The Regional Economic Strategy is an active blueprint to ensure the region’s long term sustainable economic prosperity. It outlines the Prosperity Partnership’s initiatives for improving the five foundation areas of the economy: education and workforce development, business climate, entrepreneurship and innovation, infrastructure, and quality of life. Each foundation has a set of strategies – there are over two dozen strategies to achieve the region’s economic development goals.

The Economy Report assesses industry cluster and foundational issues associated with successful economic development strategies and creates a context for understanding the central Puget Sound’s competitive position relative to peer regions. Industry clusters include: Aerospace, Business Services, Clean Technology, Information Technology, Life Science and Global Health, Maritime, Military, Philanthropies, Tourism and Visitors, and Transportation and Logistics.

The Regional Economic Strategy and Economy Report will serve as the region’s Comprehensive Economic Development Strategy (CEDS) under Economic Development Administration guidelines. The Economic Development District Board adopted the Regional Economic Strategy and Economy Report on July 25, 2012.

Project Sponsors

U.S. Dept. of Commerce – Boeing – Microsoft – City of Auburn – City of Bellevue – City of Bremerton – Economic Development Board for Tacoma-Pierce County – enterprise Seattle – City of Everett – City of Kent – King County – Kitsap County – Pierce County – Port Madison Enterprises – Port of Seattle – Port of Tacoma – Premera Blue Cross – Puget Sound Energy – Economic Alliance Snohomish County – The Suquamish Tribe – City of Tacoma – We Work for Health