Fastest and Slowest State Economies, where is your state?

Svnla

Lifer
Nov 10, 2003
17,999
1,396
126
Last edited:

nageov3t

Lifer
Feb 18, 2004
42,816
83
91
if Wyoming's GDP doubles from $1 to $2, is that really so much better than another state going from $50 to $60?

Growth often looks better when it is from a small base. Among the states with the most rapidly growing GDPs are four of the eight least populated states. Their economies are small even when compared to weakened states like Michigan. A very modest growth in absolute GDP can translate into high double-digit growth. Absolute growth has to be remarkable to make the GDP growth rate of a large state top the national average. The only large state economy that was marked by that level of growth was Texas, the second largest state by GDP.
 

Train

Lifer
Jun 22, 2000
13,863
68
91
www.bing.com
I knew Michigan was #1 before I clicked the thread.

libtard capital of the USA.

Though seems a few people have woken up... new GOP Gov eliminating the ridiculous small business tax really has job prospects looking up for once. Could be too little too late though.
 

Zen0

Senior member
Jan 30, 2011
980
0
0
People are stupid. Take the OP for example. Fastest growing means little. Pakistan could grow 100x as fast as America and it means jack shit.
 

AyashiKaibutsu

Diamond Member
Jan 24, 2004
9,306
3
81
Most of the states at the top are there either from exploiting natural resources or because they had such shitty econmies before that there was tons of room for growth.
 

Gibson486

Lifer
Aug 9, 2000
18,378
1
0
I kind of take this with a grain of salt, but i did not even read the artcle, so maybe it was already discussed.

I mean...you could grow a lot, but you could have had nothing before....

Meanwhile, you could have grown a little, but the state has managed to keep jobs instead of losing.
 

TwiceOver

Lifer
Dec 20, 2002
13,544
44
91
4th Fastest. South Dakota. I assume it is because of farming. Recession or not, people gotta eat.
 

Svnla

Lifer
Nov 10, 2003
17,999
1,396
126
People are stupid. Take the OP for example. Fastest growing means little. Pakistan could grow 100x as fast as America and it means jack shit.

Don't kill the messenger. If you don't like the article, whine to the writer(s), I did not write it. In the mean while, FUCK YOU, asshole!!!
 
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