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A fragile state has several attributes. Common indicators include a state whose central government is so weak or ineffective that it has little practical control over much of its territory; non-provision of public services; widespread corruption and criminality; refugees and involuntary movement of populations; and sharp economic decline. [1]
In 1879, the United States returned to the gold standard with the Specie Payment Resumption Act. This is the longest period of economic contraction recognized by the NBER, though the Long Depression is sometimes held to be the entire period from October 1873 to December 1896. [23] [24] Depression of 1882–1885: March 1882 – May 1885 3 years ...
In the framework of American federalism, states generally have wide latitude to enact policies within their borders, including state taxation and labor laws.Among the factors that may increase inequality in a state are regressive state tax policies [2] (taxation has played a growing role in diminishing inequality since the 1980s), [3] tax incentives for large companies, [4] corruption, [5 ...
Despite having the third-best state economy, California ranked 31st in economic health and tied for the sixth-highest unemployment rate (4.6%) in April. Where California excelled, however, was in ...
WalletHub listed the 10 worst US states to live in based on five key metrics.. It assessed each state's affordability, economy, education and health, quality of life, and safety. Louisiana was ...
The report graded states on three different metrics and found Illinois to rank dead last in one of the three metrics. Illinois has worst economic health of any state in the US, new report finds ...
The data source for the list is the Bureau of Economic Analysis (BEA) in 2024. The BEA defined GDP by state as "the sum of value added from all industries in the state." [1] Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022.
The Appalachian state was also one of only three states where housing prices dropped between Q1 2014 and Q1 2015, and had the biggest drop in the state housing price index, falling 3.90%.