A new report from personal finance firm WalletHub has revealed the states with the strongest and weakest economies in the U.S., ranking all 50 states and the District of Columbia based on economic activity, health and innovation potential. Top-ranking states According to the study, Massachusetts claimed the top spot with an overall score of 70.84, narrowly surpassing Utah’s 69.18. The Bay State earned first place in innovation potential, sixth in economic activity and 17th in economic health.