Special Report

America’s Largest and Smallest State Economies

Source: ferrantraite / Getty Images

New Mexico
> Q2 real GDP per capita: $45,625.51
> Q2 real GDP: $95.67 billion — 14th lowest
> August unemployment rate: 7.20% — 6th highest
> 2019 poverty rate: 18.63% — 3rd highest

Source: Sean Pavone / Getty Images

Florida
> Q2 real GDP per capita: $46,288.97
> Q2 real GDP: $994.18 billion — 4th highest
> August unemployment rate: 5.00% — 21st highest
> 2019 poverty rate: 13.08% — 19th highest

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Michigan
> Q2 real GDP per capita: $47,041.16
> Q2 real GDP: $469.79 billion — 14th highest
> August unemployment rate: 4.70% — 24th lowest
> 2019 poverty rate: 14.00% — 12th highest

Source: SeanPavonePhoto / Getty Images

Vermont
> Q2 real GDP per capita: $47,821.84
> Q2 real GDP: $29.84 billion — the lowest
> August unemployment rate: 3.00% — 5th lowest
> 2019 poverty rate: 10.53% — 13th lowest

Source: f11photo / Getty Images

Missouri
> Q2 real GDP per capita: $48,442.95
> Q2 real GDP: $297.32 billion — 22nd highest
> August unemployment rate: 4.00% — 16th lowest
> 2019 poverty rate: 13.13% — 18th highest

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