New study shows South Dakota economy 37th overall

STURGIS, S.D. – Contrary to what you hear on political ads, South Dakota does not have the best economy in the nation.

WalletHub released their latest report today on the best and worst state economies.

In order to determine America’s top economic performers, WalletHub compared the 50 states and the District of Columbia across 28 key indicators of economic performance and strength. The data set ranges from change in G.D.P. to startup activity to the share of jobs in high-tech industries.

South Dakota, according to Wallethub, ranks 37^th overall – down from its last report.

The state is 42^nd in terms of Economic Activity and 47^th for Innovation Potential. However, it does well for Economic Health, a key indicator, where it comes in 4^th.

The state’s with the best economies right now are Washington State at number one, Utah number two and California, number three. Massachusetts and New Hampshire round out the top five.

The five states with worst economies are West Virginia, Alaska, Louisiana, Hawaii and Oklahoma.

Wyoming is ranked 45^th, North Dakota is 38^th and Montana is 18^th.

For a complete look at the study, click here: https://wallethub.com/edu/states-with-the-best-economies/21697