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MAP: The US States That Are Growing And The Ones Being Left Behind
Business Insider ^ | 06/08/2012 | Max Nisen

Posted on 06/08/2012 6:48:15 AM PDT by SeekAndFind

From the BEA's state by state GDP breakdown for 2011. The dark blue states (highest quintile) are the 10 fastest growing states, the light blue the next 10, and so on.   

chart

Bureau of Economic Analysis


(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Society
KEYWORDS: economy; growthstates; states

1 posted on 06/08/2012 6:48:25 AM PDT by SeekAndFind
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To: SeekAndFind

Rhode Island could grow some. I don’t think they can land airplanes there, it’s so small.


2 posted on 06/08/2012 6:52:42 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: SeekAndFind

WV is number two....not sure I’m happy about that.


3 posted on 06/08/2012 6:54:43 AM PDT by Roccus
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To: SeekAndFind

I wish they would’ve defined “fastest growing”.


4 posted on 06/08/2012 6:55:36 AM PDT by skeeter
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To: SeekAndFind

Ooopps....make that #3 (more coffee please)


5 posted on 06/08/2012 6:55:36 AM PDT by Roccus
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To: SeekAndFind
Michigan is a dead cat bounce.
6 posted on 06/08/2012 6:56:00 AM PDT by Mikey_1962 (Obama: The Affirmative Action President.)
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I take that back - now that I’ve found my glasses I see the number.


7 posted on 06/08/2012 6:57:19 AM PDT by skeeter
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To: SeekAndFind

Florida isn’t doing too well - bad news ...


8 posted on 06/08/2012 6:58:03 AM PDT by Ken522
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To: SeekAndFind

Interesting CA is considered a “high-growth” state. Probably a lot of that could be attributed to the influx of illegals.


9 posted on 06/08/2012 6:58:41 AM PDT by ScottinVA (Buying Drain-O requires photo I.D... yet voting doesn't???)
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To: SeekAndFind

Love the characterization of PA, NY and NJ as MidEast.


10 posted on 06/08/2012 7:00:16 AM PDT by j_tull (Massachusetts once lead the American Revolution. Under Mitt Romney, it lead the demise.)
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To: SeekAndFind

It breaks my heart to see Texas near the top. Welcome to Texas, now go home!


11 posted on 06/08/2012 7:00:34 AM PDT by ConservaTexan (February 6, 1911)
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To: skeeter
I wish they would’ve defined “fastest growing.”
There is a link to the 'statistics'.


12 posted on 06/08/2012 7:03:32 AM PDT by chickadee
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To: SeekAndFind

WOW...check out WV and ND - entirely energy-driven.


13 posted on 06/08/2012 7:04:06 AM PDT by montag813
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To: Ken522

Not sure what is going on in the rest of Florida...but the Tampa Bay area is an awesome place to live. Wouldn’t trade it for anywhere...well maybe NC mountains for a few months.


14 posted on 06/08/2012 7:04:35 AM PDT by Awgie (truth is always stranger than fiction)
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To: ScottinVA

>> Interesting CA is considered a “high-growth” state.

IIRC, *all* spending counts towards GDP, including government spending.

Lots of stimulus shot its wad wiuthin the borders of Kalifornia, I’m guessing.


15 posted on 06/08/2012 7:05:35 AM PDT by Nervous Tick (Trust in God, but row away from the rocks!)
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To: skeeter
I really question California and Michigan being listed as fastest growing, unless you could all the temporary "stimulus" money that has been pumped in by Obama. Long term growth private industries are fleeing those two states.

jmho

16 posted on 06/08/2012 7:08:13 AM PDT by FreeAtlanta (Liberty and Justice for ALL)
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To: SeekAndFind

I thought Louisiana would be higher and I am suprised about California. I thought it was tanking.


17 posted on 06/08/2012 7:09:59 AM PDT by Bitsy
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To: SeekAndFind

So these are the states that the illegals are breeding in?


18 posted on 06/08/2012 7:09:59 AM PDT by Born to Conserve
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To: SeekAndFind
Growing in what? Population? Non producers? Producers? Entitlement recipients? Taxpayers? Don't wish to click on a BI trashware link to read leftist spun propaganda.
19 posted on 06/08/2012 7:10:42 AM PDT by Navy Patriot (Join the Democrats, it's not Fascism when WE do it and the law is what WE say it is.)
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To: SeekAndFind

I think a far better comparison would be DEBT to GDP ratio.

