New York is statistically the most productive state, with a value-added per hour worked of $120.67
Washington and Delaware take second and third, respectively
New research has revealed the most productive states, with New York coming out on top.
The study by business experts Upflip analyzed the newest labor productivity data from the Bureau of Labor Statistics to see which states added the most value to the economy for every hour worked.
It found that New York is the most productive state statistically. The state saw a total of 14,296,359,000 hours worked in 2022, and a value-added output of $1,725,176,181,000. Calculating these two together brings out a value-added per hour worked of $120.67, which is a small margin higher than any other state.
The Pacific Northwest state of Washington takes second place on the list. It comes in with 5,502,872,000 hours worked in 2022 and a value-added output of $589,474,184,000, equating to around $107.12 added per hour worked.
Coming in third is the state of Delaware, which had 691,655,000 hours worked in 2022 and a value-added output of $71,992,738,000. Calculating these two together brings out a value of $104.09 for every hour worked in the state.
California comes in fourth place on the list, and the state has the highest hours worked in the top ten with 28,667,560,000 and the highest value-added output with $2,946,631,780,000. However, putting these two numbers together only brings out a value-added per hour worked of $102.79, giving the state fourth place.
Rounding out the top five is the New England state of Connecticut, with $101.40 added per hour worked. This is due to 2,663,494,000 hours being worked in the state in 2022 and a value-added output of $270,067,808,000.
Commenting on the findings, a spokesperson from Upflip said: “While it can be fairly easy to work out which states are adding the most value to the economy, measuring this against the hours worked is where it gets interesting, with many potential surprises featuring in this top ten from all corners of the country. When it comes to the value added per hour worked statistic, the US average sits at $79.48, and around half of all 50 states sit below this, showing that many states are providing well for the economy, regardless of size and population.”
Study conducted by Upflip. Data Source: Annual labor productivity by state and region, released May 25, 2023; Bureau of Labor Statistics, Office of Productivity and Technology