10 State Economies That Really Stink

What's Hot

How to Cut the Cable TV Cord in 2017Family

8 Major Freebies and Discounts You Get With Amazon PrimeSave

Study: People Who Curse Are More HonestFamily

8 Creative Ways to Clear ClutterAround The House

15 Things You Should Always Buy at a Dollar StoreMore

Pay $2 and Get Unlimited Wendy’s Frosty Treats in 2017Family

5 Reasons to Shop for a Home in DecemberFamily

This Free Software Brings Old Laptops Back to LifeMore

Should You Donate to Wreaths Across America? A Lesson in Charitable GivingAround The House

6 Reasons Why Savers Are Sexier Than SpendersCredit & Debt

Resolutions 2017: Save More Money Using 5 Simple TricksCredit & Debt

10 Free Things That Used to Cost MoneyAround The House

7 New Year’s Resolutions to Make With Your KidsFamily

10 Simple Money Moves to Make Before the New YearFamily

The 3 Golden Rules of Lending to Friends and FamilyBorrow

Illinois lawmakers have made headlines for their inability to reach a budget deal. But some places are much worse off than the Prairie State.

Illinois lawmakers ended their latest legislative session last week without agreeing on a budget — again.

This means the Prairie State is heading toward its second year with no state budget, putting public schools at risk of closure and state services at risk of elimination, the Associated Press recently reported.

Yet some states’ economies are worse off, according to WalletHub. The financial data website recently ranked Illinois’ economy No. 29 among the 50 states and the District of Columbia, giving it an overall score of 46.41 out of 100.

WalletHub analyzed the condition of each state economy based on 23 factors like gross domestic product growth and unemployment rates.

The 10 worst-ranked state economies earned overall scores ranging from 31.86 in Mississippi to 39.35 in Hawaii. They are:

  1. Mississippi
  2. Arkansas
  3. West Virginia
  4. Maine
  5. New Mexico
  6. Louisiana
  7. Kentucky
  8. Alabama
  9. Oklahoma
  10. Hawaii

The 10 best-ranked economies earned overall scores ranging from 57.48 in Oregon to 71.55 in Utah:

  1. Utah
  2. Washington
  3. California
  4. Massachusetts
  5. Colorado
  6. Delaware
  7. District of Columbia
  8. New York
  9. Texas
  10. Oregon

For the rest of the rankings, check out WalletHub’s chart.

What’s your take on this news? How would you rate your own state’s economy? Let us know what you think below or over on our Facebook page.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!


Read Next: Ask Stacy: How Can I Make Extra Money?

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,766 more deals!