These 10 States Have The Strongest, Most Recession-Proof Economies

CNBC has ranked the 10 U.S. states best positioned to withstand an economic downturn, based on job growth, GDP performance, fiscal health, and trade exposure. Florida topped the list for the third consecutive year, buoyed by strong finances and new business formation, although experts note that its reliance on federal funding poses a risk. Texas followed, with economic size offsetting trade vulnerability. North Carolina ranked third, supported by its affordability and major employers, including Bank of America, Duke Energy, and Nucor. Rounding out the top five were Delaware and New York. J.P. Morgan recently lowered its 2025 recession forecast from 60% to 40%, but 46% of Americans still fear layoffs, according to an Indeed-Harris survey.