Business Insider has come up with an index to rank the economies of the states and the result puts Arkansas at 49, better than only Mississippi and Alaska.
The methodology:
Business Insider combined six measures of labor-market and general economic health for all the states and the District of Columbia. They are the unemployment rate, job growth, per-capita GDP, GDP growth, average weekly wages, and wage growth. By putting all those on a common scale and combining them, we came up with an overall score for each state’s economy.
Here’s what was said about Arkansas:
Arkansas Q1 2018 per capita GDP of $42,282 and GDP growth rate of 0.0% were both the second-lowest among the 50 states and DC, as was the state’s August 2018 average weekly earnings of $734.