State

Intercept (t-statistic)

Per Capita Personal Income (t-statistic)

Per Capita Personal Income Squared (t-statistic)

Unemployment Rate (t-statistic)

Adjusted R2

Durbin-Watson

Alabama

0.177422 (30.58)*

0.000693 (1.25)

−0.000003 (−0.24)

−0.00335 (−5.69)*

0.5589

0.6627

Alaska

0.035933 (0.93)

0.006568 (5.36)*

−0.000107 (−5.24)*

0.002376 (0.74)

0.4145

1.3673

Arizona

0.105727 (15.84)*

0.005981 (9.82)*

−0.000128 (−8.68)*

−0.002184 (−2.85)*

0.7211

0.5599

Arkansas

0.169081 (20.87)*

0.000874 (1.37)

−0.000012 (−0.77)

−0.001406 (−1.37)

0.1256

1.0907

California

0.091784 (7.92)*

0.006758 (8.91)*

−0.000049 (−3.37)*

−0.003857 (−3.18)*

0.9308

0.5547

Colorado

0.173971 (54.39)*

0.001141 (4.54)*

0.000010 (2.08)^

−0.001408 (−3.02)*

0.9508

1.4929

Connecticut

0.129428 (8.81)*

0.003845 (5.60)*

−0.000023 (−2.15)^

−0.005143 (−3.19)*

0.8836

0.5500

Delaware

0.119873 (12.19)*

0.002558 (3.83)*

−0.000050 (−3.61)*

0.000082 (0.07)

0.2379

0.7359

Florida

0.146590 (24.12)*

0.005101 (9.26)*

−0.000079 (−6.60)*

−0.002941 (−4.11)*

0.8122

0.7275

Georgia

0.237884 (27.80)*

0.001589 (2.11)^

0.000021 (1.18)

−0.006503 (−5.99)*

0.8280

0.8424

Hawaii

0.052149 (3.59)*

0.003005 (3.26)*

−0.000036 (−1.95)+

0.001514 (0.84)

0.4633

1.1239

Idaho

0.140431 (15.56)*

0.009620 (12.47)*

−0.000175 (−8.74)*

−0.007951 (−6.81)*

0.9137

1.0014

Illinois

0.107333 (15.79)*

0.007402 (13.80)*

−0.000118 (−11.10)*

−0.004847 (−6.43)*

0.8723

0.8557

Indiana

0.090604 (28.34)*

0.004208 (14.24)*

−0.000059 (−8.32)*

−0.001743 (−5.71)*

0.9533

1.2914

Iowa

0.085548 (13.26)*

0.002448 (4.75)*

−0.000040 (−3.65)*

0.000072 (0.07)

0.4482

1.9602

Kansas

0.161759 (19.39)*

0.008342 (15.04)*

−0.000140 (−11.83)*

−0.008267 (−4.95)*

0.8805

1.1456

Kentucky

0.219737 (23.99)*

0.003726 (4.25)*

−0.000109 (−4.80)*

−0.003852 (−3.65)*

0.4767

0.4881

Louisiana

0.185270 (15.70)*

−0.001491 (−1.54)

0.000026 (1.19)

−0.000460 (−0.34)

0.0219

0.7805

Maine

0.108041 (9.68)*

0.003501 (5.22)*

−0.000055 (−3.60)*

−0.003271 (−2.67)^

0.7302

0.8379

Maryland

0.192568 (33.14)*

0.002811 (9.20)*

−0.000034 (−6.39)*

−0.002861 (−3.46)*

0.8307

0.9233

Massachusetts

0.088486 (12.01)*

0.003458 (9.61)*

−0.000033 (−5.52)*

−0.001398 (−1.70)+

0.9089

0.3866

Michigan

0.149406 (22.25)*

0.007135 (12.47)*

−0.000122 (−9.03)*

−0.004112 (−8.66)*

0.9224

0.6201

Minnesota

0.184067 (21.24)*

0.003176 (6.06)*

−0.000057 (−5.54)*

−0.001842 (−1.46)

0.4955

0.9940

Mississippi

0.192912 (31.75)*

−0.001708 (−2.55)^

0.000047 (2.53)^

−0.002062 (−3.09)*

0.2765

1.1501

Missouri

0.228659 (27.36)*

0.003959 (6.10)*

−0.000081 (−5.44)*

−0.005116 (−4.82)*

0.5893

1.1995

Montana

0.160189 (11.04)*

−0.002330 (−2.90)*

0.000046 (2.47)^

−0.002373 (−1.27)

0.1409

1.2194

Nebraska

0.101962 (7.33)*

0.0040186 (4.58)*

−0.000073 (−4.02)*

−0.001609 (−0.52)

0.3268

1.2351

Nevada

0.089984 (14.11)*

0.000546 (1.01)

−0.000003 (−0.30)

−0.000406 (−0.75)

0.1766

0.6785

New Hampshire

0.073901 (11.51)*

0.002350 (5.78)*

−0.000027 (−3.46)*

−0.002666 (−2.67)^

0.7325

0.4095

New Jersey

0.116207 (17.56)*

0.005313 (16.62)*

−0.000059 (−11.03)*

−0.003578 (−5.35)*

0.9597

0.6276

New Mexico

0.162952 (13.26)*

0.010421 (11.64)*

−0.000274 (−11.75)*

−0.005329 (−3.39)*

0.7573

0.4595

New York

0.272531 (13.47)*

0.011008 (11.02)*

−0.000111 (−6.37)*

−0.010541 (−4.43)*

0.9146

0.5252

North Carolina

0.171237 (30.25)*

0.002546 (4.91)*

−0.000052 (−4.07)*

−0.002406 (−3.41)*

0.4754

0.8457