States with lower tax rates, lower debt and fewer government restrictions generally have stronger economic outlooks, according to the latest report that ranks states from best to worst based on how friendly their policies are to economic growth.
The American Legislative Exchange Council released its “Rich States Poor States” report Tuesday. The report ranks states based on “economic outlook” using 15 factors.
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According to a new analysis by the nonprofit American Legislative Exchange Council (ALEC), Pennsylvania ranks 46th among states for economic performance and 35th for economic outlook.
Now in its 16th edition, ALEC’s Rich States, Poor States compares states’ economic posture based on 15 policy factors. Pennsylvania’s performance only ranked ahead of West Virginia, Connecticut, Alaska and — in dead last — Louisiana.
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