WHATCOM — In terms of job creation, some jobs are more beneficial to the general welfare of the economy than others.
That’s the hard-nosed economic conclusion of the independent 2019 Cherry Point Economic Impact study, conducted by the Western Washington University’s Center for Economic and Business Research. This research updated the 2014 study previously conducted by Western and the University of Washington.
The study focuses on the economic impacts of eight companies operating within the Cherry Point industrial zone, which includes the Phillips 66 and BP oil refineries, Alcoa’s Intalco Works aluminum smelter, and several smaller companies. The study can serve as a useful reference for other communities examining the merits of heavy industry on their economy.
For a full free download of the report, go to: https://wbapolicycenter.org/cherry-point/.