In addition, there are 7 Washington State Companies with Stock Market Capitalizations now of at least $20 bil. These names are very familiar to just about everyone. Their Total Audited Earnings in 2014 of $33.041 bil were up a very robust 86% over the comparable $17.770 bil Audited Earnings in 2012, as you can see in the below chart:
| 2014 | 2013 | 2012 | |||
| 2014 | Audited | Audited | Audited | ||
| Most | Net | Net | Net | ||
| Recent | Income | Income | Income | ||
| FYE | (Loss) | (Loss) | (Loss) | ||
| Washington State Company | HQs | mil $s | mil $s | mil $s | |
| Largest Washington Cos | |||||
| Microsoft | Redmond | Jun | 22,074 | 21,863 | 16,978 |
| Amazon | Seattle | Dec | (241) | 274 | (39) |
| Boeing | Chicago | Dec | 5,446 | 4,586 | 3,903 |
| Starbucks | Seattle | Sep | 2,068 | 9 | 1,385 |
| Costco | Issaquah | Aug | 2,088 | 2,061 | 1,767 |
| T-Mobile US | Bellevue | Dec | 247 | 35 | (7,336) |
| PACCAR | Bellevue | Dec | 1,359 | 1,171 | 1,112 |
| Total all 7 | 33,041 | 29,999 | 17,770 | ||
| 2014 Earnings Increase % Over 2012 | 86% | ||||
So just how have the 47 smaller Washington State Companies done on the earnings front before, during and after the 2008 financial meltdown? Just absolutely off-the-charts earnings improvement.
The Total Audited Net Income from Continuing Operations of these 47 smaller Washington State Companies for the 3 years 2012-2014 Combined was $10.528 bil, an increase of an exceptionally off-the-charts 9,047% over the $0.115 bil comparable Total Earnings in the 3 years 2008-2010 Combined.
Of these 47 smaller Washington State Companies, there were 44 of them with Stock Market Capitalizations now of between $100 mil and $10 bil.
The Total Audited Net Income from Continuing Operations of these 44 smaller Washington State Companies for 2014 increased by 736% over 2008. For the 2 years 2013-4 Combined, the earnings increase was 699% over the 2 year Combined Earnings for 2008-9.
So if the question to answer is how much better off are these smaller Washington State Companies now than they were during their 2008 financial meltdown fiscal years, the answer is massively better as audited earnings under US generally accepted accounting principles (US GAAP) are measured by the very prestigious US accounting profession.
There has been something upwardly explosive happening with the Audited Earnings of Washington State Smaller Companies and among others, President Obama, Washington US Senators Patty Murray and Maria Cantwell, Washington Democratic US House Members Suzan Delbene, Denny Heck, Derek Kilmer, Rick Larsen, Jim McDermott and Adam Smith, and the US Fed have all undoubtedly helped here.
Below here are the reported US GAAP Audited Net Income (Losses) of each of these 47 Smaller Wasington State Companies for all of their fiscal years reported from 2008 through 2014:
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||
| 2014 | Audited | Audited | Audited | Audited | Audited | Audited | Audited | ||
| Most | Net | Net | Net | Net | Net | Net | Net | ||
| Recent | Income | Income | Income | Income | Income | Income | Income | ||
| FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | ||
| Washington State Company | HQs | mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | |
| Smaller Washington Cos | |||||||||
| Weyerhauser | Federal Way | Dec | 828 | 491 | 312 | 319 | 1,274 | (525) | (1,909) |
| Nordstrom | Seattle | Jan 15 | 720 | 734 | 735 | 683 | 613 | 441 | 401 |
| Expedia | Bellevue | Dec | 373 | 216 | 303 | 326 | 305 | 218 | (2,521) |
| Alaska Air Group | Seattle | Dec | 605 | 508 | 316 | 245 | 251 | 122 | (136) |
| Expeditors Intl Washington | Seattle | Dec | 380 | 350 | 333 | 386 | 344 | 240 | 303 |
| F5 Networks | Seattle | Sep | 311 | 277 | 275 | 241 | 151 | 92 | 74 |
| Symetra Financial | Bellevue | Dec | 254 | 221 | 205 | 200 | 201 | 128 | 22 |
