September 2012, Volume 30, Issue 18

Index of State Economic Momentum

The improvement in state economies has started to regain momentum after falling off in the June 2012 update. Personal income data from the second calendar quarter of 2012 show faster growth than the first quarter, but slower growth compared to the final quarter of 2011. Employment growth remained fairly stable, though many states continue to deal with manufacturing and government job losses. Western states continue to dominate the index.