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Yahoo
an hour ago
- Yahoo
Jim Cramer offers up four key stocks you need to buy
Jim Cramer offers up four key stocks you need to buy originally appeared on TheStreet. The price of a company's stock, at least in short-term, often has little connection with the actual performance of the company. Many big names, in fact, will see their stock drop after they report positive earnings. Even when the numbers are very good, this can happen because the market had already assumed the numbers would be positive, so the gains from that had already been priced it seems like even in a sea of good news, a tiny island of bad news can send a stock downward. In many ways, stocks are like sports. The better team usually wins, but there are upsets, and a partial score does not always reflect the final results 💰Don't miss the move: Subscribe to TheStreet's free daily newsletter💰 Apple has been famous for this. It can report stellar numbers across the board, but if Tim Cook makes a small comment on potential supply chain issues delaying the new iPad, the stock may fall. Jim Cramer, who under all the bluster, often serves as a voice of reason for the stock market, has named four stocks that are falling, but are still good buys. These are companies facing short-term headwinds that have clearer sailing long-term. Cramer told his CNBC audience on July 11 that it's important to understand why a stock has fallen. Sometimes it's due to inherent weakness in the company. In other cases, it's for a more trivial reason that does not dim its long-term prospects. He noted that when a stock falls for reasons that don't change the buy thesis for the company, that's a time for investors to strike. It's one of the rare times you can buy quality at a bargain. 'The great ones never come cheap. But…they can be cheaper from where they were. Sometimes all you can hope for is a chance to buy a stock of a terrific company at a discount when the market is at an all-time high,' he shared on his show. More experts: Fed official sends strong message about interest-rate cuts Billionaire fund manager sends surprising message on trade deficit Hedge-fund manager sees U.S. becoming Greece Perhaps most famously, Chipotle saw its share price drop for over a year during and after its E. coli scandal. It did not matter that the company handled the food safety issue well or that it remained an inherently strong business. The market punished it for a relatively minor mistake, which created an opportunity for disciplined investors. Cramer named four stocks that are top buys and incredibly strong long-term brands that are struggling at the moment. This has caused their prices to fall, creating a major buying opportunity. Home Depot () : The giant home improvement company has been hurt by potential weakness in the housing market. In reality, when people move less, they spend more on home renovation. It's a cycle where Home Depot cashes in one way or the other. Costco () : Costco faces the same tariff concerns as every retailer, and its recent sales numbers were lower than some hoped for. But, membership sales and retention, really the only numbers that matter for the chain, remain at near-highs, and that's what actually drives the business. McDonald's () : The fast-food giant has struggled with perceptions over value and consumers just staying home. It, however, has a strong pipeline, and its recent downturn was just a mild dip of its already stellar numbers. Starbucks () : New CEO Brian Niccol has stumbled a bit in his relationship with the chain's employees. He tightened the chain's dress code and offered bonuses to management while workers are not satisfied with their wages. Still, his plan to bring people back into stores, focus more on coffee, and simplify both the menu and its production, are the right plays in the long-term. Disciplined, long-term investors focus on the underlying pillars a company is built on, rather than short-term noise. In the end, the cream usually rises to the top, and being able to buy these brands at a discount should be a massive long-term asset to your Cramer offers up four key stocks you need to buy first appeared on TheStreet on Jul 12, 2025 This story was originally reported by TheStreet on Jul 12, 2025, where it first appeared.
CNBC
4 hours ago
- CNBC
These are America's 10 strongest state economies best prepared for a recession
With the U.S. economy solid but still facing elevated risk of recession — or, as President Trump described it in May, in a "transition period" — states are pitching themselves as the most stable place for companies to locate no matter what happens to the economy. "Multiple international headquarters, hundreds of billions of committed investments across a variety of industries and the economy to handle it all," the Indiana Economic Development Corporation promises. "Georgia job creation remains strong," that state's Department of Economic Development assures. "The State of Georgia is celebrating another year of sustained momentum for business recruitment and expansions." "Wisconsin is one of the most fiscally responsible states in the nation," the state's Economic Development Corporation says. A CNBC analysis of all 50 state economic development websites finds that the economy — and factors relating to it such as job growth, foreign direct investment and the housing market — are the most frequently mentioned selling point this year. Economy popped up 222 times in our tally, well ahead of the next most mentioned factor, infrastructure, at 203. Under the methodology for CNBC's annual business competitiveness study, America's Top States for Business, that makes Economy the heaviest weighted category in 2025. But measuring state economies is more challenging than usual this year. Sweeping federal budget cuts are threatening to throw sand in the gears of an economic engine in many states. And tariffs — so far, a wildly moving target — are already crimping the economies of states that depend on international commerce. "If you don't know what your product is going to cost, if you don't know if your export market is going to be there in six months, if you don't understand the terms that you're trading on, it makes it really hard to say, 'Okay, we're gonna take a risk and invest in this new product line'," said Dan Anthony, president of Trade Partnership Worldwide, a Washington, D.C.-based economic data firm. To score each state's economy in this year's Top States for Business study, we considered traditional measures such as state gross domestic product growth, job growth, state fiscal health, the number of major corporations headquartered in each state, and the strength of the local housing market. But we also considered how dependent each state is on a shrinking federal government for spending and hiring. And we considered each state's exposure to a trade war, using data compiled for us by Trade Partnership Worldwide. "The big things that we start out looking at is just really exposure to international trade, and particularly the goods trades," Anthony said. In addition, the data looks specifically at states' exposure to China, which is at the heart of the trade war. Some states are particularly vulnerable should the economy take a turn for the worse. But these states have what it takes to navigate a recession. While The Palmetto State is among the states most vulnerable to increased tariffs — international goods trade made up one-third of its GDP last year — South Carolina enters this unsettled period with one of the fastest growing economies in the nation, and some of the best job growth. Notably, that job growth is not occurring in the manufacturing sector, including the auto industry, where tariff increases could hit hard. Instead, the state's biggest job growth is in construction, where employment rose more than 7% year-over-year in April, according to the U.S. Bureau of Labor Statistics. Federal revenue made up about 33% of the state budget last year, roughly in line with the national average. 2025 Economy Score: 274 out of 445 Points (Top States Grade: B-) GDP (2024): $273.3 billion (+4.2%) Job Growth (2024): +2.4% Debt Rating and Outlook (Moody's): AAA Stable Share of state spending from federal funds: 33% International Goods Trade (2024): $91.4 billion (33.4% of GDP) Major Corporate Headquarters: None The Peach State's diverse economy will come in handy should the national economy worsen. Seventeen companies in the Standard & Poor's 500 are headquartered in Georgia, and while the home of the Port of Savannah is heavily dependent on international trade, there is plenty of other business to take up the slack in a slowdown. Georgia entered 2025 with solid economic growth, though job growth dropped off considerably. Hiring in most sectors, except for health care, has leveled off, or, in some cases, declined. 2025 Economy Score: 277 out of 445 Points (Top States Grade: B) GDP (2024): $701 billion (+3.4%) Job Growth (2024): +0.9% Debt Rating and Outlook (Moody's): AAA Stable Share of state spending from federal funds: 29% International Goods Trade (2024): $197.6 billion (28.2% of GDP) Major Corporate Headquarters: Home Depot, Delta Airlines, Coca-Cola The Beehive State's economy was buzzing last year — leading the nation in GDP growth, and near the top for job growth. Utah's tech sector is a major driver, but some of the biggest job gains occurred in construction as the state tries to get ahead of a severe housing shortage. For years, landlocked Utah has been pursuing the concept of an "inland port" to better link its dynamic economy to the rest of the world. The idea has morphed from a single, giant facility to 13 smaller ones around the state, but now, Utah's embrace of international trade could backfire on the state's economy. Utah's international goods trade makes up nearly 17% of state GDP. And Trade Partnership Worldwide estimates that retaliatory tariffs from other countries could increase Utah business costs by up to 30%. 