Bangerter also emphasized economic development. During his eight years in office he made several economic development trips overseas, establishing trade relation offices in Asia and Europe. He also increased state funding for economic development programs such as the Centers of Excellence and Corporate Recruitment. Efficiency in government was the third major area of emphasis. Despite sizable increases in education and economic development funding, Bangerter kept state expenditures in line with the growth of inflation and the state's population while implementing methods to increase the productivity of state programs. In November 1990 Governor Bangerter announced he would not seek a third term and retired to private life.