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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 3: ECONOMIC DYNAMISM

"Between 1993 and 1999, the number of gazelles grew almost 40 percent, to over 350,000."

WHY IS THIS IMPORTANT? The degree to which a state's economy is composed of new, rapidly growing firms known as gazelles is indicative of the degree to which the state's economy is dynamic and adaptive, which is a key driver of the New Economy. It is not small firms per se that are the key, it is the relatively small number of fast-growing firms of all sizes that account for the lion's share of new jobs created in the 1990s. Between 1993 and 1999, the number of gazelles grew almost 40 percent, to over 350,000.

THE RANKINGS: While the high-ranking states in the 1999 Index tended to be Western and Southern states experiencing high rates of overall job growth, in the 2002 Index many high-ranking states are not particularly fast-growing, such as California, Connecticut, Maryland, Massachusetts, and Washington. These states were able to incubate new, fast-growing, often technology-based, entrepreneurial companies. More remote agricultural, natural resource, and tourism-dependent states (e.g., Alaska, Hawaii, Montana, North Dakota, Wyoming), and some older industrial states whose economies are dominated by larger, more established firms, (e.g., Delaware, West Virginia, and Wisconsin), produced relatively fewer gazelles.

STATES BY RANK Rank State Score 1 Washington 16.5% 2 Arizona 15.7% 3 California 15.6% 4 Massachusetts 15.4% 5 Texas 15.2% 6 Mississippi 14.7% 7 Virginia 14.7% 8 Connecticut 14.6% 9 New Hampshire 14.5% 10 Florida 14.4% 11 Utah 14.2% 12 Oklahoma 14.2% 13 Colorado 14.2% 14 Maryland 14.1% 15 South Dakota 14.0% 16 Minnesota 13.9% 17 Missouri 13.9% 18 Vermont 13.9% 19 Oregon 13.7% 20 Rhode Island 13.7% 21 Alabama 13.6% 22 Georgia 13.5% 23 Kansas 13.5% 24 North Carolina 13.5% 25 Pennsylvania 13.4% 26 Illinois 13.4% 27 Ohio 13.3% 28 South Carolina 13.2% 29 Nevada 13.1% 30 New York 13.1% 31 Louisiana 13.0% 32 Nebraska 12.8% 33 Kentucky 12.8% 34 Tennessee 12.6% 35 Michigan 12.6% 36 New Jersey 12.4% 37 Indiana 12.3% 38 Idaho 12.0% 39 Wisconsin 11.9% 40 Maine 11.9% 41 Arkansas 11.8% 42 Alaska 11.7% 43 Iowa 11.7% 44 New Mexico 11.4% 45 West Virginia 11.2% 46 Delaware 11.0% 47 Montana 10.8% 48 Wyoming 10.3% 49 North Dakota 10.0% 50 Hawaii 8.5% U.S. Average 13.8%

ALPHABETICALLY Rank State Score 21 Alabama 13.6% 42 Alaska 11.7% 2 Arizona 15.7% 41 Arkansas 11.8% 3 California 15.6% 13 Colorado 14.2% 8 Connecticut 14.6% 46 Delaware 11.0% 10 Florida 14.4% 22 Georgia 13.5% 50 Hawaii 8.5% 38 Idaho 12.0% 26 Illinois 13.4% 37 Indiana 12.3% 43 Iowa 11.7% 23 Kansas 13.5% 33 Kentucky 12.8% 31 Louisiana 13.0% 40 Maine 11.9% 14 Maryland 14.1% 4 Massachusetts 15.4% 35 Michigan 12.6% 16 Minnesota 13.9% 6 Mississippi 14.7% 17 Missouri 13.9% 47 Montana 10.8% 32 Nebraska 12.8% 29 Nevada 13.1% 9 New Hampshire 14.5% 36 New Jersey 12.4% 44 New Mexico 11.4% 30 New York 13.1% 24 North Carolina 13.5% 49 North Dakota 10.0% 27 Ohio 13.3% 12 Oklahoma 14.2% 19 Oregon 13.7% 25 Pennsylvania 13.4% 20 Rhode Island 13.7% 28 South Carolina 13.2% 15 South Dakota 14.0% 34 Tennessee 12.6% 5 Texas 15.2% 11 Utah 14.2% 18 Vermont 13.9% 7 Virginia 14.7% 1 Washington 16.5% 45 West Virginia 11.2% 39 Wisconsin 11.9% 48 Wyoming 10.3%

Source: Cognetics, 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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