WalletHub study ranks US states by economic strength, led by innovation and tech sectors
By
Stephanie Weaver
Summary
A WalletHub analysis comparing all 50 states and DC 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 state-level economic performance drives national growth, noting that economic powerhouses like California, Texas, New York, and Florida have economies that would rank among the world's top 20 nations.
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Key quotes
· 3 pulledA 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, new research highlights which states are doing the most to propel the country forward.
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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