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

To reduce administrative burden, Treasury’s final rule for the coronavirus state & local fiscal recovery fund includes a $10 million standard allowance for the revenue loss provision

Update on personal income, consumer spending and saving rates during the COVID-19 recession

December report on state tax collections

Labor force participation

Update on personal income, consumer spending and saving rates during the COVID-19 recession

With November revenue and caseload forecasts and increased reversions, the four-year outlook has a very high unrestricted ending balance of $8.651 billion

Other Resources

Washington state Economic and Revenue Forecast Council:

State Economic Forecast

State Employment Security Department: