The Hottest U.S. Economies and What’s Making Them Tick

The Hottest U.S. Economies and What’s Making Them Tick
Photo (cc) by Tim Evanson

The U.S. economy expanded by 2.2 percent overall last year, but that number — while painting a positive picture overall — doesn’t tell the whole story.

A state-by-state breakdown of real gross domestic product (GDP adjusted for inflation) reveals a patchwork of economies that are hot — and not — depending on an array of factors. Recently released findings from the U.S. Bureau of Economic Analysis show that 48 states had an increase in real GDP — with one growing more than 6 percent in 2014. At the other end of the spectrum were two states that saw their economies shrink last year.

Read on to find out which states topped the list, and how your state measured up in terms of growth.

Popular Articles

Never Use a Debit Card to Buy These 9 Things
Never Use a Debit Card to Buy These 9 Things

Use your debit card for one of these expenses, and you could risk your bank account balance, your credit score or even identity fraud.

Why Your Cable TV Package Is More Expensive Than Ever
Why Your Cable TV Package Is More Expensive Than Ever

Due to this trend, Americans who still maintain pay-TV service are paying through the nose.

16 of the Most Outrageously Overpriced Products
16 of the Most Outrageously Overpriced Products

Retailers mark up products by hundreds of times their cost — but you don’t have to pay the premium.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments