Report: Louisiana Has 3rd Worst Economy in US

NEW ORLEANS – Louisiana has the third word state economy in the country, according a report from personal finance website WalletHub.

The company compared the 50 states and the District of Columbia across 29 key indicators of economic performance and strength. The data set ranges from change in GDP to startup activity to the share of jobs in high-tech industries.

Economic Performance of Louisiana (1=Best; 25=Avg.):

• 46^th – Change in GDP
• 35^th – Startup Activity
• 47^th – % of Jobs in High-Tech Industries
• 48^th – Annual Median Household Income
• 41^st – Change in Nonfarm Payrolls
• 41^st – Government Surplus/Deficit per Capita
• 43^rd – Unemployment Rate
• 26^th – WalletHub’s States that are Recovering the Quickest from COVID-19 Rank

For the full report, click here.