According to 24/7 Wall Street, they are:
10. Maine
> GDP growth: 0.9%
> 2013 GDP: $54.8 billion (6th lowest)
> 1-yr. population change: -0.01% (2nd lowest)
> 2013 unemployment: 6.7% (23rd lowest)
9. Illinois
> GDP growth: 0.9%
> 2013 GDP: $720.7 billion (5th highest)
> 1-yr. population change: 0.11% (6th lowest)
> 2013 unemployment: 9.2% (3rd highest)
8. Alabama
> GDP growth: 0.8%
> 2013 GDP: $193.6 billion (25th lowest)
> 1-yr. population change: 0.34% (17th lowest)
> 2013 unemployment: 6.5% (tied-18th lowest)
7. Tennessee
> GDP growth: 0.8%
> 2013 GDP: $287.6 (19th highest)
> 1-yr. population change: 0.63% (24th lowest)
> 2013 unemployment: 8.2% (8th highest)
6. Missouri
> GDP growth: 0.8%
> 2013 GDP: $276.3 billion (22nd highest)
> 1-yr. population change: 0.33% (16th lowest)
> 2013 unemployment: 6.5% (tied-18th lowest)
5. New York
> GDP growth: 0.7%
> 2013 GDP: $1.3 trillion (3rd highest)
> 1-yr. population change: 0.38% (20th lowest)
> 2013 unemployment: 7.7% (14th highest)
4. Pennsylvania
> GDP growth: 0.7%
> 2013 GDP: $644.9 billion (6th highest)
> 1-yr. population change: 0.07% (3rd lowest)
> 2013 unemployment: 7.4% (19th highest)
3. Virginia
> GDP growth: 0.1%
> 2013 GDP: $452.6 billion (11th highest)
> 1-yr. population change: 0.89% (18th highest)
> 2013 unemployment: 5.5% (13th lowest)
2. Maryland
> GDP growth: 0.0%
> 2013 GDP: $342.4 billion (15th highest)
> 1-yr. population change: 0.74% (23rd highest)
> 2013 unemployment: 6.6% (22nd lowest)
1. Alaska
> GDP growth: -2.5%
> 2013 GDP: $59.4 billion (8th lowest)
> 1-yr. population change: 0.66% (25th lowest)
> 2013 unemployment: 6.5% (tied-18th lowest)
So while the Fed's jackboot is still slammed on the gas, 10+ states are likely in a recession. And thanks to new mortgages drying up, the failure of Japan's QE x 5, and the impending failure of the ECB's negative deposit rate, the ammo box is about to be empty. Have fun with that, Mr. Yellen.
ReplyDeleteThe City of Greeley and Weld County are growing because of the energy boom.
ReplyDeleteGreeley posts The annual Milken Institute report on best performing cities for 2013 was released in December. Greeley and the Greeley MSA (Greeley Metropolitan Statistical Area encompasses most of Weld County) were ranked 10th in the large cities category. This is a jump from the 42nd spot in the 2012 report. For 2013 as in previous reports, the Milken researchers examined 379 metropolitan areas for economic vitality based primarily on job creation and retention taking into account such things as stable and expanding wages and business growth.
Weld County posts Fertile fields of green can be found in every part County, which ranks as the third leading agricultural area in the United States. Weld County is Colorado's leading producer of cattle, grain and sugar beets. An abundance of water has been important to not only the agricultural community, but also to industrial development. Weld County is the second leading area in Colorado in the production of oil and gas. The county's many abundant resources provide a sound economic base and a secure future for the area. One of Weld County's most valuable resources is its labor force. The people resources provide a healthy labor climate for any corporation or industry.