Wikimedia Commons The US has an enormous economy, and that economy is the sum of the economies of 50 states and the District of Columbia.

We noted previously that those state economies are big enough and complex enough to compare with those of entire countries, and so we are once again taking a closer look at what makes those economies work.

We ranked the economies of these states, and DC's, on seven measures: unemployment rates, gross domestic product per capita, average weekly wages, and recent growth rates for nonfarm payroll jobs, GDP, house prices, and wages.

While we didn't factor them into the ranking, we also looked at the Fortune 1000 companies that have their headquarters in each state and which industries were disproportionately important in each state. This helped us get a little more insight into what makes each state economy tick.

For more details on methodology and sources, click here.