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Economy

Growth

Growth measures the growth of the young population in the state, overall growth through migration and the GDP growth rate.

GDP Growth

12th ('18) 12th ('19) 3rd ('23)

GDP Growth

Growth of Young Population

7th ('18) 5th ('19) 14th ('23)

Growth of Young Population

Net Migration

15th ('18) 14th ('19) 9th ('23)

Net Migration


Employment

The employment ranking tracks the three-year average for job growth, unemployment rates and labor force participation rates.

Labor Force Participation

40th ('18) 37th ('19) 39th ('23)

Labor Force Participation Rate

Low Unemployment Rate

9th ('18) 22nd ('19) 26th ('23)

Low Unemployment Rate

Job Growth

19th ('18) 6th ('19) 22nd ('23)

Job Growth

Business Environment

This ranking gauges a state's business environment based on monthly birth rate for new businesses and the rate of patents for new inventions.

Entrepreneurship

33rd ('18) 32nd ('19)

Entrepreneurship

Low Tax Burden

8th ('18) 8th ('19) 2nd ('23)

Low Tax Burden

Patent Creation

37th ('18) 36th ('19) 37th ('23)

Patent Creation

Top Company Headquarters

19th ('18) 13th ('19) 18th ('23)

Top Company Headquarters

Venture Capital

20th ('18) 33rd ('19) 29th ('23)

Venture Capital


Business Environment

This ranking gauges a state's business environment based on monthly birth rate for new businesses and the rate of patents for new inventions.

Entrepreneurship

33rd ('18) 32nd ('19)

Entrepreneurship

Low Tax Burden

8th ('18) 8th ('19) 2nd ('23)

Low Tax Burden

Patent Creation

37th ('18) 36th ('19) 37th ('23)

Patent Creation

Top Company Headquarters

19th ('18) 13th ('19) 18th ('23)

Top Company Headquarters

Venture Capital

20th ('18) 33rd ('19) 29th ('23)

Venture Capital

Credit US News for Metric Descriptions

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