|Along with salmon, Pacific Northwest reels in new residents||| Print ||
The Pacific Northwest remains a magnet for people moving from other states and other countries. Washington, Oregon and Idaho added about 953,500 people between Census Day 2000 and July 2006. The compound annual growth rate of these three states so far this decade — 1.39% — runs 39% faster than the national average.
At different stages in the economic cycle, population trends can either drive economic fundamentals or be driven by them. In the Pacific Northwest, population growth is both cause and effect of economic growth. People stream into the region to exploit the strongest employment growth so far this decade. Rising population in turn pushes demand higher for infrastructure, housing and all goods and services. The process feeds on itself.
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As you probably know by now, The Vernon Company is a national leader in the promotional products industry with annual sales of over $60 million. We are a family owned business, led by the fourth generation of the Vernon family.