Delaware’s economic performance winds up in the middle of the pack

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Source: WalletHub

(Click on map to see state ranking)

Delaware ended up in the middle of the pack in a ranking of the strength of each of the 50 states and the District of Columbia.

The ranking came from the WalletHub financial website

Delaware’s No. 25 ranking was negatively affected by havaing the nation’s highest rate of home foreclosures.

The First State ranked 30thin economic activity, 25thin economic health and 16thin innovation.

Ranking No. 1 is Washington state. No 50 was Louisiana.

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

The  data set ranges from GDP (Gross Domestic Product)  growth to startup activity to share of jobs in high-tech industries.

Delaware’s economy staged a slow recovery from the recession of 2008-2009. The recovery has picked up steam during the past year or two, with the state’s unemployment rate moving near the three percent mark.

Click here to see the full report.

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