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Jon Talton

Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.

Topic: construction

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July 2, 2013 at 10:28 AM

Warehouses, waterways, construction, wood, jobs and jets

Catching up:

• John Boyd of the location consulting firm The Boyd Co. gave a presentation here last month. It listed Seattle 10th among 29 cities in the western United States and Canada for operating costs of distribution warehouses. The cost in Seattle totaled nearly $19 million annually. In Tacoma, the total was $16.3 million; Spokane came in at $16 million; Portland, $15.6 million. At $23.6 million, Vancouver, B.C. led the list and the lowest operating cost was Quincy, Wash., at $14 million. After the recession, the report stated, “communities are actively courting logistics industries because the economic benefits are clear and compelling.”

• The American Waterways Operators annual report was released, examining the impact of the tugboat, towboat and barge industry. The trade association offers an encyclopedic look at the performance, challenges and issues of this industry that remains a foundation of the Puget Sound Economy.

• The property and construction consultants Rider Levett Bucknall reported that construction costs in the first quarter of the year in Seattle were less than 1 percent. It was among the lowest in the 12 cities surveyed.

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