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What is the industrial sector in Seattle, USA?
The shipbuilding industry in the early 20th century also brought prosperity to Seattle. After World War II, Seattle's economy benefited from Boeing's prosperity brought by the development of commercial aviation industry. The depression of the aviation industry in the late 1960s and early 1970s forced many people to leave Seattle. Two local real estate developers posted slogans: "Please turn off the lights for those who leave Seattle last."
Seattle was the headquarters of Boeing until 200 1. In 200 1 year, Boeing Company indicated that it intended to move its headquarters and future Boeing 787 (Dreamliner) production line out of Washington State. Many cities are competing to become Boeing's headquarters and new production center with low taxes. Finally, Boeing's headquarters moved to Chicago, but the Boeing 787 production line remained in the Greater Seattle area. Seattle is still home to Boeing commercial aircraft, some Boeing factories and Boeing employees' credit union.
The recent development mainly comes from Microsoft and other software, Internet and communication companies, such as Amazon, RealNetworks and AT&T Wireless. Even the local Starbucks headquarters has invested in many Internet and software companies. This new development ended at the beginning of 200 1, but many of these companies are still quite strong.
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