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Lewes, Delaware
Jim's Towing Service
January 26, 2007     Cape Gazette
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January 26, 2007
 

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Delaware earns top grades for economic development Delaware moved into the top position among the states in eco- nomic development, according to recently released comprehensive assessment of state economies. The 20th Development Report Card for the States, released by the nonprofit Corporation for Enterprise Development (CFED), named Delaware as one of only two states to receive straight "A" ratings in their overall economic development performance. The state received the follow- ing grades: "A" for performance - the performance of the economy for its citizens; "A" for business vitality - business competitive- ness and entrepreneurial energy; and "A" for development capaci- ty - the positioning of the state for future economic growth. The CFED Development Report Card for the States is the most comprehensive measure- ment of the health of a state's economy and each state's eco- nomic development efforts. The study uses 67 measures to assess how the economy is performing for citizens and businesses and how well a state is situated for its future. The complete 2007 Development Report Card for the States, including all 67 measures and analyses of each state, is available online at www.cfed.org/go/drc. Delaware's business vitality grade moved up from a "C" last year. This was partly due to the state's dominance in initial public offerings, where it is ranked first in the nation. But the state also ranks high in creation of new companies - 1 l th - and its traded sector produces more revenue per worker than most other states - sixth. The top performers in 2007 are Connecticut and Delaware, the only states to earn straight "A"s. Five other states - Colorado, Massachusetts, Minnesota, Utah and Wisconsin -joined them on the report card's honor roll by earning all "A"s and "B"s. The Development Report Card for the States was launched in 1987 to provide a more compre- hensive measurement of state economic health. The report card is based on the idea that both businesses and individuals bene- fit from dependable infrastruc- ture, good schools, a healthy environment, a good quality of life, accountable and transparent government, financial security for households and prosperity that is widely shared. Microdermabrasion Co[[agen Remodeling- skin rejuvenation & ache scar reduction Laser Hair Removal Vein Treatments ge/sun Burn6 TiJe, Wed noon-8p 118 Atlantic / Just east ofl CAPE GAZETTE - Friday, January 26 - Monday, January 29, 2007,45