Utah ranks 2nd for best state economy, according to nationwide study

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FILE- In this June 15, 2018, file photo, twenty dollar bills are counted in North Andover, Mass. Default on your federal student loans and the government can take up to 15 percent of each paycheck to satisfy your debt. The Education Department can also withhold federal benefits like tax returns and Social Security payments. Garnishment […]

6/3/2019 – Utah ranks second in the nation for best state economy, according to a new study released by the personal finance website, WalletHub. 

The study compared 50 states and the District of Columbia across 28 key indicators of economic performance and strength. 

The states that ranked in the top 5 for best state economy include: 

  1. Washington
  2. Utah
  3. Massachusetts 
  4. California 
  5. Colorado

Other categories that Utah placed include the following: 

  • Economic Health: 1
  • Innovation Potential: 10
  • Most Startup Activity: 4 
  • Highest Median Household Income: 2

To find the study, go to wallethub.com 

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