Public Assets Institute > Policy Areas > Family Economic Security

Family Economic Security

All Vermonters want and need sufficient income for a decent home, nutritious food, as well as health care, transportation, childcare, and other essentials. The ability of all citizens to live decently is fundamental to the cohesion of any society. The state can and should ensure that workers are paid fairly, treated with respect, and have affordable childcare; and that taxpayer money intended to put Vermonters to work is invested wisely.

IN FOCUS
May 22, 2023

Vermont’s economy grew 2.8 percent, after adjusting for inflation, in 2022—the second year of growth after a drop in 2020 at the start of the pandemic. Data released by the Bureau of Economic Analysis at the end of March show that Vermont’s gross state product—the total value of all goods and services—saw the highest growth rate in New England.

In 2022 Vermont’s gross state product also surpassed $40 billion for the first time, a rise from 2021 of more than $3.5 billion in unadjusted dollars.

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