Puget Sound Regional Council

The Puget Sound region is fortunate to have some of the world’s greatest business entrepreneurs, educators and scientists. The region is known—and envied—around the world, for its base of strong industry clusters with significant level of employment, higher than average location quotient (LQ) and projected growth.


The state aerospace industry supports more than 130,000 people working in more than 1,250 companies—most of them in the four-county region.

This state has two of the finest research universities in the world—the University of Washington and Washington State University—providing a catalyst for research and development (R&D) initiatives and supplying a highly educated workforce.

Information Technology

Our information technology sector has attracted the smartest software engineers on the planet for a generation, making this area one of the hottest spots in the country for IT, data storage, gaming software and other innovations.

Life Sciences and Global Health

The largest philanthropic organization in the history of mankind—the Bill and Melinda Gates Foundation—is here, fueling a booming life sciences and global health sector that is focused on curing deadly diseases and bringing the latest medical advances to the world.


The military is also a huge contributor to the regional economy, with Pierce County hosting one of the most important military bases in the world. Kitsap has a bustling naval base and Everett is a strategic Navy home port for thousands of military families and the businesses that support them.


Puget Sound’s maritime heritage and connections to Alaska have helped the region keep strong ties to the water and its related industries.

To ensure that the Puget Sound region continues to thrive, PSRC has developed an updated Regional Economic Strategy. The Economy Report analyzed both the Economic Foundations of the regional economy and ten key Industry Clusters. The Regional Economic Strategy serves as the region’s Comprehensive Economic Development Strategy (CEDS) under Economic Development Administration guidelines.

Regional Economic Strategy

Puget Sound Regional Council • 1011 Western Ave, Suite 500 • Seattle, WA 98104 • 206-464-7090