JEC Releases State-by-State Economic Snapshots and Mid-Year Report

Washington, D.C. –The U.S. Congress Joint Economic Committee [JEC] released its monthly state-by-state report today, which shows that in the month of June, a majority of states (32 and the District of Columbia) experienced private sector job growth.  This edition of the state–by-state report also includes a Mid-Year Report that finds while the recovery has not been identical in each state, nearly every state (forty-five and the District of Columbia) added private sector jobs in at least 3 months in the first half of 2010.

“I am encouraged by the growth of private sector jobs in the first half of 2010.  In the last 6 months of the Bush Administration, we lost 3.6 million private sector jobs.  In the first 6 months of 2010, we have gained almost 600,000 private sector jobs,” said Congresswoman Carolyn Maloney, Chair of the JEC. “While this is clearly progress, as this report shows, the recovery is uneven.  Strong private sector growth within each state is the key ingredient to getting Americans back to work.”

The report, entitled “Understanding the Economy: State-by-State Snapshots,” features key economic statistics for each state.  The report is the seventh edition released by the JEC and uses recently released state-level data to explain how the economic recovery is unfolding in each state.  The Mid-Year Report provides an overview of how each state’s economy has performed during the first 6 months of 2010 (click here to view the Mid-Year Report).

Highlights from the Mid-Year Report include:

• Half of the states added manufacturing jobs in June 2010, and 37 states saw increases in manufacturing employment in at least 3 months in the first half of 2010.

• 28 states and the District of Columbia added jobs in the professional and business services sector during June 2010. 37 states and the District of Columbia added jobs in this sector in at least 3 months in the first half of 2010.

To read the executive summary of the report, click here.

To see individual state reports, click here.

To see the entire State-by-State Snapshots report, click here.

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The Joint Economic Committee, established under the Employment Act of 1946, was created by Congress to review economic conditions and to analyze the effectiveness of economic policy.
www.jec.senate.gov

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