Tuesday, September 21, 2010

Energy States Lead Recovery


Texas, North Carolina, Idaho and a handful of other states are leading the nation's crawl out of the worst recession since the 1930s, a USA TODAY analysis finds.
Since the recession officially ended in June 2009, a group of about 10 states that have outperformed the nation almost continuously for 25 or more years again is generating new income at a faster pace than the rest of the nation.


"Our pipeline of companies looking to expand or relocate here is the biggest it's been in a decade," says Bibiana Nertney of the Idaho Department of Commerce.
Idaho ranked 10th in personal income growth in the year since the recession's end, up from 50th among states and Washington, D.C., during the recession. That's the USA's biggest rebound.

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