![]() July 1999 The State New Economy Index builds on work we began in The New Economy Index, in which we used a new set of economic indicators to illustrate the structural foundations of what we and others have called the "New Economy." In the first report, we tracked the transformation of the U.S. economy along four main lines: the industrial and occupational mix, globalization, entrepreneurial dynamism and competition, and the IT revolution. Here, we have applied a similar set of indicators to the 50 states. The purpose of this report is not to crown "winners" or stigmatize "losers." Rather, our intent is to highlight differences among the structural foundations of state economies and to focus attention on a progressive policy framework to promote economic development in the New Economy. Table of Contents
The Progressive Policy Institute (PPI) |