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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

BROWSE BY STATE: Choose State ---------- Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

PART 2: GLOBALIZATION

"Incoming FDI continues to grow, from $137 billion in 1979, to $305 billion in 1989, to $451 billion in 1999."

WHY IS THIS IMPORTANT? Foreign direct investment (FDI) includes significant investments by foreign companies, such as construction of production facilities or ownership stakes taken in U.S. companies. Incoming FDI continues to grow, from $137 billion in 1979, to $305 billion in 1989, to $451 billion in 1999 (in constant 1999 dollars) and from 2.3 percent of GDP, to 4.9 percent. 17

THE RANKINGS: With the exception of Hawaii, which has the top score because of its proximity to Asia, most states that score well are on the East Coast. This is in large part because most FDI comes from Europe and Canada. In 1999, Europe accounted for 65 percent of all FDI in the United States, with Asia accounting for less than 20 percent. European companies have invested in East Coast states in part because of their proximity to their corporate headquarters and because of the access to densely populated markets.

STATES BY RANK Rank State Score 1 Hawaii 8.3% 2 South Carolina 7.4% 3 Delaware 6.9% 4 North Carolina 6.7% 5 New Jersey 6.3% 6 Connecticut 6.2% 7 Massachusetts 6.0% 8 New Hampshire 6.0% 9 Tennessee 5.7% 10 Maine 5.6% 11 Indiana 5.6% 12 Georgia 5.6% 13 Kentucky 5.4% 14 Michigan 5.4% 15 Virginia 5.0% 16 New York 4.9% 17 Illinois 4.8% 18 Pennsylvania 4.7% 19 Ohio 4.7% 20 Rhode Island 4.7% 21 California 4.6% 22 Texas 4.5% 23 Colorado 4.3% 24 Florida 4.2% 25 Kansas 4.2% 26 Maryland 4.1% 27 Vermont 4.1% 28 Alabama 4.1% 29 West Virginia 3.8% 30 Alaska 3.8% 31 Oregon 3.7% 32 Missouri 3.7% 33 Washington 3.7% 34 Wisconsin 3.6% 35 Montana 3.6% 36 Minnesota 3.5% 37 Idaho 3.4% 38 Utah 3.3% 39 Louisiana 3.3% 40 Nevada 3.3% 41 Arkansas 3.3% 42 Arizona 3.3% 43 Oklahoma 3.0% 44 Wyoming 2.9% 45 Nebraska 2.8% 46 Iowa 2.7% 47 North Dakota 2.4% 48 New Mexico 2.2% 49 Mississippi 2.2% 50 South Dakota 1.7% U.S. Average 4.7%

ALPHABETICALLY Rank State Score 28 Alabama 4.1% 30 Alaska 3.8% 42 Arizona 3.3% 41 Arkansas 3.3% 21 California 4.6% 23 Colorado 4.3% 6 Connecticut 6.2% 3 Delaware 6.9% 24 Florida 4.2% 12 Georgia 5.6% 1 Hawaii 8.3% 37 Idaho 3.4% 17 Illinois 4.8% 11 Indiana 5.6% 46 Iowa 2.7% 25 Kansas 4.2% 13 Kentucky 5.4% 39 Louisiana 3.3% 10 Maine 5.6% 26 Maryland 4.1% 7 Massachusetts 6.0% 14 Michigan 5.4% 36 Minnesota 3.5% 49 Mississippi 2.2% 32 Missouri 3.7% 35 Montana 3.6% 45 Nebraska 2.8% 40 Nevada 3.3% 8 New Hampshire 6.0% 5 New Jersey 6.3% 48 New Mexico 2.2% 16 New York 4.9% 4 North Carolina 6.7% 47 North Dakota 2.4% 19 Ohio 4.7% 43 Oklahoma 3.0% 31 Oregon 3.7% 18 Pennsylvania 4.7% 20 Rhode Island 4.7% 2 South Carolina 7.4% 50 South Dakota 1.7% 9 Tennessee 5.7% 22 Texas 4.5% 38 Utah 3.3% 27 Vermont 4.1% 15 Virginia 5.0% 33 Washington 3.7% 29 West Virginia 3.8% 34 Wisconsin 3.6% 44 Wyoming 2.9%

Source: Bureau of Economic Analysis, 1999 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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