Pennsylvania is a hella inelastic state. New Hampshire is hella elastic.
Do you have any evidence whatsoever for this claim?
The first step is to arithmetically define what elasticity means. Is it a measure of the volatility in swings (as opposed to trends)? And what time frame is being used for the measure? And how much additional weight is given to more recent data points in the time frame used, if any? Once one defines all of this, then there is actually a right and a wrong answer. Absent doing that, then it is all a matter of opinion as folks use different metrics.