| Plum Creek Timber | Seattle | Dec | 214 | 214 | 203 | 193 | 213 | 236 | 233 |
| Esterline Technologies | Bellevue | Oct | 167 | 173 | 114 | 134 | 130 | 106 | 111 |
| Washington Federal | Seattle | Sep | 157 | 152 | 138 | 111 | 119 | 48 | 62 |
| Outerwall Inc | Bellevue | Dec | 107 | 208 | 160 | 115 | 66 | 44 | 46 |
| Columbia Banking System | Tacoma | Dec | 82 | 60 | 46 | 48 | 31 | (4) | 6 |
| TrueBlue | Tacoma | Dec | 66 | 45 | 34 | 31 | 19 | 9 | (4) |
| Cray Inc | Seattle | Dec | 62 | 32 | 161 | 14 | 15 | (1) | (41) |
| Banner Corp | Walla Walla | Dec | 54 | 47 | 65 | 5 | (62) | (36) | (128) |
| Zumiez | Lynnwood | Jan 15 | 43 | 46 | 42 | 37 | 24 | 9 | 17 |
| Pope Resources | Poulsbo | Dec | 32 | 12 | (7) | 9 | 1 | (1) | 0 |
| HomeStreet | Seattle | Dec | 22 | 24 | 82 | 16 | (34) | (110) | 8 |
| Heritage Financial | Olympia | Dec | 21 | 10 | 13 | 7 | 13 | 1 | 6 |
| Nautilis Inc | Vancouver | Dec | 20 | 48 | 11 | 3 | (10) | (19) | (53) |
| zulily | Seattle | Dec | 15 | 13 | (10) | (11) | (7) | ||
| First Financial Northwest | Renton | Dec | 11 | 24 | 3 | 4 | (54) | (41) | 5 |
| Blue Nile | Seattle | Dec | 10 | 11 | 8 | 11 | 14 | 13 | 12 |
| Alder Biopharmaceuticals | Bothell | Dec | 9 | (21) | (18) | (13) | |||
| Key Tronic | Spokane Valley | Jun | 8 | 13 | 12 | 6 | 9 | 1 | 6 |
| Tableau Software | Seattle | Dec | 6 | 7 | 1 | 3 | 3 | (1) | (1) |
| Red Lion Hotels | Spokane | Dec | 3 | (15) | (11) | (6) | (8) | (6) | (2) |
| Papa Murphy's Holdings | Vancouver | Dec | 1 | (3) | (2) | (1) | (3) | 5 | |
| Clearwater Paper | Spokane | Dec | (2) | 107 | 64 | 40 | 74 | 182 | 10 |
| Northwest Pipe | Vancouver | Dec | (6) | 22 | 18 | 13 | (5) | (11) | 28 |
| Microvision | Redmond | Dec | (18) | (13) | (23) | (36) | (47) | (40) | (33) |
| Marchex Inc | Seattle | Dec | (19) | 1 | (34) | 3 | (3) | (2) | (128) |
| Trupanion | Seattle | Dec | (21) | (8) | (6) | (4) | (6) | ||
| Itron | Liberty Lake | Dec | (22) | (145) | 110 | (510) | 105 | (2) | 20 |
| Barrett Business Services | Vancouver | Dec | (27) | 18 | 13 | 14 | 7 | (4) | 6 |
| Immune Design | Seattle | Dec | (34) | (16) | (11) | ||||
| Blucora | Bellevue | Dec | (36) | 24 | 23 | 32 | 9 | 7 | (16) |
| Zillow Group | Seattle | Dec | (44) | (12) | 6 | 1 | (7) | (13) | (21) |
| Oncothyreon | Seattle | Dec | (50) | (39) | (3) | (42) | (16) | (17) | 7 |
| NanoString Technologies | Seattle | Dec | (50) | (29) | (18) | (11) | (13) | (9) | (9) |
| Pendrell | Kirkland | Dec | (58) | (58) | 40 | 319 | (3) | 195 | (103) |
| RealNetworks | Seattle | Dec | (72) | (59) | 45 | (27) | 2 | (243) | (285) |
| Omeros Corporation | Seattle | Dec | (74) | (40) | (38) | (29) | (29) | (21) | (24) |
| Seattle Genetics | Bothell | Dec | (76) | (63) | (54) | (152) | (66) | (82) | (86) |
| CTI Biopharma | Seattle | Dec | (94) | (44) | (102) | (63) | (83) | (96) | (180) |
| Concur Technologies | Bellevue | Sep | (119) | (25) | (8) | (11) | 20 | 25 | 17 |
| Juno Therapeutics | Seattle | Dec | (243) | (52) | |||||
| Total all 47 below $20 bil Market Cap | 3,516 | 3,466 | 3,546 | 2,653 | 3,557 | 838 | (4,280) | ||
| 2012-14 3 Year Total Earnings | 10,528 | ||||||||
| 2008-10 3 Year Total Earnings | 115 | ||||||||
| …..3 Year Earnings Increase | 9047% | ||||||||
| Total all 44 below $10 bil Market Cap | 1,595 | 2,025 | 2,196 | 1,325 | 1,365 | 704 | (251) | ||
| Earnings % Increase | |||||||||
| ….. 2014 Over 2008 | 736% | ||||||||
| ….. 2 Years 2013-4 Over 2008-9 | 699% | ||||||||
On the job front, the US Bureau of Labor reported that the unemployment rate for the State of Washington has dropped precipitously from 10.4% in January 2010 to 5.5% in the most recently reported April 2015.
Also, the US Bureau of Labor reported that the unemployment rate for the Seattle-Tacoma-Bellevue, WA Metro Area has dropped even more precipitously from 10.3% in February 2010 to only 3.9% in the most recently reported April 2015.
