Outlook
State-level economic + safety + outcomes health: jobs growth, unemployment, an Economic Activity Index that bundles jobs, hours, wages and sales into a single number (Philadelphia Fed), how fast homes are turning over, where people are moving, how the state's homicide rate compares to the U.S. and how 4th graders are reading on the NAEP scale. Nine bars per state show (left to right) the 12-month change in economic activity, jobs YoY, unemployment vs. the U.S. average, how much longer homes are sitting on the market, net domestic migration as a share of population, year-to-date change in gas prices, the consumer-price inflation rate for the state's census region, the homicide rate vs. the U.S. average and the NAEP Grade 4 reading score vs. the U.S. average. Green is the good direction for each metric and red is the bad direction. Hover for exact numbers, and click to open the state's dashboard.
Updated June 8, 2026Source: Philadelphia Fed, BLS and Census via FRED
Across our coverage
Where is economic activity growing fastest?
- 1.Nevada+3.6%
- 2.Ohio+3.4%
- 3.Idaho+3.2%
- 4.California+3.1%
- 5.North Dakota+2.9%
- 6.Colorado+2.9%
- 7.North Carolina+2.8%
- 8.Georgia+2.7%
- 9.Kentucky+2.7%
- 10.New Hampshire+2.6%
Economic Activity Index, 12-month change · Largest gain in the Philadelphia Fed state Economic Activity Index (jobs, hours, wages, sales) over the past 12 months.
iLargest gain in the Philadelphia Fed state Economic Activity Index (jobs, hours, wages, sales) over the past 12 months. Sourced from FRED (Phila Fed, BLS) and the U.S. Census Population Estimates Program. Latest available period.Where is economic activity slowing the most?
- 1.West Virginia-2.9%
- 2.Delaware-1.0%
- 3.Montana-1.0%
- 4.Connecticut-0.7%
- 5.Oklahoma+0.1%
- 6.Maryland+0.4%
- 7.Minnesota+0.5%
- 8.New York+0.7%
- 9.Alaska+0.7%
- 10.Wyoming+0.7%
Economic Activity Index, 12-month change · Smallest gain or largest decline in the Philadelphia Fed Economic Activity Index over the past 12 months.
iSmallest gain or largest decline in the Philadelphia Fed Economic Activity Index over the past 12 months. Sourced from FRED (Phila Fed, BLS) and the U.S. Census Population Estimates Program. Latest available period.Where are jobs growing fastest?
- 1.Nevada+1.9%
- 2.North Carolina+0.9%
- 3.South Carolina+0.9%
- 4.Utah+0.7%
- 5.Alabama+0.6%
- 6.Texas+0.6%
- 7.California+0.6%
- 8.Idaho+0.5%
- 9.Louisiana+0.5%
- 10.New Mexico+0.5%
Nonfarm payroll employment, YoY · Largest year-over-year rise in total nonfarm payroll employment.
iLargest year-over-year rise in total nonfarm payroll employment. Sourced from FRED (Phila Fed, BLS) and the U.S. Census Population Estimates Program. Latest available period.Where are jobs shrinking the most?
- 1.District of Columbia-5.1%
- 2.Oregon-1.2%
- 3.Maryland-1.2%
- 4.Iowa-0.9%
- 5.Virginia-0.9%
- 6.Rhode Island-0.5%
- 7.Wisconsin-0.4%
- 8.Vermont-0.4%
- 9.Indiana-0.4%
- 10.New Hampshire-0.4%
Nonfarm payroll employment, YoY · Smallest year-over-year rise (or largest decline) in nonfarm payroll employment.
iSmallest year-over-year rise (or largest decline) in nonfarm payroll employment. Sourced from FRED (Phila Fed, BLS) and the U.S. Census Population Estimates Program. Latest available period.Where is unemployment highest?
- 1.District of Columbia6.2%
- 2.California5.3%
- 3.Nevada5.3%
- 4.Delaware5.3%
- 5.Oregon5.2%
- 6.Washington5.2%
- 7.Illinois5.1%
- 8.Connecticut5.0%
- 9.Michigan5.0%
- 10.New Mexico4.9%
Unemployment rate, latest month · Highest current unemployment rate among the 44 covered states.
iHighest current unemployment rate among the 44 covered states. Sourced from FRED (Phila Fed, BLS) and the U.S. Census Population Estimates Program. Latest available period.Where is unemployment lowest?
