In recent months, West Virginia has bucked the national economic calamity, and has actually led the nation in economic growth since May, a report issued Tuesday by the Rockefeller Institute of Government indicates.How about that? One of the benefits of socio-economic isolation is that you're somewhat sheltered from downturns. Of course, you're also sheltered from booms, too.
The report 'The Damage is Just Beginning' examines how the economic downturn is likely to affect state government budgets, and cites figures showing that West Virginia was one of only 12 states to have an increase in economic activity from May through August.
West Virginia's economy grew by 2.2 percent during that period, followed by Louisiana, with 0.7 percent growth, and Texas, at 0.6.
Wednesday, October 08, 2008
Posted by JD Byrne at 7:55 PM