Colorado ranked #1 for economy in the United States
Published: Jun. 28, 2017 at 5:04 PM MDT
When it comes to factors like unemployment and GDP, Colorado has the best economy in the United States according to a recent report.
economic growth, poverty, unemployment, job growth and college attainment rates nationwide to compare and rank each state’s economy.
The financial news company highlighted the following statistics to rank the Centennial State the best out of 50:
-2016 GDP: $292.51 billion (18th largest)
-5 yr. GDP annual growth rate: 3.0 percent (tied–4th largest growth)
-Unemployment: 2.3 percent (the lowest)
-5 yr. annual employment growth: 2.9 percent (3rd fastest growth)
The top five states with the best economy according to the report:
1. Colorado
2. Utah
3. North Dakota
4. New Hampshire
5. Massachusetts
The five states with the worst economy according to the report:
50. West Virginia
49. Alaska
48. Mississippi
47. New Mexico
46. Louisiana
