POST Online Media Lite Edition



 

Virginia saw best economic growth in U.S.

Staff Writer |
West Virginia saw the most economic growth of any U.S. state in 2017, found a new study by GOBankingRates.

Article continues below






Nevada ranks No. 2 in the country, with the second-highest GDP growth rate and the third-biggest drop in unemployment. The state falls short when it comes to personal income growth, with only a 2.39 percent increase.

To identify areas with the strongest economies, GOBankingRates analyzed GDP growth, personal income growth and percent decrease in overall unemployment rate.

States were given a score based on their performance in each category. The scores were added up to determine the states with the strongest economies moving into 2018.

Top Five States with the Strongest Economies in 2017

1. West Virginia
2. Nevada
3. California
4. Pennsylvania
5. Indiana.


What to read next

January 2017 general fund revenue collections up 7.4% in Virginia
Virginia unemployment rate drops to 3.7%
Iran's economic growth hits record high