Missouri ranked among nation’s least healthy economies

Missouri ranks 47th in the nation for the health of its state economy, according to a new report published by Business Insider. Kansas ranked 43rd in the same study.

The study uses seven measures to determine economic health: unemployment rate, gross domestic product per capita, average weekly wage, and recent growth rates for GDP, house prices, wages and non-farming payroll jobs. Missouri finished below average in each of the categories, but it was dragged down most by the employment-related measurements, as its 5.8 percent unemployment rate in June was higher than the national average of 5.3 percent.

At the furthest ends of the spectrum, the Business Insider study found North Dakota to have the strongest state economy in the nation, while Mississippi was listed as having the worst.

Read more from the Kansas City Star

 


Tags:, , , , , , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students