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A new report ranks all 50 states from best to worst for economic conditions, showing which states have improved, and worsened, in creating an economic climate where businesses want to invest.
The American Legislative Exchange Council (ALEC) released the state analysis, which ranks Utah as the number one state, North Carolina as second, and Arizona as third. Idaho and Oklahoma fill out the top five spots, ranking fourth and fifth, respectively.
“The proof is in the pudding,” Jonathan Williams, ALEC’s chief economist who co-authored the report, told The Center Square. “Utah was the fastest growing state in the country by population, over 18 percent population growth in the last decade. So one of the key themes that we see not just in Utah but in so many of the top ten or the top half of states is that states that get it right with policy are getting it right with migration as people continue to vote with their feet. Taxpayers are continuing to vote with their feet against high-tax states and going toward states that offer more economic opportunity and really a better quality of life and a lower cost of life.”
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