Long-term economic forecast
This file contains long-term population, nonagricultural employment, and personal income projections for Washington state. In contrast to the short-term economic forecasts that focus on assessing business cycle conditions, these long-term projections examine structural changes in industries, changes in production factors such as labor supply and capital investment and technology/productivity advances. Data are now forecast to 2050.
Long term projections for the labor force, which are dependent on demographic trends, will be provided when the associated population forecasts by age, race, ethnicity, and sex become available.
Friday, May 6, 2022