Washington Business Fall 2016 | Washington Business | Page 46

business backgrounder | economy

TPP is a Win for Washington
A new study finds that the Trans-Pacific Partnership will add
billions to the state’s economy and tens of thousands of jobs.
Brian Mittge
AWB and the Washington Council on International Trade commissioned an economic study
of the Trans-Pacific Partnership (TPP), and the results are clear. The TPP would improve
the Washington state economy by as much as $8.7 billion per year and create as many as
26,400 direct new jobs.
Much has been said about the Trans-Pacific Partnership (TPP) during this election year, but a new fact-based, data-driven
study of this 12-nation trading pact reveals a simple truth: The TPP would be good for Washington’s economy.
Very good, in fact.
In July, AWB and the Washington Council for International Trade released a study that analyzed exactly what impact
the TPP would have on Washington state, where two in every five jobs are related to trade.
The study, conducted by Community Attributes Incorporated, shows Washington’s economy growing by up to $8.7
billion and creating up to 26,400 new jobs if the TPP were in place.

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