Index of State Economic Momentum

Little has changed. Calendar year 2013 has been remarkably static in terms of state economic momentum, and that isn’t a good thing. Personal income and employment growth have been tepid in most states, unemployment rates have changed little, and the majority of the nation’s population resides in states with above-average unemployment rates. In short, political gridlock in Washington, DC, is taking its toll on the national economy, with no end in sight.