Ranked: The Best And Worst State Economies
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Title : Ranked: The Best And Worst State Economies
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Title : Ranked: The Best And Worst State Economies
link : Ranked: The Best And Worst State Economies
news-today.world | On a global scale, the U.S. economy is massive at close to $19 trillion in size.
However, as Visual Capitalist's Jeff Desjardins explains below, the United States is also the sum of its parts. America represents the union of 50 states and other jurisdictions such as D.C., and all of these state-level economies have their own unique problems to overcome, drivers of growth, and local resources that factor into their prosperity.
How can we compare these state economies on an even playing field?
RANKED: STATE ECONOMIES
However, as Visual Capitalist's Jeff Desjardins explains below, the United States is also the sum of its parts. America represents the union of 50 states and other jurisdictions such as D.C., and all of these state-level economies have their own unique problems to overcome, drivers of growth, and local resources that factor into their prosperity.
How can we compare these state economies on an even playing field?
RANKED: STATE ECONOMIES
Using absolute numbers, it’s hard to directly compare California ($2.75 trillion GDP, 39.5 million people) to a state like Vermont ($33 billion, 0.6 million people). By leveling the playing field, we can get an idea of how states contrast in terms of relative economic strength that companies and workers would better recognize.
Today’s infographic uses 27 metrics from WalletHub to rank state economies.
More
Today’s infographic uses 27 metrics from WalletHub to rank state economies.
More
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