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Understanding the Economy: April's State-by-State Snapshots


State-by State Report with March 2010 Economic Data Now Available
          

Washington, D.C. – Today the Joint Economic Committee (JEC) released its monthly state-by-state report Understanding the Economy: State-by-State Snapshots,featuring key economic indicators for each of the 50 states and the District of Columbia.  The report, available online at www.jec.senate.gov, has been updated to include state data released April 16 by the Bureau of Labor Statistics (BLS) and is the fourth installment of JEC’s State-by-State Economic Snapshots series. The first report was released in January 2010.

The updated reports show that in many states, the economy is growing, especially in the area of private-sector employment.  In March, twenty-seven states and the District of Columbia saw increases in private sector employment,[1] eleven states saw increases in February and March,[2] and seven states experienced increases in private sector employment in all three months in the first quarter of 2010.[3]  

“This report shows that as we continue to see encouraging signs of growth in the overall U.S. economy, individual states are experiencing the recovery in different sectors and at different rates,” said Congresswoman Carolyn Maloney, Chair of the JEC.

Understanding the Economy: State-by-State Snapshots features key economic statistics for each state, including:

  • Jobs created or lost since the start of the recession;
  • Jobs saved or created by the Recovery Act;
  • Unemployment rates;
  • Per capita earnings; and, 
  • The condition of the housing sector.

The JEC will continue to update Understanding the Economy: State-by-State Snapshots monthly. 

A link to each state’s report follows:

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 The Joint Economic Committee, established under the Employment Act of 1946, was created by Congress to review economic conditions and to analyze the effectiveness of economic policy.



[1] Arkansas, California, Connecticut, Delaware, Hawaii, Iowa, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Missouri, Montana, Nebraska, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Dakota, Tennessee, Utah, Virginia, Washington and West Virginia.

[2] California, Connecticut, Hawaii, Iowa, Illinois, Indiana, Kansas, Massachusetts, Missouri, New York and Tennessee. 

[3] California, Connecticut, Iowa, Illinois, Massachusetts, New York and Tennessee.  Each month, the Bureau of Labor Statistics revises the previous two months data.  Thus, the list of states experiencing private sector employment increases may vary from the JEC state-by-state report from the previous month.