Business Insider has come up with an index to rank the economies of the states and the result puts Arkansas at 49, better than only Mississippi and Alaska.
Business Insider combined six measures of labor-market and general economic health for all the states and the District of Columbia. They are the unemployment rate, job growth, per-capita GDP, GDP growth, average weekly wages, and wage growth. By putting all those on a common scale and combining them, we came up with an overall score for each state’s economy.
Here’s what was said about Arkansas:
Arkansas Q1 2018 per capita GDP of $42,282 and GDP growth rate of 0.0% were both the second-lowest among the 50 states and DC, as was the state’s August 2018 average weekly earnings of $734.