Economics Assessment 7
October 11, 2020
One important aspect of the recent global downturn has been the sharp increase in household saving rates in many advanced economies.
October 11, 2020
Show all

NQ4Fall 28% 11:17 PM How much does each state contribute to the US economy?

NQ4Fall 28% 11:17 PMHow much does eachstate contribute to theUS economy?07 Sep 2015Matthew SpeiserEditorial intern, Business InsiderThe US is the richest nation in the world, with anannual GDP of $17.3 trillion in 2014. However,some states are greater contributors to theeconomy than others. To illustrate differencesamong state economies, the folks at HowMuch.netcreated a chart that shows the relative economicvalue of each US state.The states are also color-coded based on whichregion of the country they’re in.IL 4.3%0.5%OH 3.4%1 85OKMI 2.6%WI 1.7%IN 1.8%New York 8.1%Texas 9.5%NH 0 4% FI O7%MDCT 1.5% 0.3PA 3.8%2.0%MA 2.7%IA 1.0%DE 0.4%NJ 3.2%MN 1.8%TN1.7% WARCalifornia 13.3%GAMO 1.62.8%2%LA 1.5%Florida 4.9%2.8%WA 2.5%NV 0.8% HIVA 2.7%AK 0.3%US Economy by StatehowMuch .netThe three regions that contribute the most to theeconomy are the Far West (18.6%), Southeast(21.3%), and Mideast (18.2%). California (13.3%),Texas (9.5%), and New York (8.1%) have the largesteconomies in the country.Maine, Rhode Island, North Dakota, South Dakota,Montana, Wyoming, and Alaska all represent about0.3% of the US economy each, and, at 0.2%,Vermont has the smallest economy of all 50 states.This article is published in collaboration withBusiness Insider. Publication does not implyendorsement of views by the World EconomicForum.To keep up with the Agenda subscribe to ourweekly newsletter.Author: Matthew Speiser is an editorial intern forBusiness InsiderImage: The Washington Monument is seen with anAmerican flag flying in the foreground inWashington, February 22, 2002. REUTERS/MollyRileyShareWritten byMatthew Speiser, Editorial (7), Business Insider


Connect with a professional writer in 5 simple steps

Please provide as many details about your writing struggle as possible

Academic level of your paper

Type of Paper

When is it due?

How many pages is this assigment?

“Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original.