I cant believe that California’s Economy was not Bottom Rated/
clearly this study is Racess
New York ranked #3? California ranked #11? hmmmm
I call shenanigans.
What are they using for “unemployment rate”? The government rate based on unemployment claims or the actual proportion of able-bodied adults that are not working but want to work?
Second, is the personal consumption adjusted for the local cost of living? A 3 bedroom ranch in Mississippi costa a LOT less than the same house does in New York. If they don’t adjust for local costs, then the income and consumption numbers mean nothing.
Notice all the “blue” states in the top level. I call BS.
Note the two best economies are North Dakota and Texas both of which are riding an oil boom. Imagine how the entire US economy would look if we abandoned the green energy boondoggles and developed our vast oil resources and built the XL Pipeline. The US could easily become energy independent and an oil exporter.
I would like to see the report indexed to show which states have Democrat governors and legislatures, which states have Republican governors and legislatures, and how long since a change in control.
For example, No. 1 on the list, Mississippi, currently had a Republican governor, but was controlled by Democrat governors until 2004. No. 2 on the list, New Mexico, also currently has a Republican governor, but was Democrat controlled until 2011.
I’m struggling to believe this or the previousl growth list.
California and Illinoise numbers are bogus. They have changed the reporting rules to accomodate the polls.
Article is BS. They rank certain states low because of average income but rate CA high because of it. Yet cost of living is 4x as much as say, South Dakota, while the average income is less than 15k difference.
States with the highest cost of living and greatest gov't spending are ranked highest and that favors the blue states.
the July unemployment rate; the change in nonfarm payroll jobs from June to July 2014; the 2013 GDP per capita; the 2012 per capita consumption; the 2013 average annual wage; the 2013 exports per capita; and the 2012 government expenditures.
Two words for this survey: Absolute Nonsense!
N.Dakota, Texas, Alaska ...Louisiana 19th
Florida claims to be low because the state lost 1,600 jobs in July. How can they rank one individual state because of job loss during a particular month?
Florida overall unemployment as of July averaged 6.2 which is better than well ranked New York and Alaska.
http://www.ncsl.org/research/labor-and-employment/state-unemployment-update.aspx
This is the stupidest thing I have ever seen .today.
Thanks for the laugh though.
I call horse pucky on this. California’s economy is in its death throes, among others, and probably being propped up by the administration.