The Latest Washington State Industry Statistics Explained
As of 2020, Washington is the leading producer of apples, pears, red raspberries, and sweet cherries in the United States
The statistic indicates that as of 2020, the state of Washington holds the top position in the United States for producing apples, pears, red raspberries, and sweet cherries. This suggests that Washington has the highest production volume compared to other states in these specific fruit categories. The state’s favorable climate, fertile soil, and extensive agricultural infrastructure likely contribute to its success in fruit production. Being the leading producer in multiple fruit categories signifies Washington’s significant impact on the national fruit industry and highlights the state’s importance in supplying these fruits to consumers across the country.
In 2019, Washington state’s GDP was $612.983 billion
This statistic indicates that in 2019, the Gross Domestic Product (GDP) of Washington state amounted to $612.983 billion. GDP is a measure of the total economic output produced within a specific geographic region over a defined period, typically a year. In this context, the figure signifies the total value of all goods and services produced within Washington state throughout the year 2019. A rising GDP generally suggests economic growth and improved living standards within the state, while a declining GDP could indicate economic downturn or stagnation. Comparing this data to previous years and similar metrics from other states can provide insights into Washington’s economic health and performance relative to other regions.
In 2020, Washington was also the leading producer of hops accounting for 70% of U.S. hop production
The statistic states that in 2020, the state of Washington was responsible for producing the majority of hops in the United States, specifically accounting for 70% of the total U.S. hop production. Hops are a key ingredient in the beer brewing process, as they impart bitterness, flavor, and aroma to the final product. Washington’s dominance in hop production highlights the state’s significant contribution to the brewing industry and its importance in supplying this essential ingredient to breweries across the country. This statistic indicates that Washington plays a crucial role in shaping the beer market in the U.S. through its large-scale hop cultivation operations.
In 2020, the aerospace industry employed nearly 89,500 people in Washington
In 2020, the aerospace industry in Washington employed nearly 89,500 individuals, indicating a significant workforce dedicated to activities related to the design, production, and maintenance of aircraft and spacecraft within the state. This statistic highlights the substantial impact of the aerospace sector on the economy and job market in Washington, underscoring the industry’s importance as a major employer in the region. The workforce employed in aerospace encompasses a diverse range of roles, from engineers and technicians to administrative and support staff, contributing to the overall strength and vitality of the industry in Washington.
Washington state exports supported over 390,000 jobs in 2019
The statistic “Washington state exports supported over 390,000 jobs in 2019” indicates that the export activities from Washington state directly and indirectly created employment opportunities for more than 390,000 individuals within the state. This statistic highlights the significant role that exports play in driving economic growth and job creation in Washington. By exporting goods and services to other regions or countries, businesses in the state are able to generate revenue, expand their market reach, and contribute to the overall workforce. These jobs could be in various sectors such as manufacturing, agriculture, technology, logistics, and more, showcasing the diverse impact of export activities on the labor market in Washington state.
Washington’s ICT industry has nearly 14,000 firms and employs over 200,000 people
This statistic highlights the significant presence and economic impact of the Information and Communication Technology (ICT) industry in Washington state. With nearly 14,000 firms operating in this sector, the state has established itself as a hub for technology and digital innovation. Furthermore, the industry provides employment opportunities to over 200,000 individuals, indicating the sector’s importance in driving job creation and contributing to the state’s overall economy. The large number of firms and high level of employment suggest a thriving ICT ecosystem in Washington, with potential for further growth and development in the future.
Washington state’s forest industry directly provides jobs to approximately 41,200 people
The statistic that Washington state’s forest industry directly provides jobs to approximately 41,200 people highlights the significant economic contribution and employment opportunities generated by the forestry sector in the state. This statistic indicates that a substantial number of individuals are directly employed in various roles within the forest industry, including logging, timber processing, and related activities. The employment provided by the forest industry not only supports the livelihoods of these individuals but also plays a crucial role in the overall economy of Washington state by contributing to local communities, tax revenue, and the sustainable management of forest resources. Additionally, these jobs play a pivotal role in the state’s rural economies, fostering economic growth and stability in regions where forestry is a key industry.
