Bozeman, MT - A new report released today by Headwaters Economics says that the draft watershed conservation proposal would have little or no impact to the Olympic Peninsula's existing timber industry, but could provide a significant economic benefit to the broader economy.
The report’s author, Ben Alexander of Headwaters Economics in Bozeman, MT tells us the economy of the Olympic Peninsula has changed significantly= "The decoupling happened in the early 1980's when we saw timber employment declining in net terms, and the rest of the economy growing. That kind of decoupling, or shift is happening across the rural, or non-metro, West and it's indicative of that shifting competitive space that American businesses occupy."
Alexander said that shift means that the area no longer relies on goods producing sectors to grow. "The report found that the natural amenities [like] clean water, rivers, recreational opportunities, are one of the reasons why the region is growing quickly from a population perspective." The full report, produced at the request of the Wild Olympics Coalition, can be viewed at headwaterseconomics.org
Olympic Peninsula Report