topic Re: Economic Prospects by State, 2017 in Community Chat

Economic Prospects by State, 2017

Oznell — Mon, 24 Apr 2017 17:45:40 GMT

The ALEC-Laffer State Economic Outlook Rankings for this year are out now. The top ten rankings are:

Utah

Indiana

North Carolina

North Dakota

Tennessee

Florida

Wyoming

Arizona

Texas

Idaho

Interesting to see North Dakota up there. I'm assuming that's because the oil boom must be continuing? It's good to see states move up to prosperity.

I'm going to leave off the bottom 10 states, out of consideration for those of us who live in them and might get depressed! Congrats, top ten!

Re: Economic Prospects by State, 2017

tansy — Mon, 24 Apr 2017 17:30:20 GMT

This is not a source I would put any faith in. 😏

Re: Economic Prospects by State, 2017

sunshine45 — Mon, 24 Apr 2017 17:36:48 GMT

@tansy wrote:
This is not a source I would put any faith in. 😏

i agree tansy.....definitely take the information provided with a grain of salt.

Re: Economic Prospects by State, 2017

AngusandBuddhasMom — Mon, 24 Apr 2017 17:38:51 GMT

Property Tax burden for NJ almost 55.00 just one of the reason so I am not surprised we pay for the rest of the country in different ways as does NY,Conn and Calif. We are always in the top for highest earners in the nation. If we were to be like the states in the top of this ranking then we all would be in trouble.

Re: Economic Prospects by State, 2017

Susan-QVC — Mon, 24 Apr 2017 17:42:22 GMT

This post has been removed by QVC political

Re: Economic Prospects by State, 2017

itiswhatitis — Mon, 24 Apr 2017 17:42:53 GMT

For a balanced view of how the states are doing, better sources would be the CBO.

I also like this:

U.S. News, with deep experience in rankings and analysis, has assembled thousands of data points about the states and produced an online portal that enables anyone to easily see what makes some states stronger and draw comparisons with others. The project is powered by a Leading States Index developed by McKinsey & Company, which has extensive experience in consulting focused on the improvement of state governance.

The benchmarks reach across seven broad categories – health care, education, opportunity, economy, infrastructure, crime & corrections and government – and include 68 metrics within the larger categories. The data come from reliable governmental and private sources, and the weight assigned to each category is based on a survey that McKinsey conducted about what matters most to people about their states.

"What we've helped do is collect a wide range of data – a lot of data from publicly available sources," says McKinsey's Andre Dua. "But we've also created our own proprietary data, particularly into how citizens view the performance of governments."

Health care and education are weighted most heavily.

And for this reason, Massachusetts – which ranks No. 1 nationally in education and No. 2 in health care in all of these metrics – stands out as the overall No. 1 Best State. New Hampshire – No 1 in opportunity for its citizens – ranks No. 2 overall. Minnesota – No. 2 in opportunity, No. 5 for infrastructure – ranks No. 3.

https://www.usnews.com/news/best-states/articles/2017-02-28/best-states-explores-which-states-are-best-serving-their-citizens

Re: Economic Prospects by State, 2017

libbyannE — Mon, 24 Apr 2017 17:45:47 GMT

You need to look for unbiased sources for such info. Always know your source!

Re: Economic Prospects by State, 2017

SilleeMee — Mon, 24 Apr 2017 17:56:18 GMT

I'm sure that the list does not include states that have made ~~millions~~ billions in the marijuana industry.

Re: Economic Prospects by State, 2017

itiswhatitis — Mon, 24 Apr 2017 18:37:48 GMT

Some states shine in health care. Some soar in education. Some excel in both – or in much more. The Best States ranking of U.S. states draws on thousands of data points to measure how well states are performing for their citizens. In addition to health care and education, the metrics take into account a state’s economy, the opportunity it offers people, its roads, bridges, internet and other infrastructure, its public safety and the integrity and health of state government.

More weight was accorded to some state measures than others, based on a survey of what matters most to people. Health care and education were weighted most heavily. Then came the opportunity states offer their citizens, their crime & corrections and infrastructure. State economies followed closely in weighting, followed by measures of government administration. This explains why Massachusetts, ranking No. 1 in education and No. 2 in health care, occupies the overall No. 1 spot in the Best States rankings. And it explains why New Hampshire, ranking No. 1 in opportunity for its citizens, ranks No. 2 overall in the Best States rankings.

Parameters such as Health Care, Education, Crime and Corrections, Infrastructure, Opportunity, Economy and Government are used to come up with the top 10 list.

Re: Economic Prospects by State, 2017

Oznell — Mon, 24 Apr 2017 18:26:18 GMT

I am a bit baffled that the link I provided to the state economic outlook rankings in my original post disappearred, while another one provided by another poster is left in?

But that's OK. I think people should be able to see all different ways of determining prosperity rankings, and those interested will be easily able to seek them out.

Whatever way you judge them, I'm pleased for any and all states that are able to improve their prospects, but I'm disappointed that some posters don't want everyone to have access to a variety of points of view.