In 2021, Washington state’s life sciences industry employed more than 77,000 people
In 2021, Washington state’s life sciences industry demonstrated significant growth and economic impact by employing over 77,000 individuals. This statistic not only reflects the substantial workforce contribution of the life sciences sector to the state’s economy but also highlights the sector’s crucial role in driving innovation, research, and development in areas such as biotechnology, pharmaceuticals, medical devices, and healthcare. The high number of employed individuals in the life sciences industry in Washington indicates a thriving ecosystem of companies, research institutions, and professionals dedicated to advancing discoveries and technologies that ultimately improve human health and well-being.
As of 2020, the maritime industry in Washington State generates $21.4 billion in direct revenue
The statistic “As of 2020, the maritime industry in Washington State generates $21.4 billion in direct revenue” indicates the substantial economic impact that the maritime sector has on the state’s economy. This figure represents the total amount of money generated directly by activities within the maritime industry, including shipping, logistics, marine transportation, fishing, and related services. The revenue generated not only signifies the significant contribution of the maritime industry to Washington State’s GDP but also highlights its importance in providing employment and supporting local businesses. The statistic showcases the industry’s vital role in driving economic growth, fostering trade, and sustaining the broader state economy.
The space industry in Washington state includes nearly 6,200 professionals working at 50 firms
The statistic highlights the substantial presence of the space industry in Washington state, with nearly 6,200 professionals employed by 50 different companies within this sector. This data points towards a thriving and robust space industry in the state, showcasing the significant contribution of this sector to the local economy and job market. The fact that there are such a high number of professionals specifically dedicated to space-related work suggests a substantial level of expertise and specialization within this field in Washington state. With a diverse workforce of professionals across 50 firms, the space industry in the state appears to be dynamic and multifaceted, potentially driving innovation, research, and economic growth within the region.
In 2021, Washington state is home to more than 3,500 Clean Tech companies
The statistic that in 2021, Washington state is home to more than 3,500 Clean Tech companies highlights the significant presence of environmentally sustainable businesses in the state. Clean Tech companies are those involved in developing and providing products or services that have a positive impact on the environment through reduced reliance on fossil fuels, energy efficiency, or production of renewable energy sources. The fact that Washington state hosts over 3,500 such companies indicates a thriving Clean Tech industry within the state, showcasing a commitment to sustainability and innovation in addressing environmental challenges. This statistic underscores Washington’s position as a leader in promoting green technologies and solutions for a more sustainable future.
The film and video production industry brought in $31.45 million in overall direct spending to Washington state in 2019
The statistic reveals that the film and video production industry generated a total of $31.45 million in direct spending within Washington state in 2019. This figure represents the amount of money directly attributed to activities related to film and video production, including expenditures on equipment, locations, sets, crew salaries, and other associated costs. Direct spending is a key indicator of the economic impact of this industry, as it signifies the flow of money within the state’s economy due to film and video production activities. This statistic highlights the financial contribution of the industry to the local economy and provides insight into its significance as a source of revenue and employment in Washington state.
In 2020, Washington state’s wine industry contributed $8.4 billion to the state’s economy
The statistic “In 2020, Washington state’s wine industry contributed $8.4 billion to the state’s economy” indicates the significant economic impact of the wine industry within the state. This figure reflects the total value of goods and services produced directly and indirectly through the wine industry, encompassing activities such as grape cultivation, winemaking, distribution, tourism, and related sectors. The economic contribution includes factors such as job creation, tax revenue generation, and overall economic growth stimulated by the industry. The $8.4 billion contribution underscores the importance of the wine industry as a key driver of economic activity in Washington state, highlighting its role in supporting businesses, communities, and livelihoods throughout the region.
