New economy report card.

• Position: TRENDS AND TRANSITIONS - Brief article

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A new report ranks which states are leading the transformation into a "global, entrepreneurial and knowledge- and innovation-based new economy." Using 29 measures, "The 2008 State New Economy Index," by the Ewing Marion Kauffman Foundation and the Information Technology and Innovation Foundation, ranks states' ability to thrive in an information-driven economy. Rather than measuring state economic performance or state economic policies, the index focuses on a single question: To what degree does the structure of a state's economy match the ideal structure of the new economy? States at the top of the ranking tend to have a high concentration of managers, professionals and college-educated residents working in "knowledge jobs," encourage entrepreneurship, and foster and support technological innovation.

Source: The Kauffman Foundation and The Information Technology & Innovation Foundation's "The 2008 State New Economy Index," November 2008.

HOW THEY RANK

Massachusetts

Washington

Maryland

Delaware

New Jersey

Connecticut

Virginia

California

New York

Colorado

Rhode Island

Utah

New Hampshire

Minnesota

Oregon

Illinois

Michigan

Texas

Vermont

Arizona

Georgia

Pennsylvania

Florida

North Carolina

Nevada

Idaho

Nebraska

Maine

New Mexico

Ohio

Kansas

Alaska

Wisconsin

South Carolina

Hawaii

Indiana

Missouri

Tennessee

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