New Report Highlights Steady Job Creation, Easing Inflation, and Housing Affordability Struggles. The Tacoma-Pierce County Chamber (TPCC) presents its Pierce County Economic Index (PCEI) Report for 2025, a pivotal tool for understanding the county's economic health and prospects. The report, authored by economist Dr. Neal Johnson, highlights a mix of growth and challenges alongside trends in GDP, labor markets, housing, and retail sales, while forecasting moderate growth and ongoing challenges for key sectors in 2025. “This PCEI Report gives our members the insights they need to navigate the year ahead with resilience while acknowledging the headwinds still facing Pierce County. While we’re seeing progress in personal income and job creation, challenges in housing affordability and retail spending underscore the lingering effects of high interest rates and inflation,” said Andrea Reay, President & CEO, TPCC. “We hold a cautiously optimistic outlook for Pierce County. From job creation to housing affordability, this report helps our community take informed steps toward building a stronger, more equitable economy. Our commitment is to ensure that businesses—big and small—have the tools to succeed.” Key Findings:
Spotlight on Key Industries:
As Pierce County continues its trajectory, businesses, policymakers, and residents must focus on fostering resilience. Investments in education, infrastructure, and affordable housing will be critical to overcoming challenges along with monitoring federal policies on interest rates and tariffs, as these factors significantly impact the county’s economic outlook.
The Tacoma-Pierce County Chamber invites community members, stakeholders, and business leaders to explore the full Pierce County Economic Index Report, available on the Chamber’s website. Honoring Leadership and Building Connection On December 18, 2024, more than 350 business, nonprofit, and community leaders gathered to celebrate the season and strengthen the ties that bind us together at our annual cocktail party honoring elected officials. This year's reception was a dazzling evening of connection and celebration. Guests joined us at the iconic LeMay-America's Car Museum, where they enjoyed delicious food and beverages, stunning ice sculptures, intricate paper cranes, and captivating calligraphy artistry. The ambiance was festive and elegant, providing the perfect setting for meaningful conversations and new connections. During the VIP Hour, Chamber President and CEO Andrea Reay and Board Chair Kierra Phiffer recognized the remarkable contributions of exiting Pierce County Executive Bruce Dammeier. In her remarks, Reay highlighted Dammeier’s dedication to the community, emphasizing his role in fostering growth and collaboration throughout Pierce County. The evening was made even more special by the vibrant mix of leaders in attendance, including prominent public officials, business executives, and nonprofit champions. The opportunity to mingle, share stories, and celebrate the season together showcased the strength and unity of our community. A heartfelt thank you goes out to our incredible sponsors for their generous support and to everyone who attended and contributed to the event's success. Your participation and enthusiasm make events like these possible. As we welcome the new year, we encourage you to stay engaged with the Chamber’s upcoming events and initiatives. Together, we will continue to build a thriving community for all. 2024 was a year marked by incredible milestones for the Tacoma-Pierce County Chamber and our local business community!2024 was a year of impact, progress, and innovation for the Tacoma-Pierce County Chamber and the South Sound business community. From advocating for businesses to fostering leadership and supporting creative entrepreneurs, we accomplished so much together. Here are our top 10 highlights from 2024: 1. 140 Years of Serving Our Business Community This year marked an incredible milestone--140 years of the Chamber being the unifying voice for businesses in Tacoma-Pierce County. For over a century, we have championed economic growth, supported leaders, and strengthened our region. All the while, the Chamber has continuously evolved to meet the changing needs of the Tacoma-Pierce County business community. Thank you for being part of this legacy! 