Salient to Investors:
The Bloomberg Economic Evaluation of States index shows that 31 states gained during Q1 down from 35 during Q4 2011. The results were mixed for key presidential battleground states. The states involved in manufacturing and energy were among the top gainers.
Joseph Brusuelas at Bloomberg said you can clearly see the economy decelerating at the state level, with increasing bifurcation between areas involved in the extraction of minerals, energy and agricultural development with those highly dependent on construction and the service sector.