Awhile back KPMG, the big consulting firm, release its 2008 Competitiveness study meant to compare business locations in North America, Europe and Asia Pacific. Wondering how our region (and city) fared against others in the Pac NW we drilled down in the data a bit.
The table above is the result. We looked at Portland and Boise to simplify. Seattle was left out of our comparison because for some of the data above (GDP and R&D expenditures) they were included with Spokane in the analysis.
The data that most stands out for our region/state is the GDP per capita. Between 2004 and 2006 it grew by a pretty significant factor pushing up our index (and Seattle's) beyond the national index (100) to 105. Also significant is the Gross Expenditure on R&D. Again it outstripped Boise (1.07%) and Portland (2.72%) to 4.32% overall. While a good portion of this figure represents Seattle's prowess in the R&D realm, some of that figure is based on Spokane's input. With the energy and infrastructure being put in place in our University District this can only mean an even brighter future for our region.