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The 50 state economies (and D.C.), from worst to first

Business Insider logo Business Insider 8/4/2015 Andy Kiersz

A cotton field in the Mississippi Delta. The economies of all 50 US states and DC ranked from worst to best Click through the slideshow above to see how the state economies compare.

The U.S. has an enormous economy, and that economy is the sum of the economies of 50 states and the District of Columbia.

We noted previously that those state economies are big enough and complex enough to compare with those of entire countries, and so we are once again taking a closer look at what makes those economies work.

We ranked the economies of these states, and D.C.'s, on seven measures: unemployment rates, gross domestic product per capita, average weekly wages, and recent growth rates for nonfarm payroll jobs, GDP, house prices, and wages.

While we didn't factor them into the ranking, we also looked at the Fortune 1,000 companies that have their headquarters in each state and which industries were disproportionately important in each state. This helped us get a little more insight into what makes each state economy tick.

For more details on methodology and sources, click here.

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