2. Distributing $983K in Microloans for Small Businesses Access to capital is a major challenge for small businesses, but we made a difference. Through partnerships like Kiva, the Chamber facilitated $983,000 (and counting) in 0% interest microloans to help small businesses grow and thrive. These loans fill a critical funding gap for emerging entrepreneurs in Pierce County that can help make businesses, rather than break them. 3. Celebrating Success in the Pierce County Business Accelerator The Pierce County Business Accelerator (PCBA) program continued to empower over 450 BIPOC, veteran, and women-owned businesses. By providing coaching, training, and technical resources, the PCBA fostered innovation and opened doors to wealth-building opportunities for diverse business owners. It is a travesty if you missed the PCBA Showcase this year as it was stupendous; filled with amazing food, wonderful business ideas, and business owners who embody the spirit of the South Sound in their work. 4. The Good Neighbor Village Breaks Ground Inspired by solutions explored during our Aspire Intercity Leadership Conference, the Good Neighbor Village project is now underway. By 2030, it will provide permanent housing and supportive care to 257 chronically homeless residents in Pierce County, restoring dignity and stability to our community members. 5. Spaceworks Tacoma: Empowering Creatives Spaceworks Tacoma continued to elevate our region’s creative economy by connecting creative entrepreneurs and artists to economic opportunity. This year, the program invested $41,860 in local artists, delivered training to creative entrepreneurs, and facilitated rotating public art installations across Tacoma. Spaceworks is transforming commercial spaces and creating new opportunities for artists and creative entrepreneurs to thrive. 6. Record-Breaking Events & Community Engagement Our events reached new heights this year, welcoming 4,936 attendees across meetings, forums, and signature events like the Horizons Economic Forecast and Happy Hour Business Expo. These gatherings fostered connections, celebrated successes, and inspired collaboration among local leaders. 7. Advocacy That Makes an Impact ![]() Attendees of the Chamber’s 2024 Legislative Advocacy Day visit Olympia, Wash. From left to right: Curt Kohlwes, Director of Government Relations at University of Washington Tacoma; Zach Correia, Government Relations Analyst at MultiCare Health Systems; Jessica Johnson, Director of Court House Square; Andrea H. Reay, President & CEO at Tacoma-Pierce County Chamber; and Senator Chris Gildon, Washington’s 25th Legislative District. The Chamber led advocacy efforts to address critical business challenges and drive policy change:
These wins helped create a stronger, more resilient business environment for the South Sound. 8. Launch of the Tacoma Manufacturing Incubator The Chamber and the Manufacturing Industrial Council for the South Sound partnered with local businesses to establish the Tacoma Manufacturing Incubator. The program is aligned with Chambers commitment to support entrepreneurship and the State’s goal to double manufacturing within a decade. The Tacoma Manufacturing Incubator will create scalable manufacturing spaces, support capacity building for existing businesses, and develop a manufacturing centered curriculum designed to empower manufacturing startups with a pilot cohort scheduled for 2025. The launch of the incubator is funded in part by the Washington State Department of Commerce and the City of Tacoma. 9. World Trade Center Tacoma’s Global Impact ![]() (L to R) Michael Fowler, executive director at the World Trade Center Tacoma; David Graybill, Board Chair for World Trade Center Tacoma; Raymond Cheung, president, SeaTac Packaging Manufacturing Corp.; and Betty Capestany, director, economic development at Pierce County; celebrate SeaTac Packaging Manufacturing Corp.’s win at the 2024 World Trade Center Tacoma Globe Awards. The World Trade Center Tacoma connected local businesses to global opportunities through international trade missions and educational programs. This year, businesses benefited from partnerships forged in East Asia, helping the South Sound remain competitive on the global stage. World Trade Center Tacoma also conducted its annual flagship event, the World Trade Center Tacoma Globe Awards, in September, which recognized excellence in international trade. 10. Developing Future Leaders We continued investing in leadership development through programs like the Business Leadership Academy and the foundation of the Candidates Academy. By equipping future leaders with skills, mentorship, and connections, we are building a strong foundation for the next generation of business and community leaders. Looking Ahead to 2025 As we celebrate these milestones, we are excited for what lies ahead. Together, we will continue to strengthen our economy, foster innovation, and empower leaders in the South Sound. Thank you for being part of this incredible journey—cheers to a bright year ahead!
