BELLINGHAM, Wash. – It may not come as a surprise to most of you that our local economy is thriving, but you may be surprised just how strong it actually is.

Wallethub.com released a report on Monday, June 5th, on 2023’s Best and Worst State Economies and Washington ranks number one.

The Evergreen state ranks first in exports per capita, second in percent of jobs in tech, and in the top ten in both annual median income and change in nonfarm payroll.

The state also ranks high for economic activity and innovation potential.

Wallethub ranked all 50 states and the District of Columbia based on 28 key economic indicators.

Rounding out the top five are Utah, Massachusetts, Colorado and California.

California is expected to surpass Germany soon as the world’s fourth largest economy.