These states have the best economies in the US: study

June 05, 2019 / By mobanmarket

Washington state reportedly has the best economy in America, according to a new study.

Continue Reading Below

The analysis, published by WalletHub on Monday, looked at 28 indicators across three dimensions: economic activity, economic health and innovation potential.

Some of those indicators included GDP growth, exports per capita, unemployment, underemployment, growth in number of businesses and entrepreneurial activity.

Click Here: fjallraven kanken backpack

MORE FROM FOXBUSINESS …

• THE US IS NO LONGER THE WORLD’S MOST COMPETITIVE ECONOMY
• CONNECTICUT REVENUE SWELLS AFTER BOAT TAX REDUCTION

Each indicator was given a specific weight and each state was given a score for each area, the study noted. Researchers then calculated each state’s average, which was used to rank them.

CLICK HERE TO GET THE FOX BUSINESS APP

Advertisement

Based on those calculations, here are the top 10 states with the best economies according to WalletHub’s study.

1. Washington

2. Utah

3. Massachusetts

4. California

5. Colorado

6. District of Columbia

7. Idaho

8. Oregon

9. New Hampshire

10. North Carolina