.
• The construction industry in the Seattle metropolitan area demonstrated significant growth in 2022, driven by ongoing projects across residential, institutional, and industrial and infrastructure sectors

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.