Ties That Bind 2004
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TIES THAT BIND
The Enduring Economic Impact
Natural Partners • 2003 Exports from Puget Sound: $3.8 Billion • Direct Jobs in the Puget Sound Area: 46,138 • Direct Labor Earnings: $2.2 Billion
Growth Amid Changing Economies
Growth Amid Changing Economies • 2003 Puget Sound Direct and Indirect Labor Earnings Connected to Alaska: $4.3 Billion • 2003 Puget Sound Direct and Indirect Jobs Connected with Alaska: 103,518
Market Sectors • • • • • • •
Transportation Cruise Industry Petroleum Fisheries Services Federal Spending Manufacturing
Transportation
Transportation • 2003 Puget Sound Jobs Related to Alaska Transportation: 9,948 • 2003 Puget Sound Labor Earnings Related to Alaska Transportation: $525 million
Cruise Industry
Cruise Industry • 2004 Cruise Passengers in Seattle: 550,000
Petroleum
Petroleum
• 2003 Puget Sound Direct and Indirect Jobs Connected to Petroleum Refining: 9,569 • 2003 Puget Sound Direct and Indirect Labor Earnings Connected to Petroleum Trade: $419 million
Fishing
Fishing • 2003 Puget Sound Direct and Indirect Jobs Connected to Alaska Fisheries: 26,929 • 2003 Puget Sound Direct and Indirect Labor Earnings Connected to Alaska Fisheries: $1.15 Billion
Services
Services • 2003 Puget Sound Direct and Indirect Jobs Connected with Services for Alaskans: 23,343 • 2003 Puget Sound Direct and Indirect Labor Earnings Connected with Services for Alaskans: $895 million
Federal Spending
Federal Spending
• 2003 Puget Sound Exports Related to Federal Spending in Alaska: $86 million. • 2003 Puget Sound Direct and Indirect Jobs connected with Federal Spending in Alaska: 1,295
Manufacturing
Manufacturing • 2003 Puget Sound Direct and Indirect Manufacturing Jobs Related to Trade with Alaska: 6,973 • 2003 Puget Sound Direct and Indirect Manufacturing Labor Earnings Related to Trade with Alaska: $326.8 million.
Conclusions
EXPANDING, EVOLVING
ENDURING
The Enduring Economic Impact
Natural Partners • 2003 Exports from Puget Sound: $3.8 Billion • Direct Jobs in the Puget Sound Area: 46,138 • Direct Labor Earnings: $2.2 Billion
Growth Amid Changing Economies
Growth Amid Changing Economies • 2003 Puget Sound Direct and Indirect Labor Earnings Connected to Alaska: $4.3 Billion • 2003 Puget Sound Direct and Indirect Jobs Connected with Alaska: 103,518
Market Sectors • • • • • • •
Transportation Cruise Industry Petroleum Fisheries Services Federal Spending Manufacturing
Transportation
Transportation • 2003 Puget Sound Jobs Related to Alaska Transportation: 9,948 • 2003 Puget Sound Labor Earnings Related to Alaska Transportation: $525 million
Cruise Industry
Cruise Industry • 2004 Cruise Passengers in Seattle: 550,000
Petroleum
Petroleum
• 2003 Puget Sound Direct and Indirect Jobs Connected to Petroleum Refining: 9,569 • 2003 Puget Sound Direct and Indirect Labor Earnings Connected to Petroleum Trade: $419 million
Fishing
Fishing • 2003 Puget Sound Direct and Indirect Jobs Connected to Alaska Fisheries: 26,929 • 2003 Puget Sound Direct and Indirect Labor Earnings Connected to Alaska Fisheries: $1.15 Billion
Services
Services • 2003 Puget Sound Direct and Indirect Jobs Connected with Services for Alaskans: 23,343 • 2003 Puget Sound Direct and Indirect Labor Earnings Connected with Services for Alaskans: $895 million
Federal Spending
Federal Spending
• 2003 Puget Sound Exports Related to Federal Spending in Alaska: $86 million. • 2003 Puget Sound Direct and Indirect Jobs connected with Federal Spending in Alaska: 1,295
Manufacturing
Manufacturing • 2003 Puget Sound Direct and Indirect Manufacturing Jobs Related to Trade with Alaska: 6,973 • 2003 Puget Sound Direct and Indirect Manufacturing Labor Earnings Related to Trade with Alaska: $326.8 million.
Conclusions
EXPANDING, EVOLVING
ENDURING
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