We know Washington is a great state, but it’s always nice to hear others agree with us! WalletHub is the most recent, declaring the Evergreen State the strongest economy in the US in 2022. Here are Five Fast Facts about why Washington’s economy rocks:
- 🔍The Study - The study included 28 factors across three categories: economic activity, economic health, and innovation potential. Washington scored 3rd, 7th, and 2nd, in the three categories.
- 🔝Topping the Charts - Washington had the highest overall score across the nation (followed by Utah and California). Yeah, baby!
- 💽High Tech Helps - Washington scored high in high-tech, with 8% of the state’s jobs in tech and the most inventor patents per 1,000 workers. That’s a lot of whiz-bang!
- 🏫Education - Washington was second in educational attainment of its recent immigrants. Smart people choose the best places to live, you know?
- 💵What about Paychecks? Washington also scored well for increasing nonfarm payrolls and overall labor force, as well as high median annual household income and low foreclosure rates. All good things!
🔥Bottom line: All of these things are terrific, and add up to strong Paychecks for Washingtonians. In short: keep doing what you’re doing, and let’s make the second half of the year even better than the first half!
How does this make you feel about being a Washingtonian?
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