As of Tuesday, April 28, 2015
Idaho is No. 13 in the economic performance rank and No. 6 in the economic outlook rank, according to the newest edition of Rich States, Poor States, released recently by the American Legislative Exchange Council.
Top 10 for overall economic outlook includes Utah, North Dakota, Indiana, North Carolina, Arizona, Idaho, Georgia, Wyoming, South Dakota and Nevada. At the bottom are Pennsylvania, Maine, Montana, California, Oregon, New Jersey, Connecticut, Minnesota, Vermont and New York.
The index uses 15 economic policy variables to make its list. These include personal income tax rate, corporate income tax rate, personal income tax progressivity, property tax burden, estate/inheritance tax, recent tax legislative changes, number of state’s public employees, liability surveys, state minimum wage and workmans’ compensations costs.
In 2010 Idaho was at No. 7 for economic outlook followed by a No. 5 in 2011, No. 6 in 2012, No. 7 in 2013 and a No. 5 in 2014.
For a full list and explanation of details go to www.alec.org.rsps.