Washington State Space Economy

Space industry supports 6,200 jobs and contributes $1.8 billion to Washington’s economy.

Washington state is well positioned to compete in a growing commercial space industry, according to a new study led by the Puget Sound Regional Council.

The Washington State Space Economy report was developed to help industry leaders, elected officials, policy makers, and local economic development professionals strengthen and support the commercial space sector.

The report shows that the space industry has a strong economic impact throughout the central Puget Sound region and Washington state. Business activities tied to direct, indirect and induced impacts of the space industry will contribute an estimated $1.8 billion in economic activity to Washington communities in 2018. The estimated 6,200 jobs in the state supported by the space industry will provide an estimated $610 million in payroll. In addition, the space sector contributes about $62 million annually in state and local tax revenues.

PSRC’s Economic Development Board initiated the study of the region’s space sector as a priority action for the regional economic strategy, Amazing Place.

Analysis was performed by BERK consulting, and was supported by contributions from Blue Origin, City of Kent, Suquamish Tribe, City of Redmond, Snohomish County, City of Federal Way, City of Everett, Port of Bremerton, and City of Seattle.