A recent study conducted by WalletHub has named Ohio as one of the states with the worst economies in the United States. The research analyzed economic indicators for all 50 states and Washington D.C. across three major dimensions – economic activity, economic health, and innovation potential – using 28 different metrics, including median household income, business growth, and unemployment rate.
Ohio ranked at number 42 on the list, making it the state with the tenth-worst economy according to WalletHub. However, Ohio performed better in terms of its rankings for economic health (39) and innovation potential (33). Alongside Ohio in the top ten states with the worst economies were Mississippi, Hawaii, West Virginia, Arkansas, Louisiana, Kentucky, Rhode Island, Iowa, and Maine.
Although Forbes recently named Ohio as one of the best states to start a business and companies like Intel have made significant investments in the state