The 2007 State New Economy Index: Benchmarking Economic Transformation in the States

By Robert D. Atkinson and Daniel K. Correa
February 27, 2007

In a report sponsored by the Ewing Marion Kauffman Foundation, ITIF employs 26 indicators to assess the extent to which the 50 state economies are structured according to the tenets of the New Economy. The changing economic landscape requires state economies to be innovative, globally-linked, entrepreneurial and dynamic, with an educated workforce and all sectors embracing the use of information technology. The report, which updates and expands on the 2002 State New Economy Index, ranks the states accordingly. The five states ranking the highest in 2007 are, in order of rank, Massachusetts, New Jersey, Maryland, Washington, and California. With these measures as a frame of reference, the report then outlines the next generation of innovative state-level public policies needed to meet the challenges of the New Economy and boost incomes of all Americans.

Read the full text of this report:

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Click on a State for Individual Results
Alabama	Louisiana	Ohio
Alaska	Maine	Oklahoma
Arizona	Maryland	Oregon
Arkansas	Massachusetts	Pennsylvania
California	Michigan	Rhode Island
Colorado	Minnesota	S. Carolina
Connecticut	Mississippi	S. Dakota
Delaware	Missouri	Tennessee
Florida	Montana	Texas
Georgia	Nebraska	Utah
Hawaii	Nevada	Vermont
Idaho	New Hampshire	Virginia
Illinois	New Jersey	Washington
Indiana	New Mexico	W. Virginia
Iowa	New York	Wisconsin
Kansas	North Carolina	Wyoming
Kentucky	North Dakota

Related Links

"Selected Press Coverage"
Links to media coverage of the 2007 State New Economy Index.

"Winning in the New Global Economy: Kentucky"
Robert Atkinson’s 2007 State New Economy Index presentation on Kentucky.

"2007 State New Economy Index Press Release"
February 27, 2007

"Measuring Up"
June 25, 2008
ITIF President Rob Atkinson’s article in the Economic Development Journal.

Hard copies of the 2007 State New Economy Index are available at a cost of 10 dollars for the first copy, and 5 dollars for each additional copy. To obtain a copy, please send an email to mail@innovationpolicy.org or call (202) 449-1351.