Arkansas Ranks Among Top Ten States: Rich States, Poor States on KATV News
Pro-growth policies place Arkansas at #10 in economic outlook in the 18th edition of Rich States, Poor States.
KATV in Little Rock spoke to State Secretary of Commerce Hugh McDonald about Arkansas’ 10th place finish in the 18th edition of Rich States, Poor States.
LITTLE ROCK, Ark. (KATV) — Arkansas was recently ranked among the top ten states for overall economic outlook, according to a report from the American Legislative Exchange Council (ALEC).
ALEC’s report, the Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index, uses 15 different state policy variables such as tax income rate and minimum wage to forecast and rank each U.S. state’s economic standing.
Arkansas was ranked at #10 in the report, above larger states like New York and California.
Governor Sanders issued a statement on the report, saying:
Pro-growth policies make a difference, and Arkansas’ steady rise in national rankings proves it. Arkansas is setting the standard through our commonsense, conservative approach – cutting taxes, growing our workforce, and investing in education – creating an economy that is stronger than ever before.
Read the full story here.