A survey by the financial website Wallethub says Wyoming only has the 40th best economy among the 50 states and the District of Columbia.

You can see the survey here. The survey ranked states in three different categories: economic activity, economic health, and innovation potential.

The survey ranked Wyoming 39th for economic activity, 22nd for economic health, and 38th for innovation potential. Wallethub explained it's methodology  in evaluating those categories:

We evaluated those dimensions using 28 relevant metrics, which are listed below with their corresponding weights. Each metric was graded on a 100-point scale, with a score of 100 representing the highest economic performance.

We then determined each state and the District’s weighted average across all metrics to calculate its overall score and used the resulting scores to rank-order our sample.

Here are the rankings of state economies according to the survey:

State Economy Rankings

Overall Rank StateTotal Score Economic Activity Economic Health Innovation Potential 
1Washington68.132142
2Utah65.041110
3Massachusetts64.8913361
4Colorado62.89476
5California61.048423
6Idaho58.9214214
7North Carolina58.1716411
8District of Columbia56.6031913
9Texas55.9410623
10Arizona55.40111120
11Georgia54.3071225
12Oregon54.0517357
13Florida53.6015332
14Delaware52.90122518
15Tennessee51.836937
16Virginia49.7620824
17New Jersey49.44183812
18New York49.3594521
19Maryland47.6332394
20Michigan47.5626378
21Nevada47.4952344
22Minnesota47.35241716
23New Hampshire46.6444165
24Connecticut46.2336329
25Montana44.45231034
26Wisconsin43.73332617
27Indiana43.17281828
28Pennsylvania42.53294019
29Kansas42.32252431
30Vermont42.25343022
31Alabama42.03222035
32Illinois41.94194926
33South Carolina41.21212140
34Missouri40.18372729
35Nebraska40.17351336
36New Mexico38.07404815
37Ohio37.59304633
38Rhode Island36.87423330
39Iowa36.76452927
40Wyoming36.74392238
41Arkansas35.49312847
42Maine35.36383143
43South Dakota35.2943550
44North Dakota35.25471542
45Kentucky34.17274346
46Oklahoma31.89493439
47Hawaii28.76464148
48Mississippi28.67415045
49Alaska28.48514441
50Louisiana25.04505149
51West Virginia24.12484751

Note: With the exception of “Total Score,” all of the columns in the table above depict the relative rank of that state, where a rank of 1 represents the best conditions for that metric category.

Source: WalletHub

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