A personal-finance website, WalletHub, released its report on 2018’s Best and Worst Economies. It listed 10 states as having the best economies and 10 states with the worst economies.
Missouri was not on either list.
The 10 best states were Washington, Utah, Massachusetts, California, Colorado, District of Columbia, Idaho, Oregon, Georgia and Texas.
The 10 worst were New Mexico, Hawaii, Oklahoma, South Dakota, Maine, Arkansas, West Virginia, Alaska, Mississippi and Louisiana.
The top economic performers were determined by 28 key indicators of economic performance and strength. The data set ranges from GDP growth to startup activity to share of jobs in high-tech industries.
The survey revealed Hawaii has the lowest jobless rate at 2.1 percent, which is 3.5 times lower than in Alaska, the state with the highest at 7.3 percent.
Louisiana has the highest value of exports per capita, $12,161, which is 18.3 times higher than in Hawaii, the state with the lowest at $664.
New Hampshire has the lowest share of the population living in poverty, 8.5 percent, which is 2.6 times lower than in Mississippi, the state with the highest at 22.3 percent.
South Dakota has the lowest foreclosure rate, 0.0090 percent, which is 18.4 times lower than in New Jersey, the state with the highest at 0.1653 percent.
Massachusetts has the highest share of jobs in high-tech industries, 7.91 percent, which is 3.5 times higher than in Wyoming, the state with the lowest at 2.25 percent.
The report also noted that California recently became the fifth largest economy in the world.
Where does Missouri rank? Among all the states, Missouri ranked 29th. It was 35th in economic activity, 24th in economic health and 24th in innovation potential.
In the category of most startup activity, Missouri ranked fifth, tied with California.
Missouri has considerable room for improvement, the survey indicates. The report is thought-provoking.