IMHO there are five states that are way out in front in growth and it has everything to do with E N E R G Y. California should be in the group, but they couldn’t be bothered with energy development, not while they can get it from others.

AK, MT, ND, TX, and WY.


20 posted on 06/08/2012 7:12:16 AM PDT by wita
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To: ScottinVA

Only by counting in all of the government money wasted on bogus energy companies and products, not to mention Why are rentals and housing included in GDP?


21 posted on 06/08/2012 7:14:13 AM PDT by bdfromlv (Leavenworth hard time)
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To: Roccus
WV is number two....not sure I’m happy about that.

I'm guessing this increase in GDP is due to the Marcellus Shale Gas boom, eventually Obama will get around to killing that like he's done with coal mining and we will be back at the bottom.

22 posted on 06/08/2012 7:17:53 AM PDT by apillar
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To: Awgie
Not sure what is going on in the rest of Florida...but the Tampa Bay area is an awesome place to live.

Hear, hear!

Lived in Pinellas county almost my entire life, and I wouldn't trade it for much of anywhere except maybe the foothills of the Blue Ridge Mountains.

23 posted on 06/08/2012 7:21:59 AM PDT by rarestia (It's time to water the Tree of Liberty.)
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To: Mikey_1962
Michigan is a dead cat bounce.

Unfortunately true. We've got a state government so enamored with education and tech jobs that they see no point in encouraging manufacturing which is an essential part of any healthy economy.
24 posted on 06/08/2012 7:22:33 AM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: FreeAtlanta

Now that I think about it, I’m sure retired state employees are propping up the economy here by spending their pension money.


25 posted on 06/08/2012 7:24:02 AM PDT by skeeter
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To: Bitsy

California’s percentage increase is enabled due to its poor performance in the same statistic in the far west group in 2009 and 2010. See the statistic link above.

If you have the second highest shrinkage in 2009 and then the lowest growth in 2010, it is much easier to show a higher growth “percentage” in 2011 — you are starting from further back.

Its like the horse that stumbles in the first quarter but leaves the gate, in the next quarter he is slow in getting his stride, and then finally in the third quarter he is doing real well but he is still at the back of the pack.

All that negativity aside, California is a huge state with huge resources, industy and agriculture to add to a very skilled population. There are areas that are wonderful — just don’t look for the state house or local government to not be killing the state every year due to the leftist education and media corrupting the population.


26 posted on 06/08/2012 7:32:13 AM PDT by KC Burke (Plain Conservative opinions and common sense correction for thirteen years.)
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To: j_tull
Straight out of Anchorman.
27 posted on 06/08/2012 7:36:57 AM PDT by GOP_Party_Animal
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To: KC Burke

just don’t look for the state house or local government to not be killing the state every year due to the leftist education and media corrupting the population. - Blue state plague. Thanks for the explanation.


28 posted on 06/08/2012 8:26:14 AM PDT by Bitsy
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To: Bitsy
In the 60s in my high school we had a business and law class that had a number of books assigned covered in segments during the course. One of these books was How to Lie with Statistics which was later out of print. In the 90s it was re-written and is still in print.

This book explained the issues of how graphs, charts and issues like percentages were used to lie, or make a slanted case for an issue and our instructor spent about two weeks going over examples in depth. It stuck with me my whole life but was of course expanded by economics in college.

If you mark up some good to which you have a minor amount of value added, 30% for direct cost of what you are doing in purchnsing and handling and you have a business overhead of 15% and then want to add a 5% profit, you have added a 50% mark-up but your selling price is 150% of the entire item. Likewise, your 20% overhead and profit (your gross profit to the business) can be slanted by saying that the net profit (again in mark-up expressed as 5% but now excluding obusiness verhead) is only 3 1/3 percent of the selling price.

Charts that don't start with the scale at zero are also very illustrative of how statistics can be used to sway what we take away from viewing them. Look at any stock chart for different time periods. Many of the lefts excuses for growing government are all based upon the artful lie with statistics.

29 posted on 06/08/2012 8:50:00 AM PDT by KC Burke (Plain Conservative opinions and common sense correction for thirteen years.)
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