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Download Newsletter - Anacortes

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4<br />

MacGregor<br />

“The Plaid Books”<br />

2009 Economic Metrics<br />

key goal of the chamber’s Economic<br />

A Development division last year was to<br />

assemble a quarterly metric for membership<br />

use. The intent: a tool that could isolate<br />

specific areas of the local economy and<br />

provide a snapshot of our economic health.<br />

Two of the key areas of this metric—taxable<br />

retail sales and hotel/motel tax receipts—are<br />

delayed by the state’s Department of Revenue<br />

by two months. As such, we have just<br />

recently received final numbers. Please find<br />

below a brief synopsis.<br />

Sales & Use Tax Payments to the City of<br />

<strong>Anacortes</strong> declined materially to $2.6M in<br />

2009. This was down from $3.2M in 2008<br />

(-19%) and from $3.6M in 2007 (-28%).<br />

Based on industry data through the first nine<br />

months of 2009, we know that the bulk of<br />

this decline centered around boat sales and<br />

construction activity.<br />

Hotel/Motel Taxes—a good proxy for hotel<br />

stays—declined incrementally to $231K in<br />

2009. This was down from $239K in 2008<br />

(-3%) and from $245K in 2007 (-6%).<br />

Say Yellow<br />

to the Future<br />

17869 SR 536 • Mount Vernon, WA 98273 USA • (360) 336-6171 • Fax (360) 428-3052<br />

www.yellowbook.com<br />

Good News for the Trestle<br />

Star Bar & Epicure raised $5000<br />

at Havana Nights for the Trestle<br />

Fundraiser—congratulations,<br />

and thanks!<br />

NAVIGATING<br />

THE FUTURE<br />

A Resource and Information Fair for Seniors<br />

Friday, September 10th<br />

11:30 am to 3:30 pm<br />

Retirement... Where Life Begins!<br />

Home Sales declined to 208 in 2009. This was<br />

down from 243 in 2008 (-14%) and from 334<br />

in 2007 (-38%). Interestingly in the second<br />

half of last year, the number of sales actually<br />

increased by 17% (127 vs 108 in 2008), a sign<br />

that this key indicator may be turning around.<br />

Note: this also reflects the reality of lower<br />

pricing, with the average selling price declining<br />

over the second half of the year, from $411K in<br />

2008 to $352K last year.<br />

Permitting Activity declined to 421 in 2009.<br />

This was down from 497 in 2008 (-15%) and<br />

from 742 in 2007 (-43%).<br />

Hang Glide Off Mt. Erie!<br />

A Business to Business Trade Show<br />

Thursday, April 15, 2010<br />

4:00 pm to 8:30pm<br />

Van Zyverden Bulb Warehouse<br />

Port of Skagit County<br />

12035 Higgins Airport Way<br />

Reserve your booth space or order your tickets today by calling<br />

336-6114 or visit www.skagit.org.<br />

Don’t miss this perfect opportunity to become the<br />

“Talk of the Town.”<br />

Activity at the marina picked up from 2008.<br />

Transient Boat Nights—a measure of slip<br />

usage—increased to 11,616 last year. This<br />

was up from 10,298 in 2008 (+13%) and<br />

down from 12,511 in 2997 (-7%). Another<br />

measure—Boat Launches—were also up in<br />

2009, increasing from 3,121 in 2008 to 3,417<br />

last year (+9%).<br />

Consistently the data reflect gradual improvement<br />

over the last six months of 2009 yearover-year<br />

but remaining below 2007 levels.<br />

We will continue to provide quarterly updates<br />

as the information is received.<br />

D ue to popular demand, the chamber will be offering a special Business After Hours on<br />

April 1. One of our new members—Rick “Ripcord” Raponski of Almost Flawless Hanggliding—will<br />

be sponsoring a BAH event at the top of Mt. Erie. For those of you Steve Miller<br />

fans who have always wanted to “fly like an eagle,” don’t miss this unique opportunity to get a<br />

bird’s eye view of your chamber from at least a couple hundred feet up on your way off-island.<br />

Please RSVP to the chamber office (293-7911), as we need a valid list for insurance<br />

purposes.

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