Other pages about the topic: Economy
Released September 2012 (Revised October 2015)
In 2010, seven state agencies and the legislative staff, under the direction of Dr. William Beyers, University of Washington Geography Professor, and Marc Baldwin, Office of Financial Management (OFM), initiated the estimation of a new version of the Washington State Input-Output (I-O) model. OFM staff member Dr. Ta-Win Lin served as the project coordinator.
Updated April 2011
In 2006, seven state agencies and the legislative staff, under the direction of University of Washington Geography Professor, Dr. William Beyers, and the Office of Financial Management (OFM) Assistant Director of Forecasting Division, Dr. Irv Lefberg, initiated the estimation of a new version of the Washington State Input-Output model. OFM staff Dr. Ta-Win Lin served as the project coordinator.
Value of Washington exports
2016 ($ Millions)
What is inflation?
Inflation has been defined as a process of continuously rising prices, or equivalently, of a continuously falling value of money. In other words, inflation causes the buying power of a dollar to decrease over time. A 15 cent hamburger in 1966 seems to us a lot cheaper than the 79-cent hamburger of today. But when the price of that 1966 burger is adjusted for inflation, the price is comparable.
Employment Estimates for Counties are developed by the Employment Security Department in cooperation with the Federal Bureau of Labor Statistics (BLS). These estimates are based on the Current Population Survey and other administrative data. For additional information contact Department of Employment Security, Labor Market and Economic Analysis at 360-407-4569.
Inflation-adjusted to 2015 dollars