Autumn is here and what is cozier than a historic courtroom and an elegant ballroom to gather for September’s Chamber After Hours? Court House Square, located in the heart of Downtown Tacoma, opened their fourth floor for attendees to walk through the courtroom and network in the ballroom. Jessica Johnston, Director of Court House Square and Chamber Ambassador, was there to share knowledge of the 114-year-old venue over upbeat music and delicious food catered by fellow Chamber member, Cafe Pacific Catering. Guests enjoyed sandwich-sliders, pasta salad, and a charcuterie station where they could make their own spread. On a sweeter note, there was Almond Roca sprinkled cannoli, crème brulée, and peanut butter pie to top off the night. To accompany the food, bartender Derek was happy to pour you some wine, or pop-the-top off a cold one. There was a punch as well that was a hit amongst the crowd! Thank you, Jessica, for hosting September’s Chamber After Hours! We look forward to more events taking place in your beautiful venue and the hallowed halls. October 2024 Chamber After Hours
If you missed September’s Chamber After Hours and are looking to attend October’s, registration is now open! October’s Chamber After Hours will be held at New Tacoma Cemeteries Funeral Home & Crematory. Halloween costumes / themed clothing is optional! Many consider the butterfly to be a symbol of transformation, freedom, new beginnings, and hope amongst other lovely descriptors. Despite being so fragile, the butterfly can flutter gracefully to great lengths for survival, with the Monarch butterfly traveling over 1,000 miles for hibernation. This little insect is best known for the way they change shape as they grow, displaying their beauty and charm every step of the way. At HopeSparks Family Services, they have been on the same journey for 125+ years to help families in Pierce County grow, transform, experience new beginnings, and most importantly give them hope. The butterfly can be seen in the logo for HopeSparks, and scattered all around the Children’s Developmental Services building located off Union Ave in Tacoma. The Chamber was recently invited to celebrate the grand opening of the outdoor playground for said building. Being completely designed by the team at HopeSparks, the playground is the perfect space for kids to run around. Of course, the playground would not be complete without the symbolic butterfly, which can be seen not only in the rubberized ground cover, but in a whole climbing statute. Dozens of guests came to witness the cutting of the ribbon and heard thoughtful words spoken by Heather Moss, Director of Pierce County Health Services; Joe LeRoy, President and CEO of HopeSparks; and Vianeth Zubrod, Director of HopeSparks. Calling it a “collective effervescence”, Joe and his crew could not wait for the playset to be enjoyed by generations of Pierce County tots for years to come. The Chamber extends its thanks to HopeSparks for allowing us to be involved in their big day and wishes them well and good weather for playtime of course! To learn more about HopeSparks and how to get involved visit their website. Website: https://hopesparks.org Phone: (253) 565-4484 Email: [email protected] Learning to drive is a big step in a person’s life. There's a new sense of freedom with the ability to travel anywhere you set your mind to. Those learning how to drive usually enroll into a driver’s education course where they are taught the rules and laws of driving, receive their learner’s permit to practice, and then an official driver’s license. Now there is a new resource in Tacoma for those looking for a driver's education program! Complete Driving Experience, also known as CDX, is the perfect place for student drivers to learn the rules of the road in a safe and welcoming environment. At CDX, both teens and adults are welcome to join the program. They offer several services including defensive driving lessons, Washington State approved driver license exams, teen and adult driving courses, and even a driving simulator! CDX has been helping student drivers for three years and the Chamber was proud to be invited to celebrate their anniversary. Surrounded by family and friends, Mrs. Dubois, the owner of Complete Driving Experience, cut the ribbon to commemorate the milestone. CDX started with the help of The R.I.S.E. Tacoma, but quickly grew and are now located in the historic Tacoma Armory. The office is decorated with hot wheel cars, cute signs with driving puns, and motivational quotes, welcoming visitors and hopeful drivers. CDX is a family, woman, and black-owned business that is ready to help tailor driving lessons to each student respectively, giving them the skills, knowledge, and confidence to drive safely and legally on the road! To learn more about Complete Driving Experience and what they have to offer, visit their website or contact them via email or phone. Website: https://www.completedrivingexp.com Phone: (253) 387-7733 Email: [email protected] Last week, SelectUSA Seattle Spinoff welcomed 50 delegates from 11 countries to showcase opportunities in the South Sound! The group visited Tacoma on June 20th as part of the memorable trip.
