November 21, 2024 11:23 am
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Arizona among top state economies

By InBusiness Phoenix

With California on track to overtake Germany as the world’s fourth largest economy, the personal-finance website WalletHub released its report on 2023’s Best & Worst State Economies, as well as expert commentary.

In order to determine America’s top economic performers, WalletHub compared the 50 states and the District of Columbia across 28 key indicators of economic performance and strength. The data set ranges from change in GDP to startup activity to the share of jobs in high-tech industries. Arizona has the 10th best state economy according to the report.

Economic Performance of Arizona (1=Best; 25=Avg.):

  • 15th – Change in GDP
  • 9th – Startup Activity
  • 17th – % of Jobs in High-Tech Industries
  • 26th – Annual Median Household Income
  • 12th – Change in Nonfarm Payrolls
  • 18th – Government Surplus/Deficit per Capita

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