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The construction sector in Washington showed significant growth, with an increase of 5200 jobs between April 2022 and April 2023. The total employment in construction statewide reached 236,800, underscoring the industry's importance and contribution to the state's economy. Unemployment overall has remained low, with a rate of 3% in the Seattle/Bellevue/Everett area.

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In criticizing Fox "News," the late Steve Jobs famously said, "The axis today is not liberal and conservative, the axis is constructive-destructive, and you've cast your lot with the destructive people." Nationally, destructive policy comes from the right.

On the Planet Seattle, however, a good deal of destructive policy comes from the left. Chief example is the demand for construction impact fees by some on the City Council and among candidates for mayor and council posts. The claim is to "make growth pay for itself." And the implication is that developers are getting a free ride.

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By MBAKS Senior Policy Analyst Allison Butcher

The number of single family permits issued in 2018 in the Seattle metro area (King, Snohomish, and Pierce counties) fell 9 percent last year compared to 2017, while multifamily permits increased by 9 percent. These year-end numbers for the three-county region were driven by a decline in single family permits in Snohomish and Pierce counties, which saw 18 percent and 17 percent drops respectively. Likewise, Snohomish and Pierce counties’ multifamily permit numbers rose significantly in 2018 – by 71 percent in Snohomish County and 51 percent in Pierce County. Meanwhile, King County experienced a modest 2 percent increase in single family and a 2 percent drop in multifamily permits in 2018.

The Builder's Bulletin is intended to provide a convenient way to track housing in our market and includes information from the Northwest Multiple Listing Service, State of the Cities Data Systems, Office of Financial Management and the Washington State Employment Security Department.

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