What State Has the Strongest Economy?

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States with Strong Economies in the US

  • California has the highest GDP at $3.5 trillion.
  • New York has a $1.9 trillion GDP and 53 Fortune 500 companies.
  • Massachusetts has a $664 billion GDP.
  • Washington has a $697 billion GDP.
  • Utah has low 2.3% unemployment and high GDP growth.

Growing Economies in the US

  • Idaho saw 4.9% GDP growth in 2021-2022.
  • Tennessee saw 8.6% GDP growth in 2020-2021 and 4.3% in 2021-2022.
  • Oregon and Delaware also have strong, diverse economies.

Factors Contributing to a Strong US Economy

  • The US has the world’s largest economy at $26 trillion.
  • Large workforce and high productivity.
  • Demographic advantages from fertility rates and immigration.

State Rankings and Strengths

  • Massachusetts ranked the best state to live in 2022 for various aspects.
  • Hawaii ranked 1st for healthcare.
  • Vermont ranked 1st for the easiest place to find jobs followed by Arizona and California cities.

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