2025 Economy Score: 279 out of 445 Points (Top States Grade: B) GDP (2024): $235.7 billion (+4.5%) Job Growth (2024): 1.7% Debt Rating and Outlook (Moody's): AAA Stable Share of state spending from federal funds: 29% International Goods Trade (2024): $40 billion (16.9% of GDP) Major Corporate Headquarters: Extra Space Storage The Gem State's economy continues to dazzle, with solid growth last year. The state's housing market, which has been on a bit of a roller coaster ride in recent years, has stabilized nicely for now, and new home construction is taking off. Idaho is also relatively insulated from tariffs, with limited international trade and tiny exposure to China. But Idaho depends on the federal government for a comparatively large share of state spending. In February, Republican Gov. Brad Little warned of a potential "economic shock" from the Trump budget cuts, but said Idaho had the wherewithal to withstand it. 2025 Economy Score: 288 out of 445 Points (Top States Grade: B) GDP (2024): $99.6 billion (+3.9%) Job Growth (2024): 1.5% Debt Rating and Outlook (Moody's): AAA Stable Share of state spending from federal funds: 40% International Goods Trade (2024): $13.5 billion (13.6% of GDP) Major Corporate Headquarters: Micron Technology, Lamb Weston Holdings The Evergreen State is fertile ground for entrepreneurs. A new business starting up in Washington stands a better chance of survival than in any other state, according to an analysis of Bureau of Labor Statistics data by Simply Business, a national insurance marketplace. Researchers found that businesses in the state stand an 86.4% chance of surviving their first year, 89.3% in their second year, and 91.8% in their third year. The broader economy in Washington was in the top five for growth last year, though job growth has slowed since the beginning of this year. The state is relatively well insulated from federal budget cuts, but it would be on the front lines of a trade war with China. With China accounting for more than 16% of Washington's international goods trade, it is the fourth most exposed state. 2025 Economy Score: 296 out of 445 Points (Top States Grade: B+) GDP (2024): $702 billion (+3.7%) Job Growth (2024): 1.7% Debt Rating and Outlook (Moody's): AAA Stable Share of state spending from federal funds: 26% International Goods Trade (2024): $109.6 billion (15.6% of GDP) Major Corporate Headquarters: Amazon, Microsoft, Costco The size and scope of the Empire State's economy should help to insulate it somewhat from the impacts of tariffs and federal budget cuts. Only California is home to more major corporations than New York. But federal funding does account for a relatively large portion of the state budget. Democratic Gov. Kathy Hochul said in April that Trump budget cuts could impact some $1.3 billion in federal funding to the state, and warned that tariffs could result in 280,000 lost jobs. Those impacts would be significant, but all is relative in a state with a general fund budget of more than $110 billion, and a workforce of nearly 10 million. Only about 53,000 of those employees — less than half of one percent — work for the federal government. 2025 Economy Score: 298 out of 445 Points (Top States Grade: B+) GDP (2024): $1.83 trillion (+2.4%) Job Growth (2024): 1.8% Debt Rating and Outlook (Moody's): AA1 Stable Share of state spending from federal funds: 40% International Goods Trade (2024): $251.6 billion (13.7% of GDP) Major Corporate Headquarters: American Express, JPMorgan Chase, Pfizer While growth in The First State was moribund last year, Delaware's economic foundation is sound, and well-insulated from the upheaval coming from Washington. The state does have some exposure to international trade, but only a small portion of that — about 8% — is with China. The state is among the least dependent on the federal government, which accounts for just a quarter of state spending and about 0.8% of the workforce. Delaware has lost some of its allure as a place to incorporate, following court decisions seen as unfriendly to business — like the one last year voiding Tesla CEO Elon Musk's compensation package. But it was still the second most popular state in which to start a business last year, after Wyoming. 2025 Economy Score: 317 out of 445 Points (Top States Grade: A-) GDP (2024): $79.7 billion (+2.1%) Job Growth (2024): 0.9% Debt Rating and Outlook (Moody's): AAA Stable Share of state spending from federal funds: 25% International Goods Trade (2024): $15.6 billion (19.6% of GDP) Major Corporate Headquarters: DuPont de Nemours, Incyte Year after year, The Tar Heel State turns in solid growth, and last year was no exception. It is a major reason that North Carolina is CNBC's Top State for Business overall in 2025. North Carolina's housing market, while suffering shortages exacerbated by last year's Hurricane Helene, nonetheless does reasonably well on affordability, according to data from the National Association of Homebuilders. The state is somewhat sheltered from federal budget cuts — federal employees make up just 1% of the workforce. But tariffs are a concern in a state that relies heavily on international trade. 2025 Economy Score: 322 out of 445 Points (Top States Grade: A-) GDP (2024): $661.9 billion (+3.7%) Job Growth (2024): 0.9% Debt Rating and Outlook (Moody's): AAA Stable Share of state spending from federal funds: 38% International Goods Trade (2024): $133.8 billion (20.2% of GDP) Major Corporate Headquarters: Bank of America, Duke Energy, Nucor They say everything is bigger in Texas, and that includes the economy — the second biggest state economy after California. That should be especially helpful in these tumultuous times. While The Lone Star State is heavily reliant on the federal government in its budget, federal employees make up less than 1% of the state's vast workforce. And while international goods trade is an important part of the Texas economy, only a small percentage of that trade, about 6%, is with China. The state enters these tumultuous times with solid finances, and a wealth of foreign direct investment. 2025 Economy Score: 348 out of 445 Points (Top States Grade: A+) GDP (2024): $2.17 trillion (+3.6) Job Growth (2024): 1.3% Debt Rating and Outlook (Moody's): AAA Stable Share of state spending from federal funds: 36% International Goods Trade (2024): $857.7 billion (39.5% of GDP) Major Corporate Headquarters: ExxonMobil, Oracle, AT&T The Sunshine State tops CNBC's Economy rankings for a third consecutive year in 2025. Economic growth and job growth remain solidly in the top ten, state finances are strong, and the state is a leader in new business formations. Florida is a major player in international trade, but it comprises a relatively small percentage of the state's overall economy. And only a small percentage of that international trade is with China, leaving the state in a better position than many when it comes to tariffs. Florida depends on the federal government for about 34% of its budget — and roughly two-thirds of its $34 billion Medicaid budget. That has Floridians keeping a wary eye on Washington. 2025 Economy Score: 363 out of 445 Points (Top States Grade: A+) GDP (2024): $1.34 trillion (+3.6) Job Growth (2024): 1.4% Debt Rating and Outlook (Moody's): AAA Stable Share of state spending from federal funds: 34% International Goods Trade (2024): $185 billion (13.8% of GDP) Major Corporate Headquarters: CSX, Carnival, Lennar
CNBC
4 hours ago
- CNBC
These are America's 10 weakest state economies most at risk in a recession
The odds of a recession may be falling, but states appear to be betting that corporate leaders are still nervous. An analysis of all 50 states' economic development marketing efforts — part of CNBC's annual America's Top States for Business study — finds that a strong economy is the most frequently mentioned selling point to attract corporate site selectors these days. That includes factors like job growth, fiscal stability, and a wealth of other corporate headquarters. State web sites mentioned economic factors 222 times in our analysis, well ahead of the next most cited factor, infrastructure, at 203. Site selection consultant Tom Stringer, a principal and leader of the site selection and incentives practice at Grassi Advisors in New York, said that emphasis on economic strength and stability stands to reason. "You want to look for an environment where there is consistency," he said. "That is very important to businesses, because the stability allows you to operate with a degree of certainty, a degree of cost control, and it also talks to the health of the economy." Because the Top States overall methodology prioritizes the factors that states are talking about most, the Economy category carries the most weight in this year's competitiveness study. To score each state's economy, we considered traditional measures such as state gross domestic product growth, job growth, state fiscal health, the number of major corporations headquartered in each state, and the strength of the local housing market. But with the Trump administration seeking to slash federal spending and raise tariffs, we also considered how dependent each state is on the federal government. And we considered each state's exposure to a trade war, using data compiled for us by Trade Partnership Worldwide, a Washington, D.C.-based research firm. Some states enter these uncertain times in a position of strength. But by the numbers, these ten states are the most vulnerable in a downturn. The Beaver State's economy relies heavily on international trade. It makes up nearly one-quarter of the state's GDP. And nearly 14 percent of that international goods trade is with China, leaving Oregon seriously exposed in a trade war. "Exports and manufacturing play outsized roles in the state, so trade tensions will be borne disproportionately," said the state's most recent official revenue forecast, released in May. That forecast stops short of calling for a recession, but it predicts "near stagnation" of the state's economy, which was already not going great guns heading into the turmoil. Economic growth last year was among the slowest in the nation. 