Economists: Cargo Terminal Will Bring Construction, Permanent Jobs

In the Thursday, November 3rd Bellingham Herald, John Stark reported that several local economists associated with Western Washington University had reviewed an economic impact analysis of the proposed Gateway Pacific Terminal and found that the project would add fewer temporary construction jobs but more permanent jobs than earlier estimated by the impact analysis:

“Input-output models are known to yield different results at times,” the local economists said in their written report. “Accordingly, the conservative reader could use our indirect and induced estimates as his or her preferred impact projections. The more optimistic reader could use Martin Associates.”

For more information, you can download both the Martin Associates report or the economist’s Review. A fact sheet is also available. And, of course, you can read the whole news story at The Bellingham Herald.