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The citizens of Washington should enjoy a high quality of life, which requires a healthy state economy. To achieve this goal, the 1996 Legislature passed Substitute House Bill 2758 creating the Economic Climate Council (ECC). The ECC is responsible for selecting a series of benchmarks that characterize the competitive environment of the state. The benchmarks are indicators of the quality of life, education and skills of the workforce, infrastructure, and the costs of doing business.

The economic climate council shall consult with the Washington economic development commission in selecting benchmarks and developing economic climate reports and benchmarks. The commission shall provide for a process to ensure public participation in the selection of the benchmarks.