By Mike Sunnucks | Rose Law Group Reporter
Arizona has the 10th best economic outlook among U.S. states.
That is according to new report by the conservative American Legislative Economic Council (ALEC) and supply side economists Art Laffer and Stephen Moore.
ALEC and the economists like states with low taxes and low regulations. The conservative group has strong ties to Arizona Republicans including Gov. Doug Ducey.
The new report ranks U.S. states based on their tax burdens, right-to-work status, minimum wage laws and size of government.
Arizona ranks 10th. Utah tops the ALEC list followed by Wyoming, Idaho, Indiana, North Carolina, and Nevada.
New York ranked 50th on the list along with higher tax, Democratic states such as Vermont (49th), New Jersey (48th), Illinois (47th) and California (46th).
The ALEC-Laffer study also ranks Arizona 13th for economic performance. That ranking is based on state GDP, migration trends, and job growth.
Texas ranks first, followed by Washington state, Utah and Colorado. Connecticut, Mississippi, Alaska and New Mexico are at the bottom the economic performance rankings.
Among larger states, Florida ranks 6th, California 17th and New York 21st.
New York, Chicago, Seattle, and Portland are among the cities that have also seen social unrest this summer along with navigating COVID-19. That could lead some businesses and workers to relocate to less expensive markets in the South and West.
The full report can be seen here.
