2021’s Best & Worst State Economies
From Wallet Hub, Jun 7, 2021
U.S. economic growth depends heavily on the performance of individual states. But some contribute more than others. California, for instance, is the fifth largest economy in the world, boasting a GDP larger than that of countries like the U.K., France and India. Meanwhile, Hawaii is struggling with the highest unemployment rate in the country, at 9%. That makes sense considering the state has an economy that relies heavily on tourism, which took a big hit due to the COVID-19 pandemic.
In order to determine which states are pulling the most weight even during this time of economic difficulty, WalletHub compared the 50 states and the District of Columbia across 29 key indicators of economic performance and strength….
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June 9, 2021: Hawaii Ranks 46th for Jobs
| Overall Rank |
51 |
| State |
Hawaii |
| Total Score |
23.56 |
| Economic Activity |
51 |
| Economic Health |
44 |
| Innovation Potential |
47 |
| Change in GDP |
51 |
| Exports per Capita |
51 |
| Unemployment Rate |
51 |
| Change in Non-farm payrolls |
49 (tied for worst) |
| State Government Surplus per Capita |
5 |
| % of jobs in Hi-Tech Industries |
50 |
| Independent Inventor Patents per capita |
48 |
|