The local economy dipped after World War II , which had seen the dispersion of the numerous Japanese-American businessmen. The local economy rose again with manufacturing company Boeing?s growing dominance in the airliner market?? Seattle celebrated its restored prosperity and made a bid for world recognition with the Century 21 Exposition, the 1962 World?s Fair. The local economy went into another major downturn in the late 1960s and early 1970s. Many left the area to look for work elsewhere, and two local real estate agents put up a billboard reading ?Will the last person leaving Seattle ? Turn out the lights.
Until 2001 Seattle remailed the corporate headquarters of Boeing , when the company set-apart its headquarters from its major output facilities. Boeing finally chose to move its corporate headquarters to Chicago. The Seattle area is still home to Boeing?s Renton narrow-body plant (where the 707, 720, 727, and 757 were assembled, and the 737 is assembled today) and Everett wide-body plant (assembly plant for the 747, 767, 777, and 787); the company?s credit union for employees, BECU, remains based in the Seattle area, though it is now open to all residents of Washington.
As prosperity began to return in the 1980s , the city was stunned by the Wah Mee massacre in 1983, when thirteen people were killed in an illegal card-playing club in the International District, Seattle?s Chinatown. Beginning with Microsoft?s 1979 move from Albuquerque, New Mexico to nearby Bellevue, Washington, Seattle and its suburbs became home to a number of technology companies including Amazon.com, RealNetworks , McCaw Cellular (now part of AT&T Mobility), VoiceStream (now T-Mobile USA) , and biomedical corporations such as HeartStream (later purchased by Philips), Heart Technologies (later purchased by Boston Scientific), Physio-Control (later purchased by Medtronic), ZymoGenetics, ICOS (later purchased by Eli Lilly and Company) and Immunex (later purchased by Amgen). This success brought an influx of new citizens with a population increase within city limits of almost 50,000 between 1990 and 2000, and saw Seattle?s real estate become some of the most expensive in the country. Many of the Seattle area?s tech companies remain relatively firmly, but the frenzied dot-com boom years ended in early 2001.
Seattle in this period attracted widespread attention as home to these many companies, but also by hosting the 1990 Goodwill Games and the APEC leaders conference in 1993, as well as through the worldwide popularity of grunge, a sound that had developed in Seattle?s independent music scene. Another bid for worldwide attention?hosting the World Trade Organization Ministerial Conference of 1999?garnered visibility, but not in the manner its sponsors desired, as related protest activity and police reactions to those protests overshadowed the conference itself. The city was further shaken by the Mardi Gras Riots in 2001, and was literally shaken the next day by the Nisqually Earthquake.
The UK consulting firm Mercer, in a 2009 assessment ?conducted to help governments and major companies place employees on international assignments?, ranked Seattle 50th worldwide in quality of living; the survey factored in political stability, personal freedom, sanitation, crime , housing, the natural environment , recreation, banking facilities , availableness of consumer goods, education , and public services including transportation.
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