Each state’s economy has seen a decline during the pandemic—some worse than others. The team at Business.org dug into the most recent data to see how each state’s economy has changed and which industry has been most affected by the pandemic.
According to their research, Minnesota’s economy has shrunk by 10.6%. Our most affected industry during COVID is arts, entertainment, and recreation—seeing a 54.7% decline since the beginning of the pandemic.
Arts, entertainment, and recreation were the most affected industries nationwide—31 states reported serious declines in these industries.
Mining also took a significant blow—18 states listed it as their most impacted industry.
Wyoming took the biggest GDP hit from COVID-19, dropping 18.5%.
The District of Columbia experienced the smallest GDP change, dropping only 5%.