According to a report by the personal-finance website WalletHub, California, Texas, New York, and Florida are among the top economic performers in the United States. These states have economies comparable to those of top-ranking countries. In order to determine the best and worst state economies in 2024, WalletHub compared the 50 states and the District of Columbia across 28 key indicators of economic performance and strength.
In the report, Arizona ranked 10th overall in economic performance. The state’s GDP growth, startup activity, high-tech industry jobs percentage, median household income change, nonfarm payrolls change and government surplus/deficit per capita all contributed to its position. Arizona’s strong performance in these areas makes it one of the top states in terms of economic strength and growth.
The report from WalletHub provides valuable insights into the economic performance of states across the country. It highlights areas of strength and areas for improvement for each state. This information is useful for policymakers, businesses and individuals looking to understand and assess state economies. To view the full report and rankings for all states visit .