Economy & Competitiveness

Key national economic rankings for Washington state:

9th in per capita personal income ($56,283)
13th in state gross domestic product ($506.4 billion)
2nd in exports per capita ($10,318)
4th in total exports ($76.4 million)

Featured WRC Analysis Click Here

Recent WRC economy Posts Click Here

Other Resources Click Here

Featured WRC Analysis

Manufacturing Jobs Part III: A Costly and Uncertain Regulatory Burden Harms Competitiveness Sept. 5, 2018
The Economic Contribution of Washington state’s Petroleum Refining Industry in 2015 Jan. 5, 2017
The Expanded SEPA Has Reduced Regulatory Certainty in Washington Oct. 24, 2016
Rent Control Feb. 29, 2016
Regulatory Reform: A Win-Win-Win for Agencies, Businesses, and Taxpayers Aug. 20, 2015

Recent WRC economy Posts

Forecast of state revenues increased

Interest rates move higher

Value of agricultural production in Washington declines in 2021 (when adjusted for inflation)

October report on state tax collections: revenues for the month exceeded forecast by $126 million

Washington’s minimum wage will increase by 8.6% in 2023

State revenue forecast down $452 million

Other Resources

Washington state Economic and Revenue Forecast Council:

State Economic Forecast

State Employment Security Department: