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Old 04-21-2007, 11:34 AM
 
Location: Lincoln, Nebraska (moving to Ohio)
673 posts, read 3,752,199 times
Reputation: 474

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Which states have the best and worst economies?

Here is what the top 5 that from what I have seen have among the best economies at the current time in my opinion

-Wyoming: Its the wealthiest state in the west, surpassed Colorado with the high price of natural gas, coal and oil.

-Alabama: I saw that the unemployment rate was 3.4% and Birmingham and Huntsville are rather affluent cities with lots of industry.

-Montana: Unemployment rate is 2% although its a low-wage state. Probubly good for those in the construction field!

-Idaho: This state seems to be a very fast growing state economically. Lots of people moving to Boise.

-Oklahoma: It seems alot of the growth is spilling over from Texas

States with bad economies:

-Michigan
-Ohio
-Indiana
-Mississippi
-South Carolina
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Old 04-21-2007, 04:49 PM
 
Location: Wi for the summer--Vegas in the winter
653 posts, read 3,132,534 times
Reputation: 259
Wisconsin economy not the greatest either.
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Old 04-21-2007, 07:02 PM
 
Location: Working on relocating
800 posts, read 3,956,432 times
Reputation: 491
Isn't Michigan one of the worst right now? One of the reasons I'm leavin'
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Old 04-21-2007, 08:49 PM
 
Location: Georgia
1,258 posts, read 2,077,802 times
Reputation: 668
Best:
-Texas
-Georgia
-Massachusetts

Worst:
-Michigan
-Michigan
-Michigan
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Old 04-22-2007, 01:05 PM
 
485 posts, read 1,345,583 times
Reputation: 150
Alabama definitely has one of the best economies with a very low unemployment rate as stated by the original poster. Texas also has a very strong economy.

The latest issue of Atlanta magazine has an article talking about all the major employers (BellSouth, GeorgiaPacific, etc) that are moving their headquarters out of GA because of mergers and buyouts, as well as the anticipated closure of Fort Mac and Gillem in Atlanta and Ford and GM plant closures. I'm sure Ga will keep rolling along but this has to be a bump in the road.
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Old 04-22-2007, 03:20 PM
 
2,356 posts, read 2,639,673 times
Reputation: 864
South Carolina does have a bad economy. I don't know why; it's wedged in between Georgia and North Carolina, both of which have strong economies. All I can figure is that it's due to our large indigent population. Some people blame it on the education system, but IMO the education system is a product of the people of a state. I guess it's 'the chicken or the egg'. Back before the Civil War, Mississippi and South Carolina had the highest number of slaves, relative to the overall population. Today they have the two worst education systems, and the worst economies, highest obesity & diabetic rates, etc., etc.
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Old 04-22-2007, 03:35 PM
 
Location: Gulfport, MS
469 posts, read 2,556,075 times
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Here in Gulfport MS, half the newcomers are from Detroit and Nebraska. When people are fleeing from Michigan to the promised land of financial security that is Mississippi, something has gone terribly wrong.
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Old 04-22-2007, 03:36 PM
 
Location: Midwest
1,903 posts, read 7,281,351 times
Reputation: 464
My home state of Michigan probably takes the top 5 spots ... one for each of its major cities and so on.

Ohio is depressed, Indiana is not great, and Wisconsin sounds bad.

Illinois is actually doing very well, although the state budget is in shambles and they want to tax everything (including the air, probably starting next year or the year after that)!
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Old 11-20-2008, 02:42 PM
 
Location: Tinley Park, IL
4 posts, read 42,868 times
Reputation: 11
Poor Michigan-horrible economy but beautiful state. Illinois -chicagoland still is growing and developing out to the west north and south-chicago gets bigger and bigger everyday
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Old 11-20-2008, 02:50 PM
 
Location: Boston
1,125 posts, read 4,102,595 times
Reputation: 492
highest unemployment rate is Rhode Island (yes worse than Michigan) all do to corruption and lack of jobs here. although that could all change if the big 3 car manufacturers go under.
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