WalletHub: Colorado ranks No. 5 on list of best overall U.S. state economies

Monday June 4, 2018 0 comments Tags: WalletHub

COLORADO – Colorado placed No. 5 on WalletHub’s “2018 Best and Worst State Economies” list and No. 4 on the list of “Best Innovation Potential.”

According to WalletHub, the top 10 states with the best overall economies are:WalletHub_logoUSE

  1. Washington
  2. Utah
  3. Massachusetts
  4. California
  5. Colorado
  6. District of Columbia
  7. Idaho
  8. Oregon
  9. Georgia
  10. Texas

The five states with the worst economies are:

     47. Arkansas

     48. West Virginia

     49. Alaska

     50. Mississippi

     51. Louisiana

The states with the highest “innovation potential” are:

  1. Massachusetts
  2. Washington
  3. California
  4. Colorado
  5. Michigan

The WalletHub study also found:

  • Colorado was No. 2 in Highest GDP Growth
  • Colorado was No, 4 in Most Startup Activity
  • Colorado was tied with Hawaii for the Lowest Unemployment
  • Colorado was No. 5 for Highest Median Household Income

WalletHub said its study was based on 25 key indicators of economic performance.

To view the WalletHub report, click here.