Quick Answer: Which States Are The Most Fiscally Responsible?

What state has the best economy 2019?

ColoradoThe growth of the nation’s gross domestic product, 3.2 percent on an annualized basis in the first quarter of 2019, was above that of the previous period.

Colorado is the top state for economy.

It’s followed by Utah, and West Coast states Washington, California and Oregon to round out the top five..

What is the best state to live in financially?

Best States to Make a Living 2020Washington. In the ten years MoneyRates.com has been conducting this study, Washington has topped the list five times. … North Dakota. … Minnesota. … Michigan. … Texas. … Illinois. … Kansas. … Tennessee.More items…•

What states have the worst debt?

Top 5 States With the Highest Debt-to-GDP RatioNew York: 23.53%South Carolina: 19.19%Rhode Island: 19.06%Alaska: 18.69%Nevada: 18.59%

What states are financially in trouble?

RankStateDebt and Unfunded Liabilities as % of GDP (1)1Idaho2.8%2Wyoming3.03South Dakota1.54Utah2.345 more rows•Aug 31, 2020

What is the most broke state in the US?

New Jersey has the highest amount of debt in the country. The state’s total liabilities total $199.02 billion, surpassing its assets by $132.6 billion. New Jersey’s debt ratio is 279.9%. The largest source of debt is the state’s unfunded pension and benefits system for public employees.