Lagging investment leads to low Connecticut ranking in gross investment: Gross investment as share of gross state product, by state, 2014
State | Capital outlays as share of state GSP |
---|---|
Alabama | 1.9% |
Alaska | 4.9% |
Arizona | 1.8% |
Arkansas | 2.0% |
California | 1.8% |
Colorado | 2.0% |
Connecticut | 1.4% |
Delaware | 1.5% |
Washington D.C. | 2.0% |
Florida | 1.7% |
Georgia | 1.7% |
Hawaii | 2.3% |
Idaho | 1.5% |
Illinois | 1.7% |
Indiana | 1.7% |
Iowa | 2.6% |
Kansas | 2.0% |
Kentucky | 2.0% |
Louisiana | 2.1% |
Maine | 1.5% |
Maryland | 1.3% |
Massachusetts | 1.4% |
Michigan | 1.3% |
Minnesota | 1.8% |
Mississippi | 2.5% |
Missouri | 1.5% |
Montana | 2.5% |
Nebraska | 2.3% |
Nevada | 1.4% |
New Hampshire | 1.0% |
New Jersey | 1.4% |
New Mexico | 2.3% |
New York | 2.3% |
North Carolina | 1.5% |
North Dakota | 3.5% |
Ohio | 1.6% |
Oklahoma | 2.1% |
Oregon | 1.8% |
Pennsylvania | 1.5% |
Rhode Island | 1.3% |
South Carolina | 1.9% |
South Dakota | 2.5% |
Tennessee | 1.6% |
Texas | 1.8% |
Utah | 1.7% |
Vermont | 1.5% |
Virginia | 1.6% |
Washington | 2.2% |
West Virginia | 2.2% |
Wisconsin | 1.7% |
Wyoming | 3.2% |
Source: Author’s analysis of Bureau of Economic Analysis (BEA various years) and U.S. Census Bureau State and Local Finance public data