Industry News

Seattle joins list of nation’s top 10 regional economies

Photo by Wynand van Poortvliet on Unsplash

Puget Sound Business Journal | Paxtyn Merten

The Seattle metro area has broken onto the list of the top 10 regional economies in the United States, Greater Seattle Partners announced Tuesday.

After growing its real gross domestic product by 5.1% to $382.6 billion in 2019, the region outpaced former No. 10 Atlanta by about $10.8 billion, according to data from the U.S. Bureau of Economic Analysis (BEA).

Atlanta had the No. 10 spot since at least 2001, which is the earliest available BEA data. Seattle ranked 13th until 2006, when it surpassed Detroit, and in 2012 it surpassed Miami-Fort Lauderdale to claim the No. 11 spot.

Related posts

Certain home sales of $400,000 and under may soon not need an appraisal

jlspr

Nominate your listing for HGTV’s Ultimate House Hunt!

jlspr

John L. Scott represented at annual LeadingRE Conference

jlspr