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

Check out the two completely different industries fueling growth in the nation's fastest-growing state economies.

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.

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