Alaska, the Dakotas top states in Best Fiscal shape while New Jersey, Connecticut at bottom
A new study on the fiscal condition of the 50 states ranks New Jersey dead last, citing revenue shortfalls, budget practices and high levels of debt .
photo 401(K) 2012 via Flickr
The healthiest states, on the other hand, are those benefiting from the domestic energy boom, including Alaska and the Dakotas.
The Mercatus Center at George Mason University released the study earlier this week. For a download of the full report click here.
It’s important to note that Charles Koch sits on the Mercatus Center’s board and they are backed by the Koch family.
New Jersey ranked last in both budget solvency and long-run solvency, and in the bottom 15 in the other categories.
Alaska was first or second in three of four metrics, though it came dead last in service-level solvency. Nebraska and Wyoming round out the top five, followed by Florida, Ohio, Tennessee, Montana and Alabama.
New Jersey was dead last, nudging out Connecticut with Illinois being at slot #48.
Check out the map and the chart below which communicate the fiscal status rankings.
CNBC breaks down states based their categories in this chart HERE
