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Report: Hawai`i Ranked 4th ‘Worst State Economy’

With economic growth varying significantly from one state to another — California recently became the fifth largest economy in the world while Alaska has an unemployment rate over 6%, for instance — the personal-finance website WalletHub today released its report on 2019’s Best & Worst State Economies.

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 GDP growth to startup activity to share of jobs in high-tech industries.

Source: WalletHub

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

  • 44th – GDP Growth
  • 51st – Exports per Capita
  • 41st – Startup Activity
  • 50th – % of Jobs in High-Tech Industries
  • 26th – Annual Median Household Income
  • 44th – Change in Nonfarm Payrolls

For the full report, please visit:
https://wallethub.com/edu/states-with-the-best-economies/21697/

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