According to the 2010 State New Economy Index, released last week by the Ewing Marion Kauffman Foundation and the Information Technology and Innovation Foundation, Washington is at the forefront of creating a new economy that is global and innovation-based in nature. Other leading states are Massachusetts, Maryland, New Jersey, and Connecticut.
The study notes that states leading the new economy revolution tend to have a lot of high-tech jobs, a high concentration of managers, professionals and college-educated residents, and an advanced entrepreneurial spirit. Well, Washington certainly has all of those things! Even just looking at our client roster – which ranges from cleantech and social impact causes to consumer tech and media and entertainment – it’s clear that we’re working with some of the most innovative companies in the state and are directly contributing to the growth of the new economy.
The 2010 State New Economy Index coincides nicely with the recent findings of our own “State of Seattle” survey, which found that there is currently a transformation underway in our local economy. Seattle residents are betting on the health sciences, non-profit and sustainability industries to lead the city’s economic growth, representing a move beyond Seattle’s software and aerospace heritage.
We here at Weber Shandwick are proud of Washington’s high rank on this index and we look forward to continuing to lead the new economy revolution.
Image courtesy of Wonderlane.