- 1.South Dakota2.2%
- 2.North Dakota2.4%
- 3.Hawaii2.5%
- 4.Vermont2.6%
- 5.Alabama2.8%
- 6.Nebraska3.0%
- 7.Maine3.1%
- 8.New Hampshire3.1%
- 9.Indiana3.2%
- 10.Iowa3.3%
Unemployment rate, latest month · Lowest current unemployment rate among the 44 covered states.
iLowest current unemployment rate among the 44 covered states. Sourced from FRED (Phila Fed, BLS) and the U.S. Census Population Estimates Program. Latest available period.Where are people moving to?
- 1.South Carolina+1.2%
- 2.Idaho+1.0%
- 3.North Carolina+0.8%
- 4.Delaware+0.6%
- 5.Tennessee+0.6%
- 6.Montana+0.6%
- 7.Maine+0.5%
- 8.Arkansas+0.5%
- 9.New Hampshire+0.5%
- 10.Nevada+0.5%
Net domestic migration as % of state population · Largest inflow relative to state size (Census PEP, July 2024 to July 2025). A rate so small states aren't drowned out by big ones.
iLargest inflow relative to state size (Census PEP, July 2024 to July 2025). A rate so small states aren't drowned out by big ones. Sourced from FRED (Phila Fed, BLS) and the U.S. Census Population Estimates Program. Latest available period.Where are people moving from?
- 1.New York-0.7%
- 2.Hawaii-0.6%
- 3.Alaska-0.6%
- 4.District of Columbia-0.6%
- 5.California-0.6%
- 6.Massachusetts-0.5%
- 7.New Jersey-0.4%
- 8.Illinois-0.3%
- 9.Louisiana-0.3%
- 10.Colorado-0.2%
Net domestic migration as % of state population · Largest outflow relative to state size. Negative values show net loss; ranked by rate, not raw headcount.
iLargest outflow relative to state size. Negative values show net loss; ranked by rate, not raw headcount. Sourced from FRED (Phila Fed, BLS) and the U.S. Census Population Estimates Program. Latest available period.Coverage · strongest economic activity first
- Nevada+3.6% activityView →
- Ohio+3.4% activityView →
- Idaho+3.2% activityView →
- California+3.1% activityView →
- Colorado+2.9% activityView →
- North Carolina+2.8% activityView →
- Georgia+2.7% activityView →
- Kentucky+2.7% activityView →
- New Hampshire+2.6% activityView →
- Missouri+2.6% activityView →
- Arizona+2.6% activityView →
- Iowa+2.5% activityView →
- Texas+2.4% activityView →
- Utah+2.2% activityView →
- Indiana+2.2% activityView →
- Tennessee+2.2% activityView →
- Massachusetts+2.1% activityView →
- Michigan+2.1% activityView →
- Nebraska+2.0% activityView →
- New Jersey+2.0% activityView →
- Alabama+1.9% activityView →
- Maine+1.9% activityView →
- Oregon+1.8% activityView →
- Hawaii+1.8% activityView →
- Florida+1.7% activityView →
- Mississippi+1.6% activityView →
- Rhode Island+1.5% activityView →
- Arkansas+1.5% activityView →
- Pennsylvania+1.5% activityView →
- South Carolina+1.5% activityView →
- New Mexico+1.4% activityView →
- Kansas+1.4% activityView →
- Virginia+1.3% activityView →
- Wisconsin+1.1% activityView →
- Louisiana+1.1% activityView →
- Washington+0.8% activityView →
- Illinois+0.7% activityView →
- New York+0.7% activityView →
- Minnesota+0.5% activityView →
- Maryland+0.4% activityView →
- Oklahoma+0.1% activityView →
- Connecticut-0.7% activityView →
- Montana-1.0% activityView →
- West Virginia-2.9% activityView →
Methodology
The Outlook is a composite of nine indicators per state: the Philadelphia Fed coincident activity index (12-month change), jobs year over year (BLS payrolls), unemployment vs. the U.S. (BLS), how long homes sit on the market (Redfin, YoY), net domestic migration as a share of population (Census vintage estimates), gas prices year to date (our Gas Prices section), consumer-price inflation (regional CPI), the homicide rate vs. the U.S. (our Crime section) and Grade 4 reading vs. the U.S. (our Education section).
Each bar is scaled against the most extreme state for that metric, so bars are comparable across states within a metric. The state tint blends the bars into one read. The Focus toggle weights current-level indicators, trend indicators or both. The grading toggle switches between Curve, which ranks states against each other, and Absolute, which colors each metric by its own good or bad direction.
Sources
- Philadelphia Fed State Coincident Indexes · the economic-activity backbone (via FRED).
- BLS state employment and unemployment · payrolls and unemployment rates (via FRED).
- Census population estimates · net domestic and international migration.
- Gas Prices, Crime and Education · those bars reuse the data documented on each section's own page.