Utah has best economic climate in country, New York worst: report
Fox News
Republican-led red states are overall in a much better economic situation than Democrat-led blue states, according to a new report that ranks the economic outlook of all 50 states.
The annual "Rich States, Poor States" report, authored by economists Stephen Moore, Arthur Laffer, and Jonathan Williams, calculated each state's economic outlook by taking into account 15 variables — such as its taxes, minimum wage, policies toward unions, and quality of legal system — to create a final ranking. The authors noted that each variable is directly influenced by state lawmakers through the legislative process. Aaron Kliegman is a politics reporter for Fox News Digital.
Mostly red states joined Utah atop the list of best economic outlook for 2023. Here's the top 10:
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