Tri-Cities continues national lead in employment growth - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Tri-Cities continues national lead in employment growth

Tri-Cities continues national lead in employment growth

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KENNEWICK, Wash. --  A new study conducted by Garner Economics, a consulting firm out of Atlanta Georgia found the The Tri-Cities tops the nation in job growth for the first half of 2010 and continues to show growth in the months of June-July 2010. Since the March 2010 Garner Economics Job Growth in U.S. Metros Report, the Tri-Cities average monthly job growth rate has increased from 3.4% to 3.8% according to the July 2010 Garner Employment Analysis.  

Out of 372 Metropolitan cities, only 17 showed consecutive growth for five consecutive months.  Not only did our area have the highest growth rate, but there is only one other city, Sandusky, Ohio that had 17 consecutive months of growth.  Sandusky's growth rate fell short of the Tri-Cities with a 2.5% rate.

"Of course we have to recognize that a portion of the growth we have experienced occurred because of stimulus funding received by Hanford contractors. However, looking across the 17 month period the Tri-Cities has seen other areas of strong job growth in health care, the food processing industry, and manufacturing," said TRIDEC President and CEO Carl Adrian.

Adrian also says these statistics put the Tri-Cities on the national map for investors to come out here and set up new businesses, "They come to town and they see that the mall parking lot is busy, its nearly full.  They see shoppers out during the week.  They see new houses being constructed, they see new commercial buildings being constructed.  Most companies want to be someplace that is growing and where they believe their investment will appreciate."

For more information on the study click here

 

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