The States With The Best And Worst Economies

WalletHub’s ranking of state economic performance compares each of the 50 states plus the District of Columbia – across 23 metrics ranging from GDP growth and business start up activity to venture-capital funding per-capita and percentage of jobs held by scientists and engineers.

1. Utah
GDP Growth: 3.11%
Unemployment Rate: 3.5%
Percent of Residents Below Poverty Level: 12.8%
Venture-Capital Funding per Capita: $256.23
1. Utah

2. Seattle
GDP Growth: 3.0.%
Unemployment Rate: 5.8%
Percent of Residents Below Poverty Level: 13.5%
Venture-Capital Funding per Capita: $178.69
2. Washington

3. California
GDP Growth: 2.82%
Unemployment Rate: 5.4%
Percent of Residents Below Poverty Level: 16.4%
Venture-Capital Funding per Capita: $899.34
3. California

4. Massachusetts
GDP Growth: 2.30%
Unemployment Rate: 4.4%
Percent of Residents Below Poverty Level: 11.6%
Venture-Capital Funding per Capita: $874.21
4. Massachusetts

5. Colorado
GDP Growth: 4.66%
Unemployment Rate: 2.9%
Percent of Residents Below Poverty Level: 13.1%
Venture-Capital Funding per Capita: $152.36
5. Colorado

47.  New Mexico
GDP Growth: 1.04%
Unemployment Rate: 6.2%
Percent of Residents Below Poverty Level: 20.9%
Venture-Capital Funding per Capita: $35.57
47. New Mexico

48. Maine
GDP Growth: 0.18%
Unemployment Rate: 3.4%
Percent of Residents Below Poverty Level: 13.9%
Venture-Capital Funding per Capita: $66.45
48. Maine

49. West Virgina
GDP Growth: 5.12%
Unemployment Rate: 6.5%
Percent of Residents Below Poverty Level: 18.1%
Venture-Capital Funding per Capita: N/A
49. West Virgina

50. Arkansas
GDP Growth: 0.78%
Unemployment Rate: 4.1%
Percent of Residents Below Poverty Level: 19.2%
Venture-Capital Funding per Capita: $3.52
50. Arkansas

51.Mississippi
GDP Growth: -1.18%
Unemployment Rate: 6.3%
Percent of Residents Below Poverty Level: 22.6%
Venture-Capital Funding per Capita: N/A
51. Mississippi

Forbes.com | June 2016

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