Special Report
Fastest Shrinking Local Economy in Every State
February 27, 2020 12:02 pm
Last Updated: March 19, 2020 4:25 pm
Source: Wmwhite88 / Wikimedia Commons
1. Alabama: Lawrence County
> GDP change 2013-2018: -29.5% (county) +5.5% (state)
> 2018 county GDP: $563.2 million (0.3% of state GDP)
> Fastest shrinking industry: Manufacturing (-75.2% GDP change)
> Unemployment change 2013-2018: -4.1 ppt. (8.3% to 4.2%)
> Median household income: $44,515 (county) $48,486 (state)
> Largest place in county: Moulton
Source: Joseph from Cabin On The Road, USA / Wikimedia Commons
2. Alaska: Yakutat City and Borough
> GDP change 2013-2018: -33.9% (county) -3.0% (state)
> 2018 county GDP: $28.4 million (0.1% of state GDP)
> Fastest shrinking industry: Educational services
> Unemployment change 2013-2018: -1.3 ppt. (9.5% to 8.2%)
> Median household income: $65,833 (county) $76,715 (state)
> Largest place in county: Yakutat
24/7 Wall St.
Source: Terryfic3D / Getty Images
3. Arizona: Gila County
> GDP change 2013-2018: -7.9% (county) +15.4% (state)
> 2018 county GDP: $2.0 billion (0.6% of state GDP)
> Fastest shrinking industry: Finance and insurance
> Unemployment change 2013-2018: -3.7 ppt. (9.6% to 5.9%)
> Median household income: $42,092 (county) $56,213 (state)
> Largest place in county: Payson
Source: Courtesy of Mike Norton via Flickr
4. Arkansas: Lee County
> GDP change 2013-2018: -31.5% (county) +4.9% (state)
> 2018 county GDP: $178.1 million (0.2% of state GDP)
> Fastest shrinking industry: Agriculture, forestry, fishing and hunting
> Unemployment change 2013-2018: -4.5 ppt. (9.3% to 4.8%)
> Median household income: $28,367 (county) $45,726 (state)
> Largest place in county: Marianna
Source: CampPhoto / Getty Images
5. California: Colusa County
> GDP change 2013-2018: +5.3% (county) +22.5% (state)
> 2018 county GDP: $1.7 billion (0.1% of state GDP)
> Fastest shrinking industry: Administrative and support and waste management and remediation services
> Unemployment change 2013-2018: -6.0 ppt. (18.9% to 12.9%)
> Median household income: $56,704 (county) $71,228 (state)
> Largest place in county: Colusa
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