Economy: The National Association of Manufacturers announces new edition of Competitiveness Redbook
Publication ranks states by 50 economic indicators, offers guidance to companies looking to shape public policy.
Staff -- Modern Materials Handling, 4/23/2009
The National Association of Manufacturers (NAM) has announced availability of the 2009 Competitiveness Redbook –National Edition (2009 Redbook), that ranks the 50 states according to 50 key economic indicators.
Sponsored by BKD, LLP, one of the nation’s largest CPA and advisory companies, the 2009 Redbook is updated each year to reflect changing legislative and policy actions by the states, and also shifting economic trends. “The statistics in this book are extremely helpful for economic development professionals and those instrumental in forming public policy,” says NAM president John Engler. “The NAM encourages companies looking to expand operations, as well as the media and general public, to refer to this guide for up-to-date information on key business indicators in every state.”
Each page of the 2009 Redbook features a concise snapshot of the 50 states according to 50 separate criteria – such as tax rates, exports, wages, average investment, energy usage, education levels and union membership. It does not attempt to rank states overall in terms of their attractiveness to business investment, but rather presents an objective assessment of each state’s ranking in each specific category. The relative merit of each state in terms of investment potential would vary according to the priorities of the companies considering expansion.
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