Wednesday, June 22, 2022

Oregon Ranked 9th-Best State Economy

WalletHub has listed Oregon ninth on its 2022 list of the best and worst state economies, falling slightly from eighth on the list in 2021. 

The company's rankings are determined by examining 28 key indicators of economic performance and strength, from GDP growth to startup activity to the share of jobs in high-tech industries. 

However, Oregon ranks behind Washington for best overall performance in the Pacific Northwest. While Oregon performed well in terms of potential innovation, coming in at seventh nationwide, the state fell to 15th in sub-rankings for economic health and 23rd for economic activity.  

Oregon's 2022 WalletHub Rankings

  • 1st nationwide for exports per capita
  • 11th for the percentage of jobs in high-tech industries
  • 11th for change in nonfarm payrolls
  • 16th for startup activity, and 
  • 25th for unemployment rate

Source: WalletHub

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