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Agency overview | |
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Headquarters | Olympia, Washington |
Employees | 735 (2024) [1] |
Annual budget | $10.5 billion (2025-26) [1] |
Agency executive |
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Website | Commerce.wa.gov |
The Washington State Department of Commerce is a state agency in Washington. Based in the state's capitol, Olympia, Washington, the agency is responsible for community and economic development. The agency manages several boards and commissions with a focus on businesses, local governments, tribes, and community-based organizations. [2] [3] [4]
As of 2024 [update] , the agency had approx. 735 employees and a $10.5 billion budget for the 2025-2026 biennium. [1]
Mike Fong, the former deputy mayor of Seattle and a regional director of the U.S. Small Business Administration, was appointed as head of the department in April 2023. [5]
In December 2024, Governor-elect Bob Ferguson appointed State Senator Joe Nguyen to succeed Mike Fong as the agency's director. [6]
In June 2025, the agency underwent organizational restructing, terminating 24 employees, dissolving its equity team and extending a pause on hiring due to budget shortfalls. [7]