Economic Activity Periods

The analysis of US economic activity on this website is done for different reporting periods and with comparisons over time. The objective of all reporting on Economyofstates.com is to put the data in context, to highlight the direction it is going in, and the momentum it is moving at,

To highlight trends in direction and momentum, comparisons will be made back to 1997 where relevant. Between then and now the Great Recession of 2008 also had an enormous impact on both state and industry sectors. Comparisons are also made back to that period in order to more accurately identify direction but particularly momentum.

Finally, a lot of comparative analysis has been done on the 2008 Great Recession period itself, how states and industry sectors coped with it and how they have progressed since then. State economies and industry sectors do not move in the same direction at the same pace at the same time. Our objective at economyofstates.com is to uncover those differences at state and industry sector level so that you can better understand the local economy you live in.