Rich States, Poor States Economic Competitiveness Index

This document is a technical report titled 'Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index.' It presents the economic outlook and performance rankings of states based on various policy variables and economic indicators. The report outlines two primary rankings: the Economic Outlook Ranking, which forecasts future economic performance based on current state policies, and the Economic Performance Ranking, which evaluates past performance using metrics such as State Gross Domestic Product, Absolute Domestic Migration, and Non-Farm Payroll Employment. The report details the rankings of all 50 states, highlighting states that have lower tax burdens and spending as generally experiencing higher growth rates. It also provides specific data points for each state, including tax rates and economic performance metrics, to illustrate the relationship between state policies and economic outcomes. The document serves as a resource for policymakers and stakeholders interested in understanding state economic competitiveness.