FACTOID # 1: Puerto Rico has roughly the same gross state product as Montana, Wyoming and North Dakota combined.
 
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The Northeast > New York > Economy

Employment 9,058,440 [3rd of 52]
Gross State Product > Current Dollars $899,660,000,000.00 [2nd of 56]
Median Earnings for Male Full-Time, Year-Round Workers $44,101.00 [13th of 51]
Median Family Income $56,556.00 [16th of 51]
Median Household Income $47,349.00 [16th of 51]
Nest Egg Index 95.53 [38th of 50]
Percent below poverty level 14.2% [18th of 51]
Percent of Children Below Poverty Level 20.7 % [15th of 51]
Percent of Households With Retirement Income 17.5 % [23rd of 51]
Percent of People 65 Years and Over Below Poverty Level 11.3 % [14th of 51]
Percent of Related Children Below Poverty Level 20.3 % [16th of 51]
Personal income $775,428,000,000.00 [2nd of 51]
Total tax burden $45,826,429,000.00 [2nd of 50]
    Total tax burden (per capita) $2,376.77 [11th of 50]
Unemployment 450,314 [3rd of 52]
Unemployment rate 4.7% [21st of 52]
Welfare Caseloads > Percent change in total families -8.6% [46th of 54]
Welfare Caseloads > Percent change in total recipients -12.6% [47th of 54]
Welfare Caseloads > Total families 149,947 [2nd of 54]
Welfare Caseloads > Total recipients 341,004 [2nd of 54]

... View all Economy stats

ALTERNATIVE NAMES: NY

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COMMENTARY     

Chris (Syracuse native)
5th July 2011
To ferris: If you think NYS's policies constitute "socialism," good riddance.
ferris (Bronx)
19th September 2008
Drywall constuction
Future Ex-Resident ADT (Orchard Park, NY)
9th May 2008
NY is the biggest anti-business, highest taxed, welfare loving, socialist state in the union. I look forward to getting out ASAP, and I was born and raised here. Every year the budget is late, every year the deficit grows, and every year the state finds new ways to raise "revenue" (taxes and fees) to pay for their socialist programs. NY's economy hit the skids 30 years ago, and the unions and other special interests have no plans to change anything as long as they get paid. The private sector is leaving in exponential numbers every year, and the largest employers are municipalities. NY continues to try to tax its way into prosperity, and it will never work. Get out while you still can.
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