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Abstract:New York has one of the largest but slowest-growing economies in the US.
The US economy has been the world's largest economy for more than a century.
However, some US states have been growing much faster than others over the past 50 years.
Some states have benefited hugely from the tech boom, while others have suffered from declines in manufacturing jobs and other factors.
The United States may be the largest economy in the world, but some states have contributed more to its growth than others.
It's no secret that California is the nation's biggest economy, and it's no surprise that New York, one of the world's financial hubs, is also in the top three.
Here are the top 20 fastest-growing states in the US since 1963 by chained GDP, according to Saving Spot data.
We've also ranked the states by the size of their economies, in 1963 and today, to give a sense of their relative growth, and shown what are the largest sectors in each state according to MSN.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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