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Understanding the Economy: May's State-by-State Snapshots

May 21 2010


Congressional Report Provides State-by-State Economic Snapshots

Washington, D.C. – Today the U.S. Congress Joint Economic Committee (JEC) released its monthly state-by-state report, titled Understanding the Economy: State-by-State Snapshots.  The updated reports show that in many states, the economy is starting to grow.  In April, 37 states and the District of Columbia saw private sector job creation.  Eight states have experienced private sector job creation for each of the first four months of 2010, and an additional three states saw private sector growth in the last three months. 

“The economic recovery is taking hold across the country.  With each month’s report, we are seeing the number of states experiencing private sector job growth increase.  We are making progress in our efforts to get the economy moving,” said Congresswoman Carolyn Maloney, Chair of the JEC.  "As these encouraging numbers continue surface, it is clear the economy is on the right path to recovery.”

Understanding the Economy: State-by-State Snapshots features key economic statistics for each state and the District of Columbia, including:

  • Jobs created or lost since the start of the recession;
  • Jobs saved or created by the Recovery Act;
  • Unemployment rates;
  • Per capita earnings; and, 
  • The condition of the housing sector.


The report, available online at www.jec.senate.gov, has been updated to include state data released May 21, 2010 by the Bureau of Labor Statistics (BLS) and is the fifth installment of JEC’s State-by-State Economic Snapshots series.  The first report was released in January 2010.  The JEC will continue to update Understanding the Economy: State-by-State Snapshots monthly. 

A link to each state’s report follows:

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The Joint Economic Committee, established under the Employment Act of 1946, was created by Congress to review economic conditions and to analyze the effectiveness of economic policy.
 www.jec.senate.gov



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