20 U.S. States with the Fastest-Growing Economies

3. Wyoming

Percentage Change in GDP: 5.44%

Real GDP 2023: $39,322 million

Real GDP 2022: $37,294 million

Wyoming’s economy is heavily tied to mining and agriculture, primarily the marketing of beef cattle and sheep. The state also has an important and growing tourist industry, serving millions of visitors to the state’s parks and historic sites. Wyoming’s total personal income increased 5.9 percent in the fourth quarter of 2023 compared to the fourth quarter of 2022, according to Wyoming Economic Analysis Division.