California, Texas, New York, and Florida were four of the 16 states that advanced faster than the 2.2 percent economic growth experienced as a whole by the U.S. last year, reports the Wall Street Journal.
Texas in particular has fared well. It’s $1.5 trillion economy, which is larger than Australia’s, grew 5.2 percent in 2014. Sectors like mining, construction, and manufacturing contributed to the growth.
North Dakota’s economy grew at the best rate, at 6.3 percent. Only Mississippi and Alaska’s economies experienced a decline.
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