WA State Business Statistics

WA State Department of Revenue released in its 2008 year end report the following business statistics:

Gross Business Income was reported at over $627 billion, an increase of 2.7% or $16.8 billion compared to 2007.  Overall in 2008 there was small growth during the year 2008.

Food products were up 14% or $1.3 billion, wholesaling (electronics, agents, and brokers) up 8% or $800 million, and business, personal, and other services, up 8.6% or $9.2 billion.

New and used Auto dealers reported a loss of 19.6% income (approx. $3 billion), lumber and wood down 12.9% (approx . 1.2 billion) , and construction down 1%, approximately $400 million.