State Policy Reports releases a quarterly Index of Economic Momentum which is based on three growth measures: personal income (from the Bureau of Economic Analysis), employment (Bureau of Labor Statistics), and population (U.S. Census). For the second year in a row Utah claimed the top spot for Q4. Utah’s index was 2.95 percent above the national average, nearly double the lead The Beehive State held in 2019, which was 1.5 percent above the U.S. average. This was also the second year in a row that Idaho was ranked second during Q4.
The summary of the Economic Momentum Index is available courtesy of FFIS.