Washington is America’s #1 state for business
“With the nation’s fastest-growing economy and an all-star business roster of household names and up-and-comers, Washington — the Evergreen State — soars above the competition as America’s Top State for Business in 2017.”
— Scott Cohn, CNBC
Landing in the top spot may come as no surprise to those of who live, work and play in our beautiful state. We are fortunate to have a diversity of strong industry sectors where marquee companies are founded and headquartered. Part of Commerce’s role is to facilitate growth of these industries and help small businesses across the state, and in the last four years we have reimagined and significantly stepped up those efforts. The record increases in transportation and education funding will also help ensure our long-term success.
However, this honor also shines a spotlight on some challenges that need to be addressed. From an alarming shortage of affordable housing in many areas to public infrastructure in need of repair and expansion, we have work to do to ensure that rural and underserved communities see the benefits of our strong state economy.
In a video interview with CNBC Top States reporter Scott Cohn, Gov. Inslee talks about the pillars of Washington’s economic strength: quality of life, innovation and talent – as well as the obstacles we must overcome to build on today’s success for future generations.