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States With The Best & Worst Economies

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Best & Worst

Part of being a top state for business means having a strong economy, which is why each state’s economy played a factor on our overall rankings.

Here’s a closer look at the states with the best and worst economies, selected using basic economic indicators and by the number of major corporations located within the state. With that information, each state was given a score out of a possible 314 points, and ranked using those numbers. Click on to see which state economies made the bottom five and which made the top, along with last years rankings and their total points.

Published July 23, 2009

»America's Top States for Business
»Complete 2009 Rankings

1. Texas — Best

Points: 282

2008 Ranking: 1


»Texas Snapshot»America's Top States for Business
»Complete 2009 Rankings

2. Wyoming

Points: 194

2008 Ranking: 6


»Wyoming Snapshot
»America's Top States for Business
»Complete 2009 Rankings

3. Oklahoma

Points: 184

2008 Ranking: 3


»Oklahoma Snapshot
»America's Top States for Business
»Complete 2009 Rankings

4. Iowa

Points: 182

2008 Ranking: 29


»Iowa Snapshot
»America's Top States for Business
»Complete 2009 Rankings

5. Colorado

Points: 178

2008 Ranking: 11


»Colorado Snapshot
»America's Top States for Business
»Complete 2009 Rankings

50. Rhode Island — Worst

Points: 11

2008 Ranking: 49


»Rhode Island Snapshot
»America's Top States for Business
»Complete 2009 Rankings

49. Nevada

Points: 32

2008 Ranking: 34


»Nevada Snapshot
»America's Top States for Business
»Complete 2009 Rankings

47. Alaska (Tie)

Points: 48

2008 Ranking: 50


»Alaska Snapshot
»America's Top States for Business
»Complete 2009 Rankings

47. South Carolina (Tie)

Points: 48

2008 Ranking: 39


»South Carolina Snapshot
»America's Top States for Business
»Complete 2009 Rankings

46. Indiana

Points: 50

2008 Ranking: 37


»Indiana Snapshot
»America's Top States for Business
»Complete 2009 Rankings