State Economies
Rankings of Economic Resilience and Fiscal Sustainability. Indicators used to examine a state's economic position and resilience fall into three categories:(1) Size of the economy; (2) Development level and efficiency; and (3) Economic foundations. Indicators for examining a state's fiscal sustainability are categorized under: (1) Government revenue; (2) Government expenditure; (3) Burdens; and (4) Public debt.
Higher Education
Present key indicators of a chosen higher education institution benchmarking wiht the whole sectors. The size of student body, drgrees granting annually, and costs to attend the school are included. The information allows to identify the postions if the chosen institution.
Exploring
Data plays a crucial role across various fields such as data science, macroeconomics, microeconomics, and public policy. In data science, data is the foundation for building models, making predictions, and uncovering insights. It involves collecting, cleaning, and analyzing large datasets to identify patterns and trends that can drive decision-making and innovation.
Exploring all states
State rankings are evaluated across several dimensions: the size of the economy, development level and efficiency, and economic foundations. These dimensions provide a comprehensive view of each state's economic position. Additionally, fiscal sustainability is assessed through indicators such as government revenue, government expenditure, burdens, and public debt. These categories help determine a state's ability to maintain healthy public finances and manage economic challenges. By analyzing these factors, policymakers and stakeholders can gain valuable insights into the strengths and weaknesses of each state, guiding efforts to enhance economic resilience and fiscal stability.
In depth analysis for states
An in-depth analysis of states to examine their economic resilience and fiscal sustainability involves evaluating various indicators and metrics. Economic resilience refers to a state's ability to anticipate, withstand, and recover from economic shocks. Key indicators include the size and diversity of the economy, employment rates, and the presence of robust industries. Fiscal sustainability, on the other hand, assesses a state's capacity to maintain healthy public finances over the long term. This involves analyzing government revenue streams, expenditure patterns, debt levels, and fiscal policies.
Framework
Framework of our approaches in ranking economic resilience and fiscal sustainability. The economic resilience is based on definition of U.S. Economic Development Administration. The fiscal sustainability is based on frameworks of International Monetary Fund. Economic resilience is defined as a region's ability to anticipate, withstand, and recover from various shocks, disruptions, or stresses it may encounter. Fiscal sustainability refers to the capacity to maintain public finances in a credible and serviceable position over the long term
