California, Texas, New York and Florida have economies so large that if they were countries, they would rank in the top 20 in the world. To determine America’s top economic performers across a variety of metrics, the personal-finance website WalletHub today released its report on 2024’s Best & Worst State Economies, as well as expert commentary.
WalletHub compared the 50 states and the District of Columbia across 28 key indicators of economic performance and strength. The data set ranges from GDP growth and the unemployment rate to startup activity and the share of jobs in high-tech industries.
Economic Performance of Arizona (1=Best; 25=Avg.):
- Overall Rank: 10th
- 19th – Change in GDP
- 8th – Startup Activity
- 18th – % of Jobs in High-Tech Industries
- 24th – Annual Median Household Income
- 8th – Change in Nonfarm Payrolls
- 17th – Government Surplus/Deficit per Capita
For the full report, please visit:
https://wallethub.com/edu/states-with-the-best-economies/21697
