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Federal Way Economic Recovery Dashboard

This dashboard tracks data on the Federal Way economic recovery following the impact of covid-19. Key indicators shown below follow two main categories: Small Businesses and Employment & Hiring. As traditional economic and labor market data sources have significant lag time, this dashboard pulls from a wide range of unique sources from Credit Card Transactions to Foot Traffic to Job Openings.

Data are updated as of the date below and each dataset has its own frequency and lag time.

Dashboard updated: 5/12/2023

Home Value Trend

Foot Traffic by Location

Foot traffic data are aggregated from smart phone apps, anonymized for privacy protection and then summarized by % change from baseline periods. In this case we are showing % change by location for preceding week and from a pre-covid baseline.

Employment and Hiring

Job Postings

Job postings data are aggregated from job posting sites, de-duplicated and summarized by monthly total volume. This data point is helpful in understanding business activity that precedes actual hiring.

All Industries

30 Day Job Postings Trend Comparison

Retail

30 Day Job Postings Trend Comparison

Medical

30 Day Job Postings Trend Comparison

Manufacturing

30 Day Job Postings Trend Comparison

Data


METHODOLOGY

This report includes totalling 125,450 data points from 30 measures, collected from 2 public sources (described below). We also estimated 21,627 data points based on our estimation and projection methodology.

Some of the summary data included in the report may not include suppressed data. Data suppression occurs in cases where private, identifying information would be disclosed. In most cases, this does not impact the total values presented in the report, but in cases where there are small industries or areas, data suppressions may reduce the accuracy of the data we can display.


SOURCES
  • American Community Survey

    Website: https://www.census.gov/programs-surveys/acs/data.html
    Data Year: 2029

    The American Community Survey (ACS) publishes a rolling 5-year average profile of American communities.

    Measures

    Population, Race, Median Household Income, Unemployed Population, Employed Population, Population Below Poverty Level, Population with High School Diploma, Population with College Degree, Households, Median Home Value, Median Rent, Rent as Percentage of Income, Median Age, Poverty Rate, Percentage with High School Diploma, Percentage with College Degree, Unemployment Percentage

    Populations

    Total, White alone, Black or African American alone, American Indian and Alaska Native alone, Asian alone, Native Hawaiian and Other Pacific Islander alone, Some other race alone, Two or more races:

  • Quarterly Census of Employment and Wages

    Website: https://www.bls.gov/cew/
    Data Year: 2029

    The Quarterly Census of Employment and Wages (QCEW) program publishes a quarterly count of employment and wages reported by employers covering more than 95 percent of U.S. jobs, available at the county, MSA, state and national levels by industry.

    Measures

    Total Annual Wages, Taxable Annual Wages, Firms, Employment Level, Annual Contributions, Employment Growth (YoY Change), Firms (YoY Change), Wage Growth (YoY Change), Yearly Pay Growth (YoY Change), Average Industry Pay, Employment vs US Average, Wages vs US Average, Yearly Pay vs US Average

    Populations

    11 - Agriculture, Forestry, Fishing and Hunting, 21 - Mining, Quarrying, and Oil and Gas Extraction, 31-33 - Manufacturing, 22 - Utilities, 23 - Construction, 42 - Wholesale Trade, 44-45 - Retail Trade, 48-49 - Transportation and Warehousing, 51 - Information, 53 - Real Estate and Rental and Leasing, 55 - Management of Companies and Enterprises, 56 - Administrative and Support and Waste Management and Remediation Services, 61 - Educational Services, 62 - Health Care and Social Assistance, 52 - Finance and Insurance, 72 - Accommodation and Food Services, 81 - Other Services (except Public Administration), 92 - Public Administration, 71 - Arts, Entertainment, and Recreation, 54 - Professional, Scientific, and Technical Services,