Ohio’s Struggling Economy: Despite Forbes Ranking, State Comes in at Number 42 for WalletHub’s Best and Worst States List

A recent study conducted by WalletHub has named Ohio as one of the states with the worst economies in the United States. The study analyzed economic indicators for all 50 states and Washington D.C., focusing on three major dimensions – economic activity, economic health, and innovation potential – across 28 different metrics, including median household income, business growth, and unemployment rate.

Ohio’s ranking came in at number 42, making it the state with the 10th worst economy according to WalletHub. The state performed slightly better in its rankings for economic health (39) and innovation potential (33). Joining Ohio in the top 10 states with the worst economies were Mississippi, Hawaii, West Virginia, Arkansas, Louisiana, Kentucky, Rhode Island, Iowa, and Maine.

Although Forbes recently named Ohio as one of the best states in the country to start a business and the state has seen significant investments from companies like Intel, Amgen, and Honda