'Rich States, Poor States' ALEC-Laffer State Economic Competitiveness Index
11th Edition of ALEC-Laffer State Rankings
The competitiveness index is composed of two separate rankings from best to worse. The first is the economic performance ranking for each state, which is based on three key metrics over the past decade—growth in gross state product (GSP) and non-farm payroll employment, as well as net domestic migration—calculated using the most recent available data. The second ranking provides the economic outlook for state. The forecast is based on 15 equally-weighted policy areas that are influenced directly by state lawmakers.
Utah is first in the competitiveness index followed, in order, by Idaho, Indiana, North Dakota, Arizona, Florida, North Carolina, Wyoming, South Dakota, and Virginia. Finishing at the bottom of the heap were Oregon, Maine, Montana, Minnesota, Hawaii, New Jersey, California, Illinois, Vermont, and New York.