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2002 State Index Home
 
Introduction
 
Overview & Methodology
 
Overall Rankings
 
Summary of Results
 
THE INDICATORS
 
PART I: KNOWLEDGE JOBS
 
Information Technology Jobs

Managerial, Professional, and Technical Jobs

Workforce Education

Education Level of the Manufacturing Workforce
 
PART II: GLOBALIZATION
 
Export Focus of Manufacturing

Foreign Direct Investment
 
PART III: ECONOMIC DYNAMISM
 
"Gazelle" Jobs

Job Churning

IPOs
 
PART IV: THE DIGITAL ECONOMY
 
Online Population

Commercial Internet Domain Names

Technology in Schools

Digital Government

Online Agriculture

Online Manufacturers

Broadband Telecommunications
 
PART V: INNOVATION CAPACITY
 
High-Tech Jobs

Scientists and Engineers

Patents

Industry Investment in R&D

Venture Capital
 
ECONOMIC DEVELOPMENT STRATEGIES
 
Data Sources
 
Weighting Methodology
 
Endnotes
 
The Author

The New Economy Index
The Metro New Economy Index
The 1999 New Economy Index

BROWSE BY STATE:
The State New Economy Index
PART 1: KNOWLEDGE JOBS
Workforce Education
A weighted measure of the educational attainment (advanced degrees, bachelor's degrees, associate's degrees, or some college coursework) of the workforce. 8

"Nearly two-thirds of the new jobs created from 1992 to 1999 were managerial and professional jobs."

WHY IS THIS IMPORTANT? In the New Economy, which puts a premium on speed and flexibility, an educated workforce is critical to increasing productivity and fostering innovation. Fortunately, Americans have been getting more education. In 2000, 51 percent of workers had at least some college, up from 40 percent in 1991 and 33 percent in 1982. States with a more educated workforce are better positioned to capitalize on this trend.

THE RANKINGS: Demographic studies have shown that highly educated individuals are more geographically mobile than less educated individuals. 9 As a result, states like Colorado, Hawaii, and Washington that have attracted large numbers of people from other states generally have a more-educated workforce. Maryland and Virginia score high, in part because of the immigration of more-educated individuals to the Washington, DC region. States that have strong education systems, particularly in higher education (such as Connecticut, Massachusetts, and Minnesota), also score well. Meanwhile, many states with a less-educated workforce have high net out-migration (for example, South Dakota, West Virginia, and Wyoming), or have historically invested less in education (like Alabama, Louisiana, Mississippi, and Nevada).

 
STATES BY RANK
Rank State Score
1 Maryland 60.9
2 Colorado 59.6
3 Virginia 59.1
4 Massachusetts 58.2
5 New Hampshire 58.0
6 Minnesota 56.1
7 Connecticut 56.0
8 New York 53.8
9 Rhode Island 53.8
10 Hawaii 53.3
11 Washington 53.1
12 Utah 52.8
13 Oregon 52.3
14 Kansas 52.0
15 New Jersey 52.0
16 Vermont 51.5
17 Alaska 51.5
18 Montana 51.2
19 Pennsylvania 51.2
20 Delaware 51.1
21 Illinois 50.8
22 North Dakota 50.5
23 Michigan 50.5
24 Missouri 50.4
25 Wisconsin 49.3
26 Tennessee 48.6
27 Ohio 48.2
28 California 48.2
29 North Carolina 47.7
30 Oklahoma 47.5
31 South Dakota 47.5
32 Iowa 47.5
33 Indiana 46.6
34 Nebraska 46.6
35 Florida 46.3
36 Mississippi 45.7
37 Maine 45.6
38 Idaho 45.4
39 South Carolina 45.0
40 Georgia 44.8
41 Arkansas 44.6
42 Arizona 44.0
43 Texas 43.5
44 Alabama 43.4
45 Wyoming 43.1
46 New Mexico 42.7
47 Kentucky 42.7
48 Louisiana 39.3
49 Nevada 38.8
50 West Virginia 38.7
U.S. Average 49.2
    
ALPHABETICALLY
Rank State Score
44 Alabama 43.4
17 Alaska 51.5
42 Arizona 44.0
41 Arkansas 44.6
28 California 48.2
2 Colorado 59.6
7 Connecticut 56.0
20 Delaware 51.1
35 Florida 46.3
40 Georgia 44.8
10 Hawaii 53.3
38 Idaho 45.4
21 Illinois 50.8
33 Indiana 46.6
32 Iowa 47.5
14 Kansas 52.0
47 Kentucky 42.7
48 Louisiana 39.3
37 Maine 45.6
1 Maryland 60.9
4 Massachusetts 58.2
23 Michigan 50.5
6 Minnesota 56.1
36 Mississippi 45.7
24 Missouri 50.4
18 Montana 51.2
34 Nebraska 46.6
49 Nevada 38.8
5 New Hampshire 58.0
15 New Jersey 52.0
46 New Mexico 42.7
8 New York 53.8
29 North Carolina 47.7
22 North Dakota 50.5
27 Ohio 48.2
30 Oklahoma 47.5
13 Oregon 52.3
19 Pennsylvania 51.2
9 Rhode Island 53.8
39 South Carolina 45.0
31 South Dakota 47.5
26 Tennessee 48.6
43 Texas 43.5
12 Utah 52.8
16 Vermont 51.5
3 Virginia 59.1
11 Washington 53.1
50 West Virginia 38.7
25 Wisconsin 49.3
45 Wyoming 43.1

Source: U.S. Census, 2001 data.

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2002 State Index Home | Introduction | Overview &
Methodology
| The Rankings | Summary of Results
Development Strategies | Data Sources
Weighting Methodology | Endnotes | The Author

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