Delaware Economy

Massachusetts retains the top spot of states well positioned to compete in the new economy, according to a report by an entrepreneurial group.

Spotlight Delaware Economy News

The economy of Philadelphia-Camden-Wilmington posted a real GDP growth rate of 0.7%.

There are 10 states that do not impose one major tax, either the business tax, personal tax or sales tax. Therefore, these states rank high in the best states for taxes in a state tax climate study for 2011.

Poll

What to do about the federal budget deficit?

Cut spending only
45% (243 votes)
Raise taxes only
4% (24 votes)
Both cut spending and raise taxes
44% (234 votes)
Let it be
6% (34 votes)
Total votes: 535

Delaware Economy

The 10 largest metropolitan GDPs in the United States are part of 16 U.S. states.The states of California, Texas, Pennsylvania, New Jersey and Maryland placed two metro areas in the top 10

The economy of Dover, Delaware posted a real GDP growth rate of -0.6%.

The construction industry is forecast to lose many more jobs in many parts of the country, however some of the states that are expected to be affected badly are West Virginia, Nevada, Delaware and Ohio.

The state that relies the most on the finance and insurance industry contributed 1.9% of the finance and insurance industry's economic output in the United States.

There are 4 states in which the finance and insurance industry is the biggest contributor to the state's economic output.

Some of the smallest states and some of the largest states in the United States measured by real gross domestic product (GDP) posted negative real GDP growth rates for 2008, according to data from the Department of Commerce.

The Delaware economy has grown from a $41 billion economy in 2000 to a $62 billion economy during this decade.

There are 12 states that do not impose one major tax, either the business tax, personal tax or sales tax. Therefore, these states rank high in the best states for taxes and best states for business.