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- The US economy is the sum of the economies of the 50 states and Washington, DC.
- Using six measures of labor-market and general economic health, we ranked all of those component economies from worst to best.
The United States has a $20 trillion economy, and that behemoth is made up of the 51 smaller economies of the states and Washington, DC.
Business Insider combined six measures of labor-market and general economic health for all the states and the District of Columbia. They are the unemployment rate, job growth, per-capita GDP, GDP growth, average weekly wages, and wage growth. By putting all those on a common scale and combining them, we came up with an overall score for each state's economy.
Click here to see our detailed sources and methods.
While the top of the list remains similar to our most recent ranking last quarter, with Washington, DC coming in first place, several states saw their fortunes rise or fall. New Hampshire moved up from 34th place to 12th, while Wisconsin fell from 19th-best to 43rd.
Here's how the economy of each state and DC is doing right now: