Oklahoma is below average in every category except employment in a recent study of state economies by WalletHub.com.
Oklahoma is No. 50 (50 states and the District of Columbia) in exports per capita.
Here is how the Sooner State measures up:
- 19th – unemployment rate
- 25th – business startup activity
- 32nd – percent of fast-growing firms
- 40th – immigration of U.S. knowledge workers
- 42nd – annual median household income
- 44th – percent of jobs in high-tech industries
- 45th – nonfarm payrolls change
- 50th – exports per capita
Illinois, for instance, is currently in a fiscal free fall, with no budget for the second year in a row and the highest unemployment rate in the Midwest. Meanwhile, California has blossomed into the seventh largest economy in the world, boasting a GDP of $2.3 trillion, which was comparable to Brazil’s $2.2 trillion, in 2014.
WalletHub’s analysts compared the economic performance of the 50 states and the District of Columbia in three areas: economic activity, economic health and innovation potential.
Best State Economies
- District of Columbia
- New York
- New Mexico