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Old 10-22-2008, 07:48 AM
 
Location: Beautiful East TN!!
7,280 posts, read 21,317,005 times
Reputation: 2786

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This is a very interesting thread. It made me think about what is working in what states when it comes to state economies compared to majority political leanings in that state...are there any connections between the two?
momonkey in this thread:http://www.city-data.com/forum/2008-...n-style-2.html has shown that blue Michigan is having major issues.
The only other state I have as a comparison is TN, where I live. It also has priorly had a high unemployment rate. Well, it really always has because it is a farming state and the unemployment rates do not include farms and it's workers in it's numbers so not really sure how accurate those numbers are for TN, KY, Iowa and such states, but I digress.

Here are some interesting facts about TN in regards to unemployment and it's current economy.
In August 08 TN was listed as having 6.6% unemployment rate: The unemployment trend by state

Yet Volkswagen has chosen Chattanooga TN as the state to move their new plant too this year: 7/15/2008 - Chattanooga Chosen For $1 Billion Volkswagen Plant - Breaking News - Chattanoogan.com

Ika has chosen Dandridge TN just recently as the place to move their new plant:
Furniture supplier for Ikea building factory in Dandridge

Kingsport TN has been written up in the WSJ as one of the few areas that are seeing economic growth due to it's ability to export product, this was written in September, after the UE rates were calculated and published above: Exports Prop Up Local Economies - WSJ.com

Same city is showing this month sales tax revenue increase: Sullivan County sales tax revenues increase 7 percent

TN is one of the states that did not see a housing bubble and the majority of TN cities and towns continue to see housing value growth, slow but still growth.

So even though the August U.E. rates show high for this state, other info sources show that there is economic growth in the state. It is a primarily red state as far as government and voting trends go.

What about your state? (this question is to everyone reading this) does your state show a connection to it's politics and it's local economy?

Please show links to validate your opinion on your local economy.

This might be very interesting to see, thanks in advance to all those who wish to participate.
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