The Senate Site Rich States, Poor States: Utah is #1

Rich States, Poor States: Utah is #1

Posted in 2013, 2014, Featured on Tuesday, April 15th, 2014 at 5:40 PM No Comments

The American Legislative Exchange Council (ALEC) has released its 2014 Edition of Rich States, Poor States.

Good news: Utah was ranked #1 for the 7th year in a row for Economic Outlook.  This forecast is ‘a forward-looking. . . based on the state’s standing (equal-weighted average) in 15 important policy variables’ like minimum wage, right-to-work, sales tax burden, and income tax rates.

We also ranked #2 for overall Economic Performance Rank.  This is a ‘backward-looking measure based on the state’s performance (equal-weighted average) in 3 performance variables’ such as GDP and Domestic Migration.

Check out the index sheet for specifics:

Index Sheet

This is good news for Utah; indicative of the value that our citizens place on principles of limited government, low tax rates, and pro-growth fiscal policy.

If you’re interested, here are a few thoughts re: past years’ RSPS releases:

Something to Celebrate by Wayne Niederhauser and Jonathan Williams. (2013)

We’re #1 (for Economic Outlook). (2013)

Utah’s Bright Economic Outlook by Wayne Niederhauser. (2012)

And a few MSM bright spots spawned by today’s release:

– Washington Post’s GovBeat: Free-market group ALEC: Utah has the best economic outlook this year

– Investor’s Business Daily: States that tax and spend less do better economically

– Utah Policy: ALEC: Utah has best economic outlook

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