Seattle’s Economic Struggles Offer Warning for Policymakers

In a new column published by Townhall, Northwood University Endowed Chair of Leadership Dr. Brett Decker examines the economic pressures facing Seattle and the broader Puget Sound region — and the policy choices he argues are driving residents and businesses toward more affordable, business-friendly states.

Drawing on recent migration research from the Mercatus Institute, Decker notes that Washington is the largest source of new residents for Idaho, the nation’s top destination for relocating Americans. He points to Seattle’s high cost of living, falling homebuying demand, continued layoffs and challenging business climate as warning signs for state and local leaders.

“Seattle and the broader Puget Sound region still have enormous economic strengths,” Decker writes. However, he warns that businesses may increasingly favor states offering lower costs and fewer barriers to growth.

Decker argues that Washington policymakers should learn from states that are attracting residents, entrepreneurs and investment by fostering lower costs and a more competitive environment.

Read “The Emerald City Is Losing Its Shine” at Townhall.

Dr. Brett Decker is the Endowed Chair of Leadership at Northwood University. A New York Times bestselling author, he previously served as an editorial page writer for The Wall Street Journal and as senior vice president of communications at the Export-Import Bank of the United States and senior vice president of foundation at Pentagon Federal Credit Union.