Report | Intelligent Investment
Puget Sound Economic Update Q2 2023
August 9, 2023 45 Minute Read
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The Puget Sound region continued to gain jobs during Q2 of 2023, mainly driven by the Hospitality, Financial Services and Manufacturing sectors. Despite continued challenges underwriting deals and financing business operations amidst hawkish monetary policy, overall consumer spending improved and equity markets again generated positive returns during the quarter.
The Seattle metro area added 31,500 jobs in Q2 of 2023.