The Bureau of Economic Analysis has released the latest data on personal income by state. For the first time in many years, Pennsylvania grew faster than the nation as a whole – 4.0% to 3.9% – and ranked 28th among the 50 states.
That bit of good news (tempered by the fact that is a relatively slow rate of growth, and that PA historically is behind the nation both in entering and exiting a recession) aside, Pennsylvania still lags behind the rest of the nation in job, income, and population growth under Governor Rendell; ranking 33rd, 40th, and 43rd among the 50 states, respectively. Had Pennsylvania grown at the same rate as the U.S. since 2002, the state would have 72,000 more jobs; 550,000 more residents, and $19.5 billion in additional personal income.
As a point of reference, I included Texas, as Gov. Rendell’s minister of propaganda has claimed Pennsylvania has done better than any other “large state” – which is clearly false.