What's The Outlook for Your State?

GBFan

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Oct 30, 2013
Messages
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The Economic Outlook Ranking is a forecast based on a current state's current standing in 15 state policy variables. Each of these factors is influenced directly by state lawmakers through the legislative process. Generally speaking, states that spend less - especially on income transfer programs, and states that tax less, particularly on productive activities such as working or investing – experience higher growth rates than states that tax and spend more.

The Economic Performance Ranking is a backward-looking measure based on a state’s performance on three important variables: State Gross Domestic Product, Absolute Domestic Migration, and Non-Farm Payroll Employment—all of which are highly influenced by state policy. This ranking details states’ individual performances over the past 10 years based on this economic data.

Rank


State




Rank


State

1


Utah




26


Arkansas

2


South Dakota




27


Delaware

3


Indiana




28


Massachusetts

4


North Dakota




29


Louisiana

5


Idaho




30


West Virginia

6


North Carolina




31


South Carolina

7


Arizona




32


New Hampshire

8


Nevada




33


Pennsylvania

9


Georgia




34


Maryland

10


Wyoming




35


Nebraska

11


Virginia




36


Hawaii

12


Michigan




37


New Mexico

13


Texas




38


Washington

14


Mississippi




39


Kentucky

15


Kansas




40


Maine

16


Florida




41


Rhode Island

17


Wisconsin




42


Oregon

18


Alaska




43


Montana

19


Tennessee




44


Connecticut

20


Alabama




45


New Jersey

21


Oklahoma




46


Minnesota

22


Colorado




47


California

23


Ohio




48


Illinois

24


Missouri




49


Vermont

25


Iowa




50


New York


Interesting to note that 8 out of the top 10 states have Republican governors, and 9 out of bottom ten have Democrat governors. Given that there are 29 Republican governors, and only 21 Democrat governors, that spread can be considered statistically significant.
 
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If Calif. is 23, this country is in terrible shape. California just lost the last of it's three major auto manufacturing companies. They're moving to TX.

I think we have about 400 billion in unfunded pensions. Once the Medi-cal expansion runs out, that's going to climb off the charts too.
 
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