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Updated almost 10 years ago on . Most recent reply
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The 50 US state economies rankings from best to worst - you would never guess who is #1
http://www.businessinsider.com/state-economy-ranki...
Does this list match your expectations?
A couple facts I did not know. Calif has the largest budget surplus at 32 billion.
NYC has 48 fortune 500 companies! Probably all located within a few blocks of each other.
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Spoiler Alert.
North Dakota is number 1.
“North Dakota's 2013 GDP per capita was the second highest in our rankings at $68,804.”
I don’t mean to bag on North Dakota, but the measure of GDP per capita doesn’t mean too much when the state’s population is 739,000, or about the size of Greensboro-High Point, NC.
Their economy is a one trick pony. If oil and gas go into a bear market, they will feel much pain. In fact, I bet they are sweating the past few months’ energy prices.