The 2005 Long-Term Economic and Labor Force Forecast for Washington

May 2005

Also available: 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999

This annual forecast update contains long-term population, labor force, employment, and personal income projections for Washington State. The Office of Financial Management (OFM) Forecasting Division and the Employment Security Department Labor Market and Economic Analysis Branch jointly prepare the labor force and employment projections. The forecast horizon extends from 2005 to 2030. The medium-term forecast for the 2005-07 period is consistent with the March 2005 Economic and Revenue Council official state economic forecast.

In contrast to the short-term economic forecasts that focus on assessing business cycle conditions, long-term projections examine demographic trends, structural changes in industries, changes in production factors such as labor supply and capital investment, and technology/productivity advancements.

Microsoft Excel FileData Tables in Excel - all tables in a single Excel worksheet

Individual Chapters:

Last modified May 17, 2005
E-mail: OFM.Forecasting@ofm.wa.gov