Louisiana has the second to worst economy in the country, according to a recent study.
NOLA.com/the Times-Picayune reports an analysis released by WalletHub found the state’s economy ranks 50th among others plus the nation’s capital. The Washington, D.C.-based financial advising website released its findings June 6 after examining indicators including employment, building permits, government spending and growth in science and technology industries.
Only West Virginia ranked below Louisiana, with the bottom five also including Mississippi, Arkansas and Oklahoma. However, Louisiana tied with Texas and Washington for most exports per capita.
Washington had the top spot, followed by California and Utah.
WalletHub used data from the federal census, labor statistics and economic analysis bureaus, the United Health and National Science foundations, the U.S. Patent and Trademark Office and others.