business backgrounder | manufacturing
Making it ! Washington ’ s Manufacturing and Technology Sectors Lift State Economy
Manufacturing alone accounts for 1 in 10 nonfarm jobs .
Richard S . Davis
Washington ’ s economy builds on the foundation provided by its manufacturing and technology industries .
At A Glance
The breadth and scale of Washington ’ s manufacturing and technology sectors touches all regions of the state , generating thousands of jobs and billions of dollars in personal income and tax revenue .
Washington makes its mark on global commerce because it makes the products , tangible and intangible , the world needs . It ’ s been that way for a long time , so long that some may consider the state ’ s global prominence a historical accident , flowing fortuitously from the early career decisions of Bill Boeing and , much later , Bill Gates . Important as those choices were to the economic evolution of the state , Washington ’ s dynamic manufacturing and technology sectors thrive today in ways that could scarcely have been imagined by those pioneering entrepreneurs .
A new report commissioned by the Association of Washington Business examines the economic and fiscal impacts of the twin engines of the state economy , which reach into every part of the state , generating jobs , wealth , income , tax revenues and in a virtuous cycle
38 association of washington business