Where did your state rank in WalletHub’s list of the best and worst economies?
WalletHub released a new study which ranked the states that had the best economy and contributed the most to the country’s economic growth. The analysis released Monday compared all 50 states and the District of Columbia based on their economic activity, economic health, and innovation potential using 28 metrics, including change in GDP, unemployment rate and fiscal health, to determine which ones are pulling the most weight when it comes to moving the U.S. economy forward.
RELATED: Home insurance rates have surged nearly 40% since 2019 – but they're rising fastest in these statesTop 5 states with the highest median incomeTop 5 states with the lowest median incomeTop 5 states with the lowest unemployment Top 5 states with the highest unemploymentOn the other end of the spectrum, Louisiana, ranking 47th, struggles with high unemployment rates and low median household income, with minimal R&D investment hampering its economic growth prospects, WalletHub...
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