Which States Are Winning the Recovery?

The same ones that won the recession, mostly.
More

The Great Recession was not an equal-opportunity disaster. Some states (Nevada, Florida, California, Michigan) got absolutely mauled in the downturn. Others (Texas, New York), came out bruised, but not really bloodied. 

As researchers from the New York Federal Reserve point out today, however, the recovery period has been a different story. Other than oil-drenched North Dakota, and to a lesser extent Texas and Utah, most states have had a fairly similar rate of employment growth since the economy bottomed out in 2009. And so the states that were in the deepest jobs hole when the recession ended are more or less still in the deepest jobs hole today. Those include Sun Belt states like California, Florida, and Arizona, as well as parts of the industrial midwest, like Michigan and Ohio. 

The biggest winners: New York, West Virginia, Texas, Alaska, the Dakotas, and Utah. Or, to oversimplify a bit, Wall Street and resources. 


US_Map_Recovery_NYFED.jpg


As the NY Fed, notes, it's a bit of a mystery why the jobs recovery is so universally mediocre unlike, say, in 1990, when there was enormous variation across state lines. But it does seem to bring into question the idea that state-level policies are really making an enormous difference when it comes to growth, no? 

Job_Growth_Post_Recession.jpg

Jump to comments
Presented by

Jordan Weissmann is a senior associate editor at The Atlantic.

Get Today's Top Stories in Your Inbox (preview)

What Is a City?

Cities are like nothing else on Earth.


Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

What Is a City?

Cities are like nothing else on Earth.

Video

CrossFit Versus Yoga: Choose a Side

How a workout becomes a social identity

Video

Is Technology Making Us Better Storytellers?

The minds behind House of Cards and The Moth weigh in.

Video

A Short Film That Skewers Hollywood

A studio executive concocts an animated blockbuster. Who cares about the story?

Video

In Online Dating, Everyone's a Little Bit Racist

The co-founder of OKCupid shares findings from his analysis of millions of users' data.

Video

What Is a Sandwich?

We're overthinking sandwiches, so you don't have to.

Video

Let's Talk About Not Smoking

Why does smoking maintain its allure? James Hamblin seeks the wisdom of a cool person.

Writers

Up
Down

More in Business

Just In