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State Economies

All articles tagged with #state economies

North Carolina Tops CNBC’s 2026 State-Economy Rankings, with Texas and California Close Behind
business1 month ago

North Carolina Tops CNBC’s 2026 State-Economy Rankings, with Texas and California Close Behind

CNBC’s America’s Top States for Business 2026 ranks the 50 states by economy, weighting factors like growth, job creation, fiscal health, trade, FDI, and small-business survival. North Carolina sits at #1 with a 317 economy score, followed by Texas (302), California (295), New York (289), Washington (287), South Carolina (286), Delaware (284), Minnesota (278), Ohio (275) and Wisconsin (258); the rankings spotlight diverse strengths—from large GDPs and foreign investment to heavy corporate footprints—while noting ongoing risks from inflation, tariffs, and potential federal budget cuts.

via CNBC|
#business#economy#foreign-direct-investment
Major U.S. States Face Recession Risks, Moody's Warns
economy10 months ago

Major U.S. States Face Recession Risks, Moody's Warns

The economic struggles of California and New York, two of the largest US states, could potentially lead to a nationwide recession if they worsen, as their economies are crucial to the overall US economic health. California faces a slowdown and job losses, while New York's economy is currently strong but vulnerable due to reliance on finance and real estate sectors, and potential outmigration. Experts warn that the economic trajectories of these states are key indicators for the broader US economy.

via Morningstar|
#california#economy#new-york
Washington and Idaho Among Top 10 Strongest State Economies in the U.S.
economy1 year ago

Washington and Idaho Among Top 10 Strongest State Economies in the U.S.

A CNBC analysis ranks Alaska, Mississippi, Kansas, New Mexico, Louisiana, Rhode Island, Illinois, North Dakota, West Virginia, and Oregon as the ten most vulnerable U.S. states to economic downturns, primarily due to heavy reliance on federal funds, international trade exposure, and specific industry dependencies, with Alaska and Mississippi at the highest risk due to their dependence on oil and federal spending respectively.

via CNBC|
#economic-vulnerability#economy#federal-dependence
US Debt Ceiling Standoff Threatens States' Economies and Healthcare Systems
economy3 years ago

US Debt Ceiling Standoff Threatens States' Economies and Healthcare Systems

Moody's Analytics chief economist Mark Zandi said that most state economies will be hit hard if there is a debt limit breach, although the economic pain varies. Washington, D.C., where 1 in 4 jobs are tied to the federal government, would be hardest hit, becoming the "poster child" for a financial disaster. States with large federal facilities, such as national laboratories or military bases, would be next in line. Even a short debt ceiling breach, in which the government defaults for less than a week before lawmakers raise the government's borrowing limit, would likely push the economy into a recession, according to Moody's.

via CBS News|
#debt-ceiling#economic-fallout#economy