2014 Rich States, Poor States Report & Where Arizona Stands

The American Legislative Exchange Council today released their 7th annual “Rich States, Poor States” report, which ranks states in two metrics: historical performance based on economic indicators, and forecasted outlook based on policy variables. Here’s the top and bottom 10 breakdown this year:

Economic Outlook Ranking, 2014 Economic Performance Ranking, 2002-2012
1. Utah 41. Rhode Island 1. Texas 41. Massachusetts
2. South Dakota 42. Oregon 2. Utah 42. Maine
3. Indiana 43. Montana 3. Wyoming 43. California
4. North Dakota 44. Connecticut 4. North Dakota 44. Wisconsin
5. Idaho 45. New Jersey 5. Montana 45. Connecticut
6. North Carolina 46. Minnesota 6. Washington 46. Illinois
7. Arizona 47. California 7. Nevada 47. Rhode Island
8. Nevada 48. Illinois 8. Arizona 48. New Jersey
9. Georgia 49. Vermont 9. Oklahoma 49. Ohio
10. Wyoming 50. New York 10. Idaho 50. Michigan

It turns out that these policies matter. A quick look shows that Utah, North Dakota, Arizona, and Idaho appear in the top ten for performance and outlook, while Rhode Island, Connecticut, New Jersey, California, and Illinois appear in the bottom ten for both performance and policy.

Read the rest of this article by TaxFoundation.org by clicking here.