[FRIAM] Economic Health?

[Steve Smith]

On 6/7/22 12:22 AM, glen wrote:
>
> https://wallethub.com/edu/states-with-the-best-economies/21697
>
> Top 5 in "Economic Health" are red states. But my guess is all we'll 
> hear about from those states for this election is how bad the economy 
> is. Economic Health is defined as:
>
>> Unemployment Rate: Double Weight (~4.30 Points)
>> Underemployment Rate: Half Weight (~1.08 Points)
>> Change in Nonfarm Payrolls (2021 vs. 2020): Full Weight (~2.15 Points)
>> Change in Total Civilian Labor Force (2021 vs. 2020): Full Weight 
>> (~2.15 Points)
>> Increase in Ratio of Full-Time Jobs to Part-Time Jobs (2020 vs. 
>> 2019): Half Weight (~1.08 Points)
>> Median Annual Household Income Adjusted for Cost of Living: Full 
>> Weight (~2.15 Points)
>> Growth in State Personal Income (2021 vs. 2020): Full Weight (~2.15 
>> Points)
>> Government Surplus/Deficit per Capita: Full Weight (~2.15 Points)
>> Unfunded Public Pension Plans per Capita: Full Weight (~2.15 Points)
>> Share of Uninsured Population: Half Weight (~1.08 Points)
>> Share of Population in Poverty: Full Weight (~2.15 Points)
>> Foreclosure Rate: Full Weight (~2.15 Points)
>> Growth in Number of Businesses (2020 vs. 2019): Full Weight (~2.15 
>> Points)
>> Fiscal Health: Full Weight (~2.15 Points)
>> Building-Permit Activity: Full Weight (~2.15 Points)
>> Average Educational Attainment of Recent Immigrants: Half Weight 
>> (~1.08 Points)
>> Average Educational Attainment of Recent Migrants from Other U.S. 
>> States: Half Weight (~1.08 Points)

I'm thinking this projects down somewhat to "service" vs "natural 
resource" economy.   Timber and Oil and ??? have been booming during and 
after Covid and amidst WWIII while tourist/service economies must still 
be suffering the shutdowns?


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