Texas economy ranked 21st highest in its exposure to COVID-19 disruptions

Texas came in 21st highest in a new study by the WalletHub website that examines how state economies have been affected by the coronavirus, based on two key dimensions.

Texas received an overall score of 44.07 in the study by the personal finances website, with the maximum being 100. Examples of issues examined in the analysis included the percentage of jobs in small businesses, worker access to paid sick leave and the number of jobless claims filed during the crisis.

In the “Highly Affected Industries & Workforce” category, the state received a rank of 22nd, and in the “Resources for Businesses to Cope Better with the Crisis” grouping, the state earned the rank of 27th.

Despite the federal government’s moves to send out stimulus checks to income tax filers and provide business loans, states most dependent on industries hardest hit by the virus will take some time to bounce back, according to WalletHub.

The study examined economic issues in each state and the District of Columbia through 14 indicators within the two broad categories.

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State Economies Most Affected by COVID-19

Overall Rank	State	Total Score	‘Highly Affected Industries & Workforce’ Rank	‘Resources for Businesses to Cope Better with the Crisis’ Rank
1	Florida	61.16	1	29
2	Louisiana	54.86	5	4
3	Mississippi	52.04	25	1
4	Kentucky	51.86	20	2
5	New York	51.66	4	23
6	District of Columbia	51.34	2	37
7	Georgia	50.50	3	34
8	Virginia	49.85	6	25
9	Illinois	48.94	24	3
10	Maryland	48.52	10	21
11	North Carolina	48.30	13	20
12	Nevada	47.69	15	22
13	Rhode Island	47.42	19	18
14	New Jersey	46.89	28	8
15	Oklahoma	46.49	17	24
16	New Mexico	45.04	8	38
17	New Hampshire	45.01	7	40
18	Pennsylvania	44.75	30	17
19	South Carolina	44.25	35	12
20	Montana	44.15	18	30
21	Texas	44.07	22	27
22	Michigan	43.47	36	13
23	Hawaii	43.39	12	43
24	Wisconsin	43.32	38	9
25	Colorado	42.96	9	44
26	Alabama	42.30	46	6
27	Massachusetts	42.18	23	33
28	Indiana	41.92	41	10
29	Delaware	41.74	39	15
30	Kansas	41.42	45	7
31	Minnesota	41.36	26	35
32	Arizona	41.13	31	32
33	Connecticut	41.09	21	41
34	Ohio	40.99	40	14
35	California	40.78	11	48
36	Tennessee	40.56	42	16
37	Maine	40.52	32	36
38	West Virginia	40.47	47	11
39	South Dakota	40.09	34	31
40	Vermont	39.43	29	42
41	Washington	38.90	16	49
42	Iowa	38.72	44	19
43	Oregon	38.68	14	51
44	Arkansas	37.01	51	5
45	Utah	36.89	33	45
46	Alaska	35.95	27	50
47	Idaho	35.39	43	39
48	Wyoming	35.24	37	47
49	Missouri	34.89	49	26
50	Nebraska	34.34	50	28
51	North Dakota	31.62	48	46

Source: WalletHub.com

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