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Every US state's economy,: ranked from worst to best
A recent study reported that Massachusetts has the best economy in the United States.Cavan-Images/ShutterstockNo two states' economies are the same.A recent WalletHub. study ranked the economies of every state and Washington, DC, from worst to best.Massachusetts topped the list overall, while South Dakota ranked no. 1 in economic health.California's economy is the fourth largest in the world, having passed Japan's last year and trailing only the US, China, and Germany in terms of GDP.But GDP metrics don't always tell the. full story of what conditions are like for the people and businesses located there.A recent WalletHub study ranked all US states and Washington, DC, on their economies by evaluating their performance in 28 different economic indicators. These metrics made up three overall categories: economic activity, economic health, and innovation potential.Economic activity was measured by factors including the state's change in GDP from 2024 to 2025, its share of fast-growing companies, and exports per capita. Economic health included the state's unemployment rate, foreclosure rate, and fiscal health. Innovation potential was measured by the share of jobs in high-tech industries, entrepreneurial activity, and other indicators.WalletHub then calculated each state's weighted average across the three dimensions, which provided the basis for its overall ranking. The study drew on data from a range of sources, including the US Census Bureau, Bureau of Labor Statistics, and Bureau of Economic Analysis.While the study doesn't paint the full picture of the economic conditions for residents, it may indicate the states where workers might have more job opportunities and where businesses have strong growth potential. WalletHub added that its analysis also shows "which states are pulling the most weight in moving the US economy forward.""A strong state economy doesn't guarantee success for the state's residents, but. it certainly makes financial success more attainable," WalletHub analyst Chip Lupo said in the study.Here's the list of every US state and Washington, DC, ranked by their economies, from worst to best.51. West VirginiaWheeling, West Virginia.aceshot1/ShutterstockEconomic Activity Rank: 51Economic Health Rank: 30Innovation Potential Rank: 5150. KentuckyLouisville, Kentucky.Alexey Stiop/ShutterstockEconomic Activity Rank: 43Economic Health Rank: 38Innovation Potential Rank: 5049. LouisianaNew Orleans, Louisiana.Dennis MacDonald/ShutterstockEconomic Activity Rank: 37Economic Health Rank: 48Innovation Potential Rank: 4748. MainePortland, Maine.Sean Pavone/ShutterstockEconomic Activity Rank: 50Economic Health Rank: 25Innovation Potential Rank: 4147. Rhode IslandProvidence, Rhode Island.Mihai_Andritoiu/ShutterstockEconomic Activity Rank: 49Economic Health Rank: 35Innovation Potential Rank: 3146. WyomingCasper, Wyoming.Jacob Boomsma/ShutterstockEconomic Activity Rank: 46Economic Health Rank: 20Innovation Potential Rank: 4445. MississippiJackson, Mississippi.Dennis MacDonald/ShutterstockEconomic Activity Rank: 34Economic Health Rank: 32Innovation Potential Rank: 4544. HawaiiHonolulu, Hawaii.Steve Heap/ShutterstockEconomic Activity Rank: 30Economic Health Rank: 14Innovation Potential Rank: 4943. OklahomaOklahoma City, Oklahoma.Rudy Balasko/ShutterstockEconomic Activity Rank: 39Economic Health Rank: 23Innovation Potential Rank: 4042. MissouriSt. Louis, Missouri.FilmRAW/ShutterstockEconomic Activity Rank: 44Economic Health Rank: 33Innovation Potential Rank: 3241. South DakotaSioux Falls, South Dakota.Jacob Boomsma/ShutterstockEconomic Activity Rank: 47Economic Health Rank: 1Innovation Potential Rank: 4840. North DakotaFargo, North Dakota.Jacob Boomsma/ShutterstockEconomic Activity Rank: 48Economic Health Rank: 5Innovation Potential Rank: 3839. IowaDes Moines, Iowa.Nick Fox/ShutterstockEconomic Activity Rank: 45Economic Health Rank: 29Innovation Potential Rank: 2838. OhioCleveland, Ohio.f11photo/ShutterstockEconomic Activity Rank: 32Economic Health Rank: 44Innovation Potential Rank: 3337. IllinoisChicago, Illinois.Terelyuk/ShutterstockEconomic Activity Rank: 27Economic Health Rank: 50Innovation Potential Rank: 2636. ArkansasLittle Rock, Arkansas.Sean Pavone/ShutterstockEconomic Activity Rank: 24Economic Health Rank: 15Innovation Potential Rank: 4635. NevadaLas Vegas, Nevada.AndyGriffin/ShutterstockEconomic Activity Rank: 21Economic Health Rank: 34Innovation Potential Rank: 4334. NebraskaLincoln, Nebraska.Sean