24/7 Wall Street names Nebraska one of best run states
LINCOLN, Neb. – Online financial news site 24/7 Wall Street named Nebraska as one of the best run states in the nation. Factors for the rankings included debt per capita, unemployment rates, poverty rates, exports and gross domestic product.
“Nebraska’s continued ranking as one of the best run states in the nation is a reflection of our common sense and our fiscal responsibility,” said Gov. Dave Heineman. “In Nebraska, we don’t spend money we don’t have. Nebraska has a balanced budget and we have a strong economy and education system. I’m proud to say Nebraska survived a national economic slowdown in strong financial shape, and these continued top national rankings prove that point.”
Nebraska was highlighted for its debt per capital, which was the 2nd lowest, 3rd highest agricultural output and its 3rd lowest unemployment rate in the United States. The state consistently has ranked in the top five on the list since 2010.
“Nebraska has long had low unemployment rates, even during the Great Recession. Last year, just 3.9 percent of the state’s workforce was unemployed, the third lowest rate in the nation. Further, the state’s economy grew by 3 percent last year, tied for the 10th highest rate in the country,” the site stated as factors in its ranking.
Source: Governor Dave Heineman’s office