The two-day program provided international companies and investors with research and analysis of the regional economy, tours of innovation and R&D centers, local competitive advantages, and engagement with leaders in both public and private sectors. The Chamber’s CEO and President, Andrea H. Reay, joined the delegates for their Tacoma visit, along with Michael Fowler, Executive Director & Senior Trade Consultant of World Trade Center Tacoma. The sun also made an appearance, which was greatly enjoyed during the waterfront tour in Tacoma! “Invest in your community and your community will invest in you." This motto is what owner, Kieth Dashofy, of Pella Windows & Doors follows every day. A Tacoma native, Dashofy knew he wanted to expand Pella into the Grit City when faced with the incredible choice of expansion. With a showroom in Bothell, which serves Seattle, Bellevue-Eastside, Sammamish, Everett, and Mount Vernon, the Pella team was ecstatic to travel South into Pierce County to offer their services. As the full name implies, Pella is a windows and doors installation company. The Chamber was excited to celebrate the opening of the new Tacoma Showroom on May 16th! The new showroom has an array of door styles, window frame selections, and even a stocked mini fridge of the teams’ favorite beverages. Keith was beaming with pride during his ceremony speech and expressed his gratitude for having an excellent team behind him. He is looking forward to connecting with his fellow Chamber members, so be sure to seek him out at future Chamber events to exchange business cards. Whether you need new windows, doors, or want to make new Pierce County connections, you should take a trip to the new showroom to say 'hi' to the Pella team and wander through their product offerings. You will find yourself entertaining the thought of remodeling the kitchen windows that you’ve been putting off for years! Website: https://www.pella.com/locations/wa/tacoma Phone: (253) 563-3339 Tacoma welcomed a new business to its city on May 14th, Vera Whole Health! This advanced primary care facility is meant to really put the patient first, and leave them feeling heard, supported, and confident in the care they received. While being the only primary care provider to have received two validations, for population health cost management and for health outcomes, Vera Whole Health is truly one of a kind. At the ceremony, the morning started with networking over coffee and a delicious breakfast spread, followed by the main event, the cutting of the ribbon. With words given by Andrea Reay, President & CEO of the Tacoma-Pierce County Chamber; Tacoma’s Deputy Mayor John Hines; Don Trigg, CEO for Vera Whole Health; and Kevin Wang, the Chief Medical Officer for Vera Whole Health, the ribbon was cut in front of an excited audience. Guests were toured through the deceptively large office, which has multiple care rooms, private meeting/consult rooms, a full-service prescription medicine dispensary, virtual care rooms, and more. The care team at Vera Whole Health are eager to accept new patients here in Tacoma. They meet each day before their shift begins to review the plan of attack and every detail for their patients’ visits. If you are looking for a new primary care team that strives to provide great customer service and care at a great price, be sure to contact Vera Whole Health in Tacoma! Website: https://www.verawholehealth.com Vera Whole Health Tacoma - Phone: (253) 999-5501 Spaceworks Alum and Chamber member, HIVE Co., celebrated their grand opening in April at 5436 S Tacoma Way, Tacoma, WA 9840. HIVE Co. is small maker, small batch vibes “gift” shop. Founder, Michele Jones, created a place where vendors, artists, and makers can sell wholesale, lead workshops in the specially designed gathering space or participate in a vendor pop-up market. Be sure to check out what’s going on via the event calendar available on their website. Congratulations to Jones on this achievement and be sure to visit HIVE Co. to peruse all their goodies! Photo credit: Roses and Pine Photography
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