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The News Tribune Business Team will keep you updated on what's happening in the South Sound and beyond. Check here for news about economic development, aerospace, shopping and much more.

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Got something to say? Here's the place to say it. We welcome your comments on what's going on in business in the South Sound that we should be discussing, reporting or analyzing here on our blog or in the pages of The News Tribune.

Contributors

Marce Edwards is the business editor. She has been at The News Tribune for seven years and has written about technology and big businesses in the South Sound including Weyerhaeuser and Russell. Before moving to Tacoma, she worked at The Idaho Statesman in Boise. She is a Northwest native who likes to garden and refuses to use an umbrella. She lives in Tacoma with her husband and two kids.

C.R. Roberts is a Tacoma native. Before joining The News Tribune, he worked as a freelance writer and part-time cowhand on a cattle ranch in Northern Idaho. He writes about small business, personal finance and other business issues.

John Gillie writes about the aerospace and airline industries, commercial development and consumer issues. During his 30-year-tenure at The News Tribune he has covered issues as diverse as the Native American fishing rights disputes, crime and the courts, the wood products industry and energy. He lived in Tacoma with his family for 25 years, but now lives in Kent because his wife heads a five-state non-profit foundation headquartered in Ballard, and it only seemed a sensible compromise to make considering their workplaces are 40 miles apart.

Kelly Kearsley has been a business reporter at The News Tribune since 2005. She covers the Port of Tacoma and international trade. Being born and raised in Spokane she’s used to living in cities with inferiority complexes and, in fact, prefers it. Prior to working at The News Tribune, she spent three years as a reporter for The Bulletin in Bend, Oregon and another year working stints for The Associated Press and Seattle Times. She graduated from Pacific Lutheran University. She lives in Tacoma with her husband and miniature schnauzer.

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Get the most up-to-date news, insights and analysis of Tacoma, Pierce County and South Puget Sound business.
Monday, April 28th, 2008
Posted by C.R. Roberts @ 01:32:32 pm

According to numbers released today by the Audit Bureau of Circulations, The News Tribune has followed a nationwide trend of circulation losses.

A News Tribune spokeswoman has emphasized that readership remains strong, and that the online presence of The News Tribune continues to grow.

Daily paid circulation of The News Tribune fell from 119,077 to 111,778, or 6.1 percent, from a year ago. Sunday circulation totaled 125,955 against a previous 131,212, for a decline of 4 percent.

Daily readership of The News Tribune in Pierce County stands at 282,381, said Cathy Brewis, News Tribune marketing director, and Sunday readership totals 322,751.

David Brown, News Tribune vice president of circulation, said, “We have increased the quality of our subscriptions. We are distributing fewer free copies to home subscribers.”

“We are retaining more of our existing subscribers,” Brewis said.

She also said online measurements continue to grow. The number of monthly unique visitors increased 7.5 percent for the six months just ended, at 829,027, versus the prior six months, at 770,824. Page views on thenewstribune.com grew 12.7% during same period with an average of 5.4 million pages viewed per month during the most recent six months.

Much of the loss in circulation was due to the planned elimination of “intermittent subscriptions,” which are less valuable to advertisers, Brewis said.

According to Bloomberg News, daily circulation nationwide dropped 3.6 percent and Sunday print circulation fell 4.6 percent. Among Seattle newspapers, daily circulation rose 0.8 percent and fell 3.4 percent on Sunday.

Categories: General
Posted by C.R. Roberts @ 08:04:00 am

I’ve found some interesting numbers in the Gross Business Income - Taxable Retail Sales report issued Friday by the Department of Revenue in Olympia.

Among a few selected sectors, with statewide totals for local, taxable retail sales by industry:

• Motor vehicles and parts were at $12,714,581,313 in 2007, up 2.31 percent from 2006.
• Furniture and home furnishings, $2,289,270,437, up 2.63 percent.
• Grocery and convenience stores, $3,047,344,024, up 4.22 percent.
• Book, periodical and music stores, $558,873,746, up 1.25 percent.
• Restaurants, food services and drinking places, $8,860,289,128, up 7.29 percent.
• The greatest increase came from e-commerce and mail order businesses, at $569,077,471, up 23.09 percent.
• The greatest decline was in “electronic markets, agents and brokers,” at $25,765,497, down 11.3 percent.

As for total sales (including those generated by construction other non-retail industries) from a few selected South Sound cities and towns:

• Algona was at $33,993,100, up 48.15 percent from 2006.
• Carbonado, $1,921,546, up 69.15 percent (and Carbonado nearly led state – placing behind only Hunts Point and Lake Stevens – with retail sales not including construction and other non-retailing industries at $752,107, up an impressive 234 percent. What’s going onin Carbonado?)
• DuPont, $110,306,852, up 25.47 percent.
• Fircrest, $31,528,769, down 0.60 percent.
• Gig Harbor, $601,465,022, up 14.24 percent.
• Lakewood, $881,471,538, up 7.36 percent.
• Puyallup, $1,769,138,865 , down 2.32 percent.
• Steilacoom, $30,750,892, up 27.17 percent.
• Sumner, $443,333,976, up 1.46 percent
• University Place, $232,362,711, up 8.57 percent.

For a look at a full range of reports from DOR, visit dor.wa.gov/Content/AboutUs/StatisticsAndReports/2007/qbrcal07/default.aspx

Categories: General
Posted by C.R. Roberts @ 07:21:00 am

The Bureau of Labor Statistics on Friday released the latest data tracking the Class of 2007 – the nearly 3 million youth who graduated from high school between October 2006 and October 2007. Among the numbers, as of October:

• 67.2 percent were enrolled in colleges or universities. The college enrollment rates were 68.3 percent for young women and 66.1 percent for young men.

• Among recent high school graduates enrolled in college in October 2007, 93.2 percent were enrolled as full-time students.

• The proportion of the student population with a job or looking for work was 37.3 percent for full-time students and 72.7 percent for part-time students.

• About 64.1 percent of recent high school graduates enrolled in college were attending 4-year institutions. Of these students, 31.4 percent participated in the labor force; in contrast, 54.7 percent of students enrolled in 2-year institutions were the labor force.

• Between October 2006 and October 2007, 426,000 people between the ages of 16 and 24 dropped out of high school. Hispanics represented a disproportionately large share of dropouts at 27.9 percent.

• In October 2007, 21.1 million young people between the ages of 16 and 24, or 56.2 percent of the 16- to 24-year-old population, were either enrolled in high school (9.7 million) or in college (11.3 million).

• Among college students, the labor force participation rate for part-time students (85.3 percent) was higher than for full-time students (48.6 percent). Female college students were more likely to be in the labor force than male college students – 56.6 per-cent versus 51.0 percent.

Categories: General