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:
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