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The Office of Financial Management provides vital information, fiscal services and policy support that the Governor, legislature and state agencies need to serve the people of Washington State. 
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Implementing the 2009 Freeze on Equipment, Out-of-State Travel & Training
Washington population growth continues to slow
06/29/09
The 2009 population estimate, prepared annually by the Office of Financial Management, places Washington state’s population at 6,668,200 as of April 1, 2009. This represents growth of 80,600, or 1.2 percent, over the last year, compared to the most recent annual growth peak of 1.9 percent in 2006.
Migration is an important component of our state’s growth, and is largely driven by employment opportunities. While Washington remains more economically attractive than California, Oregon and many other states, population gains due to migration have dropped from 81,000 in 2006 to 58,000 in 2008 and 39,000 for 2009, according to Theresa Lowe, the state’s chief demographer.
Washington quarterly revenue projection down $482 million
06/18/09
The June revenue forecast for Washington state government shows projected General Fund revenue down a combined $482 million for the remainder of this biennium, which ends June 30, and the next two-year budget period.
Dr. Arun Raha, chief revenue forecaster, said that while the overall economic outlook for next biennium is slightly bleaker than in March, the prospect for a recovery beginning in late 2009 is more certain. He noted, however, that consumer spending and tax collections are lagging the recovery, as consumers pay down debts and wait for more evidence that the economy is on stronger footing. The bleaker revenue forecast is related to weak revenue collections and consumer caution.
