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business13h ago
New study reveals which states have the best economies
- Massachusetts is ranked the top state economy in WalletHub's analysis of all 50 states and D.C.
- The ranking considered 28 indicators of economic performance and strength.
- Massachusetts' edge comes from strong R&D investment and a highly skilled workforce.
- Massachusetts had the highest share of jobs in high-tech industries, boosting its economy.
- Washington and Utah rounded out the top three in the WalletHub rankings.
- California and Delaware also rank among the top five economies in the study.
- WalletHub noted that smart state economies support income growth and business development.
- The analysis compares states on economic activity, health, and innovation potential.
- The study underscores that state economies influence national growth amid global competition.
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