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  • Governor's Communications Office, 360-902-4136

Gov. Gregoire�s statement on Washington�s New Economy & competitiveness rankings

For Immediate Release: November 21, 2008

OLYMPIA � Gov. Chris Gregoire today released the following statement on the 2008 State New Economy Index, as well as The Beacon Hill Institute�s 8th Annual Competiveness Report, both of which acknowledged Washington�s ability to compete in the new economy:

�Washington�s high ranking in both the 2008 State New Economy Index and The Beacon Hill Institute�s Competitiveness Report is a testament to the innovation and entrepreneurship of our state. Because of bold ideas, Washington is in a prime position to compete in a transforming global economy.

�The New Economy Index ranked Washington second in the nation for the state�s innovation capacity and globalization, and recognized the state for leading the nation in the movement toward a green economy. The Beacon Hill Institute ranked Washington sixth in the nation for its ability to attract and keep business while providing high standards of living for workers.

�Washington is proud of our culture of innovation which has changed the way the world works, from Boeing aircraft to online retail at Amazon.com.

�While we are certainly facing tough economic times, with continued innovation, Washington will rise to the challenge and come through even stronger. I applaud those companies that have taken risks, and look forward to continuing our work with the state�s business and labor communities to build a more diverse and thriving economy.