mplane72
PMA Member
It's against my better judgement but I'm not letting this go unchallenged. It's at best incomplete info. If you copied and pasted from some thumb nail it's misinformation.
First the three ranking you cite are about three different subjects from three different sources.
Economic outlook by The American Legislative Exchange Council. A staunchly conservative organization.
Affordability by US News and World Report. Mostly viewed as Center leaning left.
The little blob is the Dems promoting an updated report from the Iowa Legislature that analyzes data from the nonpartisan Federal Reserve Bank of Philadelphia that finds that Iowa is dead last in the country for economic growth.
The report combines four state-level indicators to determine rank; nonfarm payroll employment, average hours worked in manufacturing, the unemployment rate and wage and salary disbursements deflated by the Consumer Price Index.
https://www.legis.iowa.gov/docs/publications/IET/615760.pdf Funny the link to that report no longer works.....
Here is the copy and paste of what I just got from Google AI asking "Iowa economic growth ranking"
AI Overview
Iowa ranks among the lowest in the U.S. for long-term economic and GDP growth, though it shows middle-of-the-pack performance in general economic outlook and affordability.
Here are the specific, localized metrics and rankings:
Economic Growth & Activity Rankings
- GDP Growth: Trailing 5-year data from IBISWorld ranks Iowa's overall economic output growth 50th in the nation. Similarly, reports from the Federal Reserve Bank of Philadelphia previously placed the state at or near the bottom for economic activity.
- State Economy: A multi-indicator review by WalletHub evaluating economic health, activity, and innovation potential places Iowa among the weakest performing state economies in the country.
- Business Growth: Net business creation per capita has shown growth over the last decade, but the state still ranks 46th nationally in that specific metric.
Economic Outlook & Quality of Life
- Future Outlook: The forward-looking Economic Outlook index by Rich States, Poor States places Iowa 25th in the country.
- Affordability: Evaluating factors like cost of living and household income, U.S. News & World Report ranks Iowa 7th for affordability.
- Employment: The annualized job growth rate over a five-year period sits at 1.5% (ranking 32nd overall), with the state holding a 3.8% unemployment rate. [1, 2, 3]
