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What's The Outlook for Your State?

Discussion in 'U.S. Politics' started by GBFan, Apr 28, 2014.

  1. GBFan

    GBFan Well-Known Member

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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.
     
  2. dogtowner

    dogtowner Moderator Staff Member

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    VA #11 baded mainly on boom times in nova for govt expansion.
     
  3. Cruella

    Cruella Well-Known Member

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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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