The city of Seattle has close to 3.58 million people and there are around 1.8 million jobs. Thus, Seattle is an urban center. The largest employer of city is University of Washington. There are close to 28,188 faculty members. The annual revenue of the University of Washington is USD 3.7 billion. The annual research budget is USD 1.02 billion.

Several collaborative developments have resulted in Seattle in the bioinformatics and the information technology owing to the strong position of Seattle in healthcare, biotechnology and information technology sector.

http://www.cityofseattle.net/oir/datasheet/economy.htm

The prime business sectors in Seattle are as follows:

1. Healthcare: Seattle's healthcare cluster including hospitals, healthcare products and services, training and research accounts for 96,000 jobs and contributes $10 billion annually to the local economy.

http://www.seattle.gov/economicdevelopment/

2. Information Technology: The information technology sector in Seattle includes about 3,000 companies with a total of 191,000 employees.

3. Aerospace: long been a key industry in the Seattle region primarily because of the Boeing Company.