The Suquamish Tribe continues to play a significant role in the regional economy, according to a newly released economic impact study by respected economist John B. Taylor. The report outlines the Tribe’s wide-ranging contributions to Kitsap County and the state of Washington in 2023.
Key Highlights from the Study:
- Top Employer Status:
- The Suquamish Tribe ranks among the top five employers in Kitsap County, with 1,240 individuals employed across tribal government operations and a diverse portfolio of business enterprises.
- Robust Payroll Impact:
- The Tribe injects approximately $7.2 million into the local economy each month through payroll—amounting to over $85.5 million annually.
- Widespread Economic Influence:
- Tribal operations and investments contribute more than $250 million in annual gross economic impact within Kitsap County, and nearly $300 million statewide.
- Job Creation:
- The Tribe’s economic activity supports more than 2,200 jobs regionally through direct employment and broader economic ripple effects.
- Tax Revenue Generation:
- The Tribe’s business and employment activities generate over $19 million in state and local tax revenues annually through spending and hiring.
This study reinforces the Suquamish Tribe’s central role in driving economic growth, employment, and public revenue throughout the region.
“These numbers underscore that the Suquamish Tribe is not only a steward of culture and natural resources, but also a significant and growing economic engine for the entire region,” said Leonard Forsman, Chairman of the Suquamish Tribe. “Kitsap County lies within our ancestral homelands, and we are committed to investing in opportunities, goods, and services that benefit us all.”…