It's always nice to see a couple of pieces of good news for the economy popping up.
The first good news to hit us was the announcement that Boeing won the $35 billion dollar contract to build air-refueling tankers for the Air Force. Keeping Boeing busy and staffed has always been great for our local economy and Boeing estimates that this deal will secure 11,000 direct and indirect jobs here.
According to the Puget Sound Business Journal, Dendreon, a biotech company, will be leasing not only space in the Russell Investments Center in Seattle's Downtown but also space in the Earl Davie Building in South Lake Union. About 275,000 square feet of office space will be leased out to this cancer fighting company. It is always nice to see businesses expanding and this can often be a good sign of things to come.
As reported by the Seattle Times, Washington State saw gains in our job growth last month, the best its seen in three years. This dropped our unemployment rate from last month. Seeing the largest addition of new jobs since before the recession is great news. Hopefully this trend will continue.
Cheers to a brighter and more financially secure 2011!
Sources: Puget Sound Business Journal, Seattle Times
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