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WalletHub study ranks US states by economic strength, led by innovation-driven economies

By

Stephanie Weaver

2h ago· 3 min readenNews

Summary

A WalletHub analysis comparing all 50 states and D.C. across 28 economic indicators reveals which states have the strongest economies. The top-ranked state is fueled by innovation, STEM talent, and a thriving tech sector. The article examines how states like California, Texas, New York, and Florida have economies large enough to rank among the world's top 20 nations, and highlights which states are driving national economic growth amid global competition and domestic challenges.

Key quotes

· 3 pulled
A recent analysis by WalletHub compared all 50 states and the District of Columbia across 28 indicators of economic performance and strength.
While economic powerhouses such as California, Texas, New York, and Florida boast economies so large they would rank among the world's top 20 nations if measured independently...
This state topped the list as the strongest state economy, fueled by innovation, STEM talent and a thriving tech sector, according to new data.
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This state topped the list as the strongest state economy, fueled by innovation, STEM talent and a thriving tech sector, according to new data.

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