Pavone/ShutterstockEconomic Activity Rank: 40Economic Health Rank: 7Innovation Potential Rank: 3733. Washington, DCWashington, DC.xbrchx/ShutterstockEconomic Activity Rank: 25Economic Health Rank: 51Innovation Potential Rank: 1432. AlaskaAnchorage, Alaska.Jacob Boomsma/ShutterstockEconomic Activity Rank: 14Economic Health Rank: 42Innovation Potential Rank: 4231. WisconsinEau Claire, Wisconsin.Matthew A Reddy/ShutterstockEconomic Activity Rank: 41Economic Health Rank: 26Innovation Potential Rank: 1830. PennsylvaniaPhiladelphia, Pennsylvania.Erik Gonzalez/ShutterstockEconomic Activity Rank: 29Economic Health Rank: 41Innovation Potential Rank: 1629. VermontMontpelier, Vermont.Sean Pavone/ShutterstockEconomic Activity Rank: 38Economic Health Rank: 28Innovation Potential Rank: 2128. AlabamaBirmingham, Alabama.Sean Pavone/ShutterstockEconomic Activity Rank: 26Economic Health Rank: 22Innovation Potential Rank: 3427. MichiganDetroit, Michigan.Matthew G Eddy/ShutterstockEconomic Activity Rank: 42Economic Health Rank: 46Innovation Potential Rank: 1126. New MexicoSanta Fe, New Mexico.Sean Pavone/ShutterstockEconomic Activity Rank: 36Economic Health Rank: 36Innovation Potential Rank: 1325. New JerseyJersey City, New Jersey.Mariusz Lopusiewicz/ShutterstockEconomic Activity Rank: 23Economic Health Rank: 47Innovation Potential Rank: 1524. OregonPortland, Oregon.Jacob Boomsma/ShutterstockEconomic Activity Rank: 33Economic Health Rank: 45Innovation Potential Rank: 823. KansasTopeka, Kansas.Mihai_Andritoiu/ShutterstockEconomic Activity Rank: 20Economic Health Rank: 13Innovation Potential Rank: 3022. IndianaIndianapolis, Indiana.FilmRAW/ShutterstockEconomic Activity Rank: 13Economic Health Rank: 39Innovation Potential Rank: 2721. MinnesotaMinneapolis, Minnesota.Rudy Balasko/ShutterstockEconomic Activity Rank: 28Economic Health Rank: 12Innovation Potential Rank: 2020. MarylandBaltimore, Maryland.Sean Pavone/ShutterstockEconomic Activity Rank: 35Economic Health Rank: 43Innovation Potential Rank: 419. MontanaBozeman, Montana.Jacob Boomsma/ShutterstockEconomic Activity Rank: 17Economic Health Rank: 6Innovation Potential Rank: 3518. South CarolinaColumbia, South Carolina.Mihai_Andritoiu/ShutterstockEconomic Activity Rank: 11Economic Health Rank: 17Innovation Potential Rank: 3917. TennesseeNashville, Tennessee.Sean Pavone/ShutterstockEconomic Activity Rank: 12Economic Health Rank: 3Innovation Potential Rank: 3616. ConnecticutHartford, Connecticut.f11photo/ShutterstockEconomic Activity Rank: 22Economic Health Rank: 40Innovation Potential Rank: 715. ArizonaPhoenix, Arizona.Sean Pavone/ShutterstockEconomic Activity Rank: 16Economic Health Rank: 16Innovation Potential Rank: 2314. VirginiaRichmond, Virginia.Eli Wilson/ShutterstockEconomic Activity Rank: 18Economic Health Rank: 9Innovation Potential Rank: 1913. New HampshireManchester, New Hampshire.Wangkun Jia/ShutterstockEconomic Activity Rank: 31Economic Health Rank: 10Innovation Potential Rank: 612. GeorgiaAtlanta, Georgia.Sean Pavone/ShutterstockEconomic Activity Rank: 10Economic Health Rank: 21Innovation Potential Rank: 2511. IdahoBoise, Idaho.CSNafzger/ShutterstockEconomic Activity Rank: 19Economic Health Rank: 2Innovation Potential Rank: 1710. FloridaOrlando, Florida.CreativeStudio79/ShutterstockEconomic Activity Rank: 6Economic Health Rank: 19Innovation Potential Rank: 299. ColoradoDenver, Colorado.Kevin Ruck/ShutterstockEconomic Activity Rank: 15Economic Health Rank: 24Innovation Potential Rank: 58. TexasSan Antonio, Texas.Jacob Boomsma/ShutterstockEconomic Activity Rank: 7Economic Health Rank: 11Innovation Potential Rank: 247. New YorkBuffalo, New York.Sean Pavone/ShutterstockEconomic Activity Rank: 4Economic Health Rank: 31Innovation Potential Rank: 226. North CarolinaRaleigh, North Carolina.Oak City Drone/ShutterstockEconomic Activity Rank: 9Economic Health Rank: 8Innovation Potential Rank: 95. DelawareWilmington, Delaware.James Kirkikis/ShutterstockEconomic Activity Rank: 1Economic Health Rank: 27Innovation Potential Rank: 104. CaliforniaSacramento, California.NorthSky Films/ShutterstockEconomic Activity Rank: 2Economic Health Rank: 49Innovation Potential Rank: 33. UtahSalt Lake City, Utah.Sean Pavone/ShutterstockEconomic Activity Rank: 3Economic Health Rank: 4Innovation Potential Rank: 122. WashingtonSeattle, Washington.Sean Pavone/ShutterstockEconomic Activity Rank: 8Economic Health Rank: 18Innovation Potential Rank: 21. MassachusettsBoston, Massachusetts.Terelyuk/ShutterstockEconomic Activity Rank: 5Economic Health Rank: 37Innovation Potential Rank: 1Read the original article on Business Insider