2025 Economy Score: 198 out of 445 Points (Top States Grade: D+) GDP (2024): $265.1 billion (+1.2%) Job Growth (2024): 0.6% Debt Rating and Outlook (Moody's): AA1 Stable Share of state spending from federal funds: 32% International goods trade (2024): $61.4 billion (23.2% of GDP) Major Corporate Headquarters: Nike The Mountain State's economy did show some healthy growth last year, but that may be coming to an end for now, according to Sean O'Leary, senior policy analyst at the West Virginia Center on Budget and Policy. In a blog post in May, O'Leary wrote that federal job cuts are starting to show up in the economy of a state with more than 17,000 federal jobs — about 2.5% of the state's workforce. Unemployment has fallen in West Virginia, but that has more to do with people leaving the workforce than workers finding jobs. Employment barely grew last year, and jobs have begun to decline in 2025. Meanwhile, deep tax cuts enacted in 2023 with subsequent cuts each year have had a limited impact on growth, O'Leary said, while reducing state revenue. "As we continue on into the year, the flat job growth, weakening labor force, and proposed federal program changes like cuts to Medicaid should raise concern for policymakers," O'Leary said. 2025 Economy Score: 195 out of 445 Points (Top States Grade: D+) GDP (2024): $83.7 billion (+3.5%) Job Growth (2024): 0.2% Debt Rating and Outlook (Moody's): AA2 Stable Share of state spending from federal funds: 28% International goods trade (2024): $9.6 billion (11.6% of GDP) Major Corporate Headquarters: None The Peace Garden State has one of the strongest balance sheets of any state — it could operate for more than 235 days on its fund balances alone, according to the Pew Charitable Trusts. That's longer than any other state except Wyoming. Those reserves might come in handy based on the rest of North Dakota's economic picture, which is not pretty. North Dakota's economy contracted last year, while the national economy grew by 2.8%. It doesn't help — indeed it hurts — that the price of North Dakota crude oil has been down around than 15% from its high, falling dangerously close to the breakeven price of around $65 per barrel. The state energy regulator said in May that oil producers are likely to take more rigs out of production as the year goes on. 2025 Economy Score: 194 out of 445 Points (Top States Grade: D+) GDP (2024): $59.9 billion (–0.7%) Job Growth (2024): 1.5% Debt Rating and Outlook (Moody's): AA1 Stable Share of state spending from federal funds: 31% International goods trade (2024): $12.4 billion (20.7% of GDP) Major Corporate Headquarters: None Honestly, The Land of Lincoln's has a lot going for it, economically. It is home to more S&P 500 companies than all but three states (California, New York and Texas). It is a magnet for foreign direct investment. Gov. JB Pritzker just signed the state's seventh consecutive balanced budget, which will bring the state's rainy day fund to nearly $2.5 billion by the end of this fiscal year. Perhaps best of all, the state is among the least dependent on Washington — federal funds comprise just 19% of state spending, less than any other state. The trouble is that Illinois dug itself into such a deep fiscal hole over the years that it can't just dig itself out overnight. Pritzker touts Illinois' nine consecutive credit rating upgrades on his watch, but Illinois still has the worst credit rating of any state, according to Moody's. Despite progress in recent years, Illinois still faces more than $140 billion in unfunded pension liabilities. Add the fact that the state faces serious exposure in a trade war, and you get an economy that remains deeply troubled even if it is moving in the right direction. 2025 Economy Score: 188 out of 445 Points (Top States Grade: D–) GDP (2024): $895.3 billion (+1.1%) Job Growth (2024): 0.7% Debt Rating and Outlook (Moody's): A3 Positive Share of state spending from federal funds: 19% International goods trade (2024): $282.5 billion (31.6% of GDP) Major Corporate Headquarters: Abbott Laboratories, Deere, McDonald's The Ocean State's economy grew solidly in 2024, but it still not inspiring a ton of confidence among investors and entrepreneurs. Rhode Island ranks 35th in foreign direct investment as a percentage of its GDP, based on data from the U.S. Commerce Department. And it ranks 47th for new business formations, according to U.S. Census Bureau data. Only a small percentage of the state's international trade is with China, which could help blunt the impact of a trade war. But the state is heavily dependent on Washington, leaving it vulnerable to federal budget cuts. 2025 Economy Score: 180 out of 445 Points (Top States Grade: D–) GDP (2024): $65.3 billion (+3.2%) Job Growth (2024): 1.1% Debt Rating and Outlook (Moody's): AA2 Stable Share of state spending from federal funds: 40% International goods trade (2024): $14.3 billion (21.9% of GDP) Major Corporate Headquarters: CVS Health, Hasbro The Land of Enchantment's economy stands to lose big as the Trump administration slashes the size of the federal government. Federal funds account for a whopping 43% of state spending. And, heading into the DOGE era, New Mexico was home to more than 22,000 federal employees in a workforce of less than 900,000. New Mexico is a popular place for new business formations — in the top five, according to the Census Bureau. But they don't seem to last long. An analysis of Bureau of Labor Statistics data by Simply Business, a national insurance marketplace, found that new businesses in New Mexico had the second lowest survival rate — after Minnesota — when considering the fate of businesses one, two and three years after startup. 