Re: Economic Prospects by State, 2017

software — Mon, 24 Apr 2017 18:30:16 GMT

Funny that your post was edited.

I don't have a problem with your source.

I went and peeked at the bottom 10, whew, my state is NOT on it!

At least not now.

@Oznell

Re: Economic Prospects by State, 2017

software — Mon, 24 Apr 2017 18:32:13 GMT

@Oznell wrote:
I am a bit baffled that the link I provided to the state economic outlook rankings in my original post disappearred, while another one provided by another poster is left in?

But that's OK. I think people should be able to see all different ways of determining prosperity rankings, and those interested will be easily able to seek them out.

Whatever way you judge them, I'm pleased for any and all states that are able to improve their prospects, but I'm disappointed that some posters don't want everyone to have access to a variety of points of view.

Exactly!

Re: Economic Prospects by State, 2017

proudlyfromNJ — Mon, 24 Apr 2017 18:34:21 GMT

@software wrote:
@Oznell wrote:
I am a bit baffled that the link I provided to the state economic outlook rankings in my original post disappearred, while another one provided by another poster is left in?

But that's OK. I think people should be able to see all different ways of determining prosperity rankings, and those interested will be easily able to seek them out.

Whatever way you judge them, I'm pleased for any and all states that are able to improve their prospects, but I'm disappointed that some posters don't want everyone to have access to a variety of points of view.

Exactly!

My guess is someone complained. Anyway, I'm sure everyone knows where to find all the pertinent info.

Re: Economic Prospects by State, 2017

Oznell — Mon, 24 Apr 2017 18:37:10 GMT

Thanks, software. I have no problem with anyone disputing the detailed and complicated ways that the link determnes the rankings-- more power to them! I still maintain more information is better than less-- let a variety of sources be consulted, and people are usually smart enough to discern whether they are valid for them...

Re: Economic Prospects by State, 2017

AngusandBuddhasMom — Mon, 24 Apr 2017 18:36:12 GMT

@software wrote:
Funny that your post was edited.

I don't have a problem with your source.
I went and peeked at the bottom 10, whew, my state is NOT on it!
At least not now.

@Oznell

Your states are doing well because they don't take on the burden of the states that payer higher taxes across the board. So yes it is not a good source because it is not explaining why they are doing better or what would happen if they actually had to pay what others pay.

Re: Economic Prospects by State, 2017

tansy — Mon, 24 Apr 2017 18:40:25 GMT

@Oznell wrote:
Thanks, software. I have no problem with anyone disputing the detailed and complicated ways that the link determnes the rankings-- more power to them! I still maintain more information is better than less-- let a variety of sources be consulted, and people are usually smart enough to discern whether they are valid for them...

Everyone here knows how to Google. Your source is still there.

Re: Economic Prospects by State, 2017

Puzzle Piece — Mon, 24 Apr 2017 18:41:36 GMT

@AngusandBuddhasMom I agree.

Even though this or that state ranks high for this or that, I clearly wouldn't want to live there regardless of the so called stats and ratings.

CA has always done well in covering their legal and illegal occupants depending on the different couties. Taxes - we pay too much to provide for others. We probably could be our own country.

Re: Economic Prospects by State, 2017

Oznell — Mon, 24 Apr 2017 18:43:25 GMT

caravaggio, I agree totally that some states are hideously over-taxed! I've lived in at least one of them. The heavy tax burden did not improve the standard of living, the infrastructure, or the lack of creation of new jobs. Perhaps it is good to have a variety of ways of determining economic health...

Re: Economic Prospects by State, 2017

sunshine45 — Mon, 24 Apr 2017 18:45:44 GMT

@Oznell wrote:
I am a bit baffled that the link I provided to the state economic outlook rankings in my original post disappearred, while another one provided by another poster is left in?

But that's OK. I think people should be able to see all different ways of determining prosperity rankings, and those interested will be easily able to seek them out.

Whatever way you judge them, I'm pleased for any and all states that are able to improve their prospects, but I'm disappointed that some posters don't want everyone to have access to a variety of points of view.

@Oznell

the pdf you linked to can be found easily if anyone wants to see all of the information from that source. my guess is is that the mod deleted the link because it does have a lot of "political" references and topics in it.

if you notice, the other links were deleted also.

Re: Economic Prospects by State, 2017

QueenDanceALot — Mon, 24 Apr 2017 18:44:59 GMT

@Oznell wrote:
The ALEC-Laffer State Economic Outlook Rankings for this year are out now. The top ten rankings are:

Utah
Indiana
North Carolina
North Dakota
Tennessee
Florida
Wyoming
Arizona
Texas
Idaho

Interesting to see North Dakota up there. I'm assuming that's because the oil boom must be continuing? It's good to see states move up to prosperity.

I'm going to leave off the bottom 10 states, out of consideration for those of us who live in them and might get depressed! Congrats, top ten!

A friend who has a number of relatives in the oil biz lost their jobs a few years back due to the boom busting.