Louisiana ranked 10th in an analysis of which states grew the fastest from 2000 to 2010. The state’s gross domestic product increased by 48.4% during the period, while household incomes went up by 38.3%, according to Daily Finance, an AOL finance website. Even though Hurricane Katrina damaged New Orleans and caused much of the Crescent City population to flee the state, Louisiana’s rank was boosted by boons in major industries. Agricultural commodities, such as soybeans and cotton, rose in value, while rising energy prices helped the oil and gas industry. Wyoming grew the most, thanks to surging energy prices, while Michigan grew the least. See the full report here.
La. makes list of fastest-growing state economies
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