Regional Economic Strategy Engagement Hub

What is the Regional Economic Strategy?

The Regional Economic Strategy (RES) serves as a five-year roadmap for strengthening economic growth in the central Puget Sound region. It evaluates the region's economy by identifying key challenges, emerging opportunities, and priorities for long-term development, and identifies key export industries that define the regional economy. 

The draft RES is organized around four goals that aim to grow the region’s key industries and strengthen its economic foundations:

• Strengthen global competitiveness to ensure the region remains a leader in international trade, innovation, and emerging technologies.
• Expand economic opportunity across the region to ensure that individuals and communities have the tools, resources, and access to participate fully in the economy.
• Foster a strong business climate that supports the regional economy by encouraging business growth and expansion.
• Support a high quality of life for regional residents, businesses, and visitors.

Twenty-seven strategies have been proposed to support these goals and provide a framework for economic development efforts across the region.

The Central Puget Sound Economic Development District Board oversees the development and adoption of the RES. The strategy also helps local governments and organizations collaborate on economic development issues and provides access to funding programs managed by the U.S. Economic Development Administration.

Share Feedback

PSRC is accepting feedback on the draft RES. Please email Jason Thibedeau, Program Manager - Economic Development, at jthibedeau@psrc.org.