State Economic Snapshots
These state economic snapshots survey the economic situation on the ground in all 50 states and the District of Columbia. Although the U.S. economy overall continues its expansion from the Great Recession and associated financial crisis, the recovery can look very different from state to state, and even county to county. While some areas of the country have surged ahead, other regions are still struggling to regain their economic footing. Most Americans do not measure their financial health in terms of stock prices.
Thus, the state-by-state snapshots track an array of metrics indicating local economic performance, families’ economic security, how well states are preparing for the economic future with investments in people’s health and learning, and the costs of living that feature regularly in kitchen table discussions. Each month, the snapshots also assess President Trump’s pledge to be “The greatest jobs producer that God ever created,” comparing actual job creation, unemployment, and wage growth under President Trump against performance in the late 1990s boom and each state’s alltime best.
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.