Wenatchee Employment Outlook
Recent employment reports should bode well for the continued strength in the real estate market here in Wenatchee, Washington. Homes and land are selling well, and there is a lot of commercial activity going on.
According to a recent article in the Wenatchee World newspaper, Chelan & Douglas counties gained 2,300 more jobs in the non-agricultural sectors, during Feburary than in the same period last year. This computes to a 6.5% increase and nearly twice the Washington state average of a 3.5% increase
Of the 2,300 new jobs, it is reported that 700 were in construction, 400 in retail, 300 in education & health services, 200 in hotels & restaurants and 200 in government (which includes school jobs). The rest were classifid in "miscellaneous" categories. Overall, the state employment figures seem to be the strongest in about 10 years.
This employment news, along with our diverse local economy, creates a sense of confidence in a strong atmosphere for real estate sales in the Wenatchee (and surrounding) area. Our diverse economy is currently supported by major employers in the following areas (not in any particular order): hydroelectric power production, aluminum production, agriculture, medical services, government, education and administrative services... AND, of course, tourism.
Life is good in Wenatchee!
e-mail: Carol@TopPropertiesWenatchee.com
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