Alabama ranks among the top states for economic momentum in a new analysis that evaluates key measurements of economic performance in 2021.
State Policy Reports, a Washington, D.C.-based publication, ranked Alabama No. 8 in its Index of State Economic Momentum for the first quarter. The state’s score was 1.31, compared to a national average of zero.
The index ranks states based on their most recent performance in three important measures of economic vitality: personal income growth, employment growth and population growth.
Governor Kay Ivey said Alabama’s ranking in the new report shows that the state is fully on the road to recovery after the widespread national economic disruptions triggered by the COVID-19 pandemic.