Where does the Tar Heel State rank in terms of its economy, relative health and innovation potential?
A new report by WalletHub, the personal finance website,ranks North Carolina as the 15th best economy in the country overall.
WalletHub compared the 50 states and the District of Columbia, looking at 27 indicators of economic performance and strength. The data it examined ranged from GDP growth to startup activity, according to the report.
North Carolina, with an index score of 57.34 out of 100, also ranked 11th in terms of economic health and 12th for innovation potential. The state placed in the 24th spot in terms of economic activity. Those three categories were looked at to determine states’ overall ranking on the study.
The states with the best economies are Washington, California and Utah. Those with the worst economies are West Virginia, Louisiana and Mississippi, according to the report.
To see where other states come in, see WalletHub.
by: Jessica Seaman, Triad Business Journal