In 2020, there were 1,400 outdoor recreation businesses in Washington state
The statistic that states “In 2020, there were 1,400 outdoor recreation businesses in Washington state” provides information about the number of businesses operating in the outdoor recreation sector within the state during that specific year. This statistic indicates the presence of a significant outdoor recreation industry in Washington, highlighting the economic importance of outdoor activities within the state. The data suggests that there is a considerable market for outdoor recreation services and products in Washington, potentially attracting tourists and supporting local economies through job creation and revenue generation. Analyzing trends and changes in the number of outdoor recreation businesses over time could help policymakers, industry stakeholders, and researchers understand the dynamics of this sector and make informed decisions to support its growth and sustainability.
In 2021, Washington state’s high-technology industry accounted for 378,700 jobs
In 2021, Washington state’s high-technology industry employed a total of 378,700 individuals. This statistic highlights the significant impact of the high-tech sector on the state’s economy and labor market. The large number of jobs generated by this industry underscores the importance of technology companies in driving employment growth and providing opportunities for residents in Washington state. The high-technology industry encompasses various sectors such as software development, aerospace, and information technology, indicating a diverse range of job opportunities within this thriving sector. Additionally, the high number of jobs in this industry suggests a high demand for skilled workers in fields related to technology, innovation, and research, positioning Washington state as a hub for technological advancement and economic development.
Washington state is the most trade-dependent state in the nation, with trade supporting over 40% of its jobs in 2019.
The statistic indicates that Washington state heavily relies on trade as a crucial component of its economic livelihood. In 2019, trade activities supported more than 40% of the jobs within the state, making it the most trade-dependent state in the nation. This high level of trade dependency suggests that a significant portion of Washington’s economy is connected to international trade, with industries such as maritime, manufacturing, and agriculture likely playing a prominent role in driving economic growth and job creation. The statistic underscores the importance of trade policies and global market trends on Washington state’s economy, highlighting the need for continuous monitoring and strategic planning to ensure sustainable economic development in the face of changing trade dynamics.
In 2019, more than 277,700 private and public sector jobs were tied to the port activities in Washington
In 2019, the statistic reveals that over 277,700 jobs in both the private and public sectors in Washington state were directly linked to port activities. This indicates the significant economic impact and importance of port operations in the region, providing a large number of employment opportunities to individuals. The data underscores the vital role ports play in driving economic growth, facilitating trade, and sustaining various industries within the state. It also highlights the interconnectedness of port activities with the broader economy, demonstrating how the success and efficiency of ports can have widespread ripple effects on employment and overall economic prosperity in a region.
As of 2021, Washington state’s transportation system moves over 546 million tons of freight each year.
The statistic indicates that as of 2021, the transportation system in Washington state facilitates the movement of an impressive amount of freight, totaling over 546 million tons annually. This figure highlights the critical role that transportation infrastructure plays in supporting the economy by enabling the efficient movement of goods within the state. The ability to transport such a significant quantity of freight reflects the state’s robust transportation network, including highways, railways, ports, and airports. This statistic underscores the importance of maintaining and investing in transportation infrastructure to meet the freight transportation needs of businesses and industries in Washington state, ultimately driving economic growth and development.
Conclusion
Based on the data presented in this blog post, it is clear that Washington State has a diverse and thriving economy across various industries. The state’s strong performance in sectors such as technology, aerospace, agriculture, and healthcare highlights its economic resilience and potential for future growth. Understanding these industry statistics is essential for policymakers, businesses, and investors looking to capitalize on the opportunities available in Washington State.
References
0. – https://www.www.ofm.wa.gov
1. – https://www.www.awb.org
2. – https://www.agr.wa.gov
3. – https://www.www.commerce.wa.gov
4. – https://www.lifesciencewa.org
5. – https://www.www.usda.gov
6. – https://www.wcit.org
7. – https://www.www.washingtonwine.org
8. – https://www.www.statista.com
9. – https://www.wsdot.wa.gov
10. – https://www.www.wfpa.org
11. – https://www.www.export.gov
