Arizona economy only fazed by COVID-19 compared to other states, survey shows

By Adam McCann / WalletHub

Coronavirus isn’t just a danger to Americans’ health. It’s also a menace to our wallets. Due to the pandemic, many states still have restrictions on businesses, though the country is gradually reopening more and more as vaccination increases. The U.S. is still struggling to recover from the unemployment caused by business closures, too. While the federal government has helped mitigate some of this damage through multiple rounds of business loans, direct stimulus payments to individuals and increased unemployment benefits, it will take a long time for state economies to fully recover. That’s especially true in states that depend heavily on the industries that were most affected by the pandemic.

Some states are better positioned economically to deal with the coronavirus pandemic than others. To find out the states whose economies are hit the most by COVID-19, WalletHub compared the 50 states and the District of Columbia across 13 unique metrics. Our data set ranges from the share of employment from small businesses to the share of workers with access to paid sick leave and the increase in unemployment insurance claims. Read on for the full ranking, additional insight from a panel of experts and a complete description of our methodology.

Main FindingsDetailed FindingsAsk the ExpertsMethodology

Main Findings

State Economies Most Exposed to Coronavirus

Overall Rank StateTotal ScoreHighly Affected Industries & Workforce Resources for Businesses to Cope Better with the Crisis 
1Louisiana57.37101
2Oklahoma57.1036
3Hawaii56.75210
4Ohio54.23416
5Nevada53.87131
6Alaska53.77915
7West Virginia53.451111
8Virginia52.65723
9New Mexico50.10189
10Wyoming48.78636
11Kentucky48.62312
12Mississippi48.59303
13New York48.36537
14Rhode Island47.521234
15Illinois46.952117
16Indiana46.55278
17Montana46.552524
18Kansas45.30385
19Wisconsin45.163312
20Florida44.972228
21Maine44.811342
22Texas44.301538
23Michigan44.201440
24Georgia44.192330
25Delaware43.903613
26Massachusetts43.711641
27Pennsylvania43.612825
28Tennessee43.582921
29Alabama43.49407
30New Jersey42.562632
31New Hampshire41.973426
32Connecticut41.401745
33Arkansas41.37504
34South Carolina40.714120
35Missouri40.494218
36Iowa39.824814
37Vermont39.781946
38North Carolina39.614322
39California39.282444
40Colorado38.44850
41South Dakota38.014527
42Idaho37.544729
43Maryland37.203243
44Minnesota36.883739
45Nebraska36.845119
46North Dakota36.813935
47District of Columbia36.152051
48Utah34.764633
49Oregon33.343549
50Arizona30.514447
51Washington29.834948
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