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The Port of Tacoma, combined with cargo operations in the South Harbor of the Northwest Seaport Alliance, supported 41,095 jobs in 2023, with workers earning a combined $3.4 billion in total compensation and businesses generating nearly $10.8 billion in revenue. Healthcare is another major pillar, led by MultiCare Health System, Virginia Mason Franciscan Health, Kaiser Permanente, and Community Health Care, while nearby Joint Base Lewis-McChord provides steady military and civilian employment. Aerospace and manufacturing round out the base, with local suppliers feeding Boeing's supply chain and Toray Composite Materials producing advanced materials in the area.

Tacoma's construction industry has been described as one of the fastest-growing in the country, spanning both residential and commercial projects, and technology has a smaller but notable footprint, with cybersecurity firm Infoblox employing 225 people locally and cold-storage operator NewCold running its largest U.S. automated warehouse in the region. On the neighborhood level, the city has been investing in commercial corridors including the Hilltop Business Improvement Area and the Sixth Avenue Business District, both organized to support existing local businesses and streetscape improvements.

Port, military, and healthcare employment give Tacoma a broad base of shift workers, contractors, and institutional staff who need dependable local services on tight schedules, while the city's active construction pipeline and neighborhood commercial districts like Hilltop and Sixth Avenue create ongoing demand for trades, property, and small-business services rooted in those specific corridors rather than the city as a whole.