Item No. 2x supp 9b
.
Meeting Date: 01/30/2018

PORT OF SEATTLE

Sea-Tac International Airport Economic Impacts
Port Commission Public Meeting
January 30, 2018

1/12/2018

DISCUSSION DRAFT

1

AGENDA
Sea-Tac International Airport Economic Impacts

Direct Impacts of Sea-Tac

Economic Impacts of Sea-Tac
Community Impacts

2
January
30, 2018

2

DIRECT IMPACTS OF SEA-TAC
Economic Impacts of Sea-Tac International Airport, 2017

Category

Jobs

On-site Airport Activity
Passenger Airlines and Services
Airport Services and Vendors
Ground Transportation*
Contract Const. and Consulting
Air Cargo
Visitor Impacts
Total

19,100
6,700
7,500
600
2,000
2,300
68,200
87,300

Business
Revenue
(mils 2017 $)
$5,574.8
$2,386.3
$1,575.4
$318.8
$498.3
$796.0
$5,906.5
$11,481.3

Wages
(mils 2017 $)
$1,109.8
$399.4
$412.5
$25.2
$124.1
$148.6
$1,878.0
$2,987.8

Compensation
(incl. Benefits)
(mils 2017 $)
$1,403.0
$503.2
$519.4
$31.5
$153.7
$195.1
$2,247.8
$3,650.8

Source: Washington State Employment Security Department, 2017; Washington State Office of Financial Management, 2017; U.S.
Bureau of Labor Statistics, 2017; Port of Seattle, 2017; Community Attributes Inc., 2017.
*The ground transportation direct estimates only include the impact of car rental activities as estimated from the 2017 Car Rental
Gross Sales data. The impact of other forms of ground transportation to and from the Airport such as cabs are captured as part of the
Visitor Impacts.

January 30, 2018

3

ECONOMIC IMPACTS OF SEA-TAC, WASHINGTON
Economic Impacts of Sea-Tac International Airport, 2017
On-site Airport
Activity

Visitors

Total

44,000

107,400

151,400

Total Compensation (mils 2017 $)

$2,760.2

$4,339.3

$7,099.5

Business Revenue (mils 2017 $)

$10,120.5

$12,357.5

$22,477.9

Jobs

Source: Washington State Employment Security Department, 2017; Washington State Office of Financial Management, 2017; U.S.
Bureau of Labor Statistics, 2017; Port of Seattle, 2017; Community Attributes Inc., 2017.

• Sea-Tac International Airport's on-site activities support an additional 1.3
jobs for every direct job.
• Overall, the airport supports a total of 1.7 jobs per direct job throughout
the Washington economy.
• Every dollar of direct output of Sea-Tac's onsite activities supports an
additional $0.82 of output throughout Washington's economy.
• In total every dollar of output of Sea-Tac International Airport supports a
total of $1.96 throughout the Washington economy.

January 30, 2018

4

AIRPORT WORKERS BY CITY OF RESIDENCE, 2017
Community Impacts

Source: Port of Seattle, 2017; Community Attributes Inc., 2017.

January 30, 2018

5

AIRPORT EMPLOYMENT AND LABOR FORCE BY CITY
Community Impacts
Estimated Airport
Employment
Seattle
1,720
Federal Way
1,500
Kent
1,420
SeaTac
1,050
Tukwila
1,030
Tacoma
970
Des Moines
740
Renton
580
Burien
540
Auburn
530
Lakewood
270
Bellevue
210
Puyallup
160
Fife
150
Normandy Park
100
Shoreline
100
City

Labor Force
(16 years +)
418,400
49,640
65,660
14,850
10,730
106,250
16,670
55,630
26,040
38,200
29,020
74,660
20,770
5,440
3,710
30,990

Share of Labor
Force
0.4%
3.0%
2.2%
7.1%
9.6%
0.9%
4.4%
1.0%
2.1%
1.4%
0.9%
0.3%
0.8%
2.8%
2.7%
0.3%

Source: Port of Seattle, 2017; American Community Survey, 2017; Community Attributes, 2017.

January 30, 2018

6

• Seattle, Federal
Way, Kent, SeaTac
and Tukwila are
home to more than
1,000 airport
employees.
• Among cities with
more than 100
airport employees,
these employees
make up more than
4% of the total
resident labor force
in Tukwila, SeaTac
and Des Moines.

SEATAC
Economic Activity Driven by Sea-Tac International Airport, 2017

Sources: Port of Seattle, 2017; Puget Sound Regional Council, 2017; Washington State Office of Financial Management, 2017; U.S. Census Bureau, 2017; Washington
State Employment Security Department, 2017; U.S. Bureau of Economic Analysis, 2017; Community Attributes, 2017..

January 30, 2018

7

BURIEN
Economic Activity Driven by Sea-Tac International Airport, 2017

Sources: Port of Seattle, 2017; Puget Sound Regional Council, 2017; Washington State Office of Financial Management, 2017; U.S. Census Bureau, 2017; Washington
State Employment Security Department, 2017; U.S. Bureau of Economic Analysis, 2017; Community Attributes, 2017.

January 30, 2018

8

DES MOINES
Economic Activity Driven by Sea-Tac International Airport, 2017

Sources: Port of Seattle, 2017; Puget Sound Regional Council, 2017; Washington State Office of Financial Management, 2017; U.S. Census Bureau, 2017; Washington
State Employment Security Department, 2017; U.S. Bureau of Economic Analysis, 2017; Community Attributes, 2017..

January 30, 2018

9

NORMANDY PARK
Economic Activity Driven by Sea-Tac International Airport, 2017

Sources: Port of Seattle, 2017; Puget Sound Regional Council, 2017; Washington State Office of Financial Management, 2017; U.S. Census Bureau, 2017; Washington
State Employment Security Department, 2017; U.S. Bureau of Economic Analysis, 2017; Community Attributes, 2017.

January 30, 2018

10

TUKWILA
Economic Activity Driven by Sea-Tac International Airport, 2017

Sources: Port of Seattle, 2017; Puget Sound Regional Council, 2017; Washington State Office of Financial Management, 2017; U.S. Census Bureau, 2017; Washington
State Employment Security Department, 2017; U.S. Bureau of Economic Analysis, 2017; Community Attributes, 2017.

January 30, 2018

11

FEDERAL WAY
Economic Activity Driven by Sea-Tac International Airport, 2017

Sources: Port of Seattle, 2017; Puget Sound Regional Council, 2017; Washington State Office of Financial Management, 2017; U.S. Census Bureau, 2017; Washington
State Employment Security Department, 2017; U.S. Bureau of Economic Analysis, 2017; Community Attributes, 2017..

January 30, 2018

12

QUESTIONS?

January 30, 2018