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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 2: GLOBALIZATION
Export Focus of Manufacturing
Value of exports poer manufacturing worker. 14

"Workers employed in export oriented firms earn 10 percent more than workers in similar firms that export less."

WHY IS THIS IMPORTANT? Trade has become an integral part of the U.S. and world economies. The combined total of U.S. exports and imports has increased from less than 5.5 percent of GDP in 1950, to 11 percent in 1970, to 24 percent in 2000. Moreover, the United States is increasingly specializing in more complex, higher value-added goods and services, which is benefiting many American workers. Workers employed in export-oriented firms earn 10 percent more than workers in similar firms that export less, or don't export at all. 15 As a result, states whose companies are not global traders risk being left behind. 16

THE RANKINGS: The leading states are those that have high value-added, technologically advanced manufacturing sectors, such as Delaware and New Jersey (chemicals and pharmaceuticals), Washington (aviation), and California, Colorado, New York, and Texas (electronics and instruments). But even after holding constant the industry sectors' propensity to export, the manufacturing companies in these states export more. Alaska is the anomaly, but its high ranking is no doubt due to its high level of export of processed natural resources and its proximity to Asia. States with low rankings tend to have more lower value-added industries that compete directly with lower-wage nations, making it more difficult to export (e.g. Alabama, Arkansas, and Mississippi) or with mostly smaller firms who tend to export less than larger firms (such as Maine and Rhode Island).

 
STATES BY RANK
Rank State Score
1 Delaware $122,362
2 Alaska $115,098
3 Washington $82,911
4 New York $71,676
5 New Jersey $68,225
6 Colorado $66,182
7 Texas $65,281
8 California $65,021
9 Vermont $56,925
10 Florida $56,588
11 Michigan $53,783
12 Nevada $53,540
13 Minnesota $47,600
14 Connecticut $46,347
15 Oregon $44,549
16 Arizona $40,694
17 Idaho $39,778
18 Massachusetts $38,209
19 Illinois $37,726
20 Hawaii $34,699
21 Montana $33,385
22 Pennsylvania $33,165
23 Nebraska $33,079
24 North Dakota $31,317
25 Virginia $31,182
26 Kentucky $31,120
27 Ohio $29,524
28 Maryland $29,243
29 Georgia $26,811
30 Tennessee $26,083
31 Kansas $24,100
32 South Carolina $23,974
33 North Carolina $23,904
34 Indiana $22,406
35 New Hampshire $22,314
36 Wisconsin $21,403
37 Utah $21,286
38 Missouri $21,252
39 West Virginia $20,361
40 Louisiana $20,058
41 Oklahoma $19,927
42 Alabama $19,717
43 Maine $19,657
44 Rhode Island $18,154
45 Iowa $14,535
46 Wyoming $14,074
47 New Mexico $12,980
48 Arkansas $11,110
49 Mississippi $9,650
50 South Dakota $8,601
U.S. Average $42,913
    
ALPHABETICALLY
Rank State Score
42 Alabama $19,717
2 Alaska $115,098
16 Arizona $40,694
48 Arkansas $11,110
8 California $65,021
6 Colorado $66,182
14 Connecticut $46,347
1 Delaware $122,362
10 Florida $56,588
29 Georgia $26,811
20 Hawaii $34,699
17 Idaho $39,778
19 Illinois $37,726
34 Indiana $22,406
45 Iowa $14,535
31 Kansas $24,100
26 Kentucky $31,120
40 Louisiana $20,058
43 Maine $19,657
28 Maryland $29,243
18 Massachusetts $38,209
11 Michigan $53,783
13 Minnesota $47,600
49 Mississippi $9,650
38 Missouri $21,252
21 Montana $33,385
23 Nebraska $33,079
12 Nevada $53,540
35 New Hampshire $22,314
5 New Jersey $68,225
47 New Mexico $12,980
4 New York $71,676
33 North Carolina $23,904
24 North Dakota $31,317
27 Ohio $29,524
41 Oklahoma $19,927
15 Oregon $44,549
22 Pennsylvania $33,165
44 Rhode Island $18,154
32 South Carolina $23,974
50 South Dakota $8,601
30 Tennessee $26,083
7 Texas $65,281
37 Utah $21,286
9 Vermont $56,925
25 Virginia $31,182
3 Washington $82,911
39 West Virginia $20,361
36 Wisconsin $21,403
46 Wyoming $14,074

Source: U.S. Census, 2000 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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