2025 Economy Score: 177 out of 445 Points (Top States Grade: D–) GDP (2024): $112.8 billion (+2.2%) Job Growth (2024): 1.1% Debt Rating and Outlook (Moody's): AA2 Positive Share of state spending from federal funds: 43% International goods trade (2024): $19.3 billion (17.1% of GDP) Major Corporate Headquarters: None While The Pelican State does not have a large federal workforce, fully half of state spending is funded by the federal government — more than any other state. That puts Louisiana in a bad spot when it comes to the potential effect of federal budget cuts. More than a third of Louisiana residents rely on Medicaid for health coverage, and the majority of that is paid for by Washington. Even before the size of the federal cuts began to take shape, state lawmakers began bracing for impact. State Senate President Cameron Henry said last month that lawmakers postponed consideration of tax cuts until the scope of the federal cuts becomes clear. Louisiana derives a large portion of its economy from international trade, though only a small portion of that economic activity comes from China. 2025 Economy Score: 173 out of 445 Points (Top States Grade: F) GDP (2024): $256.4 billion (+3.1%) Job Growth (2024): 1% Debt Rating and Outlook (Moody's): AA2 Stable Share of state spending from federal funds: 50% International goods trade (2024): $100 billion (39% of GDP) Major Corporate Headquarters: Entergy These are uncertain times in the heartland, as any farmer in The Sunflower State will tell you. Tight credit, declining land values and crop prices, and the prospect of higher tariffs all have the rural economy under stress. The Kansas City Federal Reserve Bank, which covers Kansas along with Nebraska, Wyoming, Colorado, and parts of New Mexico and Missouri, said in May that a one percent drop in farmland prices in Kansas in the first quarter of this year contributed to what it called a "subdued" farm economy. That filters through to the rest of the state, and it is a continuation from last year, when growth in Kansas was sluggish. 2025 Economy Score: 142 out of 445 Points (Top States Grade: F) GDP (2024): $185.7 billion (+1%) Job Growth (2024): 0.7% Debt Rating and Outlook (Moody's): AA2 Stable Share of state spending from federal funds: 31% International goods trade (2024): $30.6 billion (16.5% of GDP) Major Corporate Headquarters: None The Magnolia State depends heavily on the federal government, with nearly half of its state budget coming from Washington and a large number of federal jobs relative to its overall workforce. Plus the state derives nearly one third of its GDP from international trade, making it vulnerable to higher tariffs. Nonetheless, Republican Gov. Tate Reeves is pushing forward with a plan to phase out the state income tax over time, though the same bill he signed in March raises gasoline taxes. Mississippi saw solid job growth and respectable economic growth last year. But the headwinds it faces now are formidable. 2025 Economy Score: 130 out of 445 Points (Top States Grade: F) GDP (2024): $122.4 billion (+2.4%) Job Growth (2024): 1.3% Debt Rating and Outlook (Moody's): AA2 Stable Share of state spending from federal funds: 46% International goods trade (2024): $35.5 billion (29% of GDP) Major Corporate Headquarters: None The Last Frontier's last place economy is a major reason it also finishes at the bottom overall in CNBC's annual competitiveness ranking. Alaska's fortunes are inexorably linked to the price of oil, and Alaska North Slope crude is down significantly in the past year. Alaska's fortunes are also closely tied to the federal government, with one of the largest federal workforces of any state relative to its overall workforce. Efforts to diversify Alaska's economy go back decades, and they have never had much success. Republican Gov. Mike Dunleavy has been pushing the idea of leasing the state's vast public lands for underground carbon storage, but it has been slow to get off the ground. Another idea is less about diversification than it is about getting more out of the state's petroleum resources. The Trump administration is backing a long sought after natural gas pipeline alongside the Trans Alaska oil pipeline to monetize a natural byproduct of crude production. But the economics of the project are tricky, again because oil prices are so low. 2025 Economy Score: 110 out of 445 Points (Top States Grade: F) GDP (2024): $54.9 billion (+1.5%) Job Growth (2024): 2.7% Debt Rating and Outlook (Moody's): AA3 Positive Share of state spending from federal funds: 40% International goods trade (2024): $9.6 billion (17.5% of GDP) Major Corporate Headquarters: None
