3. Arizona
Arizona
State GDP: $229 billion
Growth in 2010: 0.7%

Like its neighbor Nevada, Arizona too suffered a massive blow when the housing bubble burst.

For years, a booming housing sector was Arizona's main driver of economic growth, as developers built sprawling suburban neighborhoods outside the state's largest cities Phoenix and Tucson.

But when those housing markets crumbled, it sent shock waves through nearly all other industries in the state.

The construction and real estate sectors continued to contract in 2010, and overall, Arizona's economy barely budged, growing just 0.7% over the year.




Last updated June 17 2011: 12:05 PM ET
Join the Conversation

Check this interactive map to see how each state economy grew (or fell) last year. More

North Dakota surged due to oil, whereas Wall Street's rebound boosted New York. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.