How's your insurance business doing? The state where you dobusiness may have a big impact on your bottom line.

Nearly a decade since the Great Recession, some states stillstruggle to rebound while these 10 states have blossomed.

Within the United States, each state economy can be either boomor bust. Some states have an aging population. Others haveinfrastruture problems. Yet others have higher taxes.

California now 7th largest economy

Illinois, for instance, is currently in a fiscal decline and has the highest unemployment rate in the Midwest.Meanwhile, California has grown into the seventh largest economy in the world, boastinga GDP of $2.3 trillion, according to financial websiteWalletHub.

WalletHub's analysts compared the economicperformance of the 50 states and the District of Columbia acrossthree key dimensions: economic activity, economic health andinnovation potential.

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WalletHub pointed out in its evaluation that, even if the U.S.economy as a whole thrives — as predicted by the International Labour Organization — individualstates could have a better, or worse, time of it, depending on thecondition of their own economies.

Here's a look at the 10 states it says have the best economiesin 2016:

Oregon's beauty, and the vibrancy of its largest city,Portland, belie its 10th-place finish for economic activity. (APPhoto)

10. Oregon

At ninth place for economic health, Oregon also finished10th for economic activity and 13th for innovationpotential.

It also had the fourth highest nonfarm payrolls change and thefourth highest state-government surplus per capita.

San Antonio's Riverwalk brings in tourists, above, andAustin is well-known for tech, but still Texas came in low foreconomic health. (AP Photo)

9. Texas

The Lone Star State was third in the country for economicactivity, but came in at 20th place for innovation potential.It finished in the bottom half of the states, at 34th, for economichealth.

Still, it has the second-highest GDP in the country and is tiedfor first place with Washington and Louisiana for the most exportsper capita.

New York City's Central Park offers a calm view of theotherwise frenetic city, but for all its economic activity, itplaced low for economic health. (AP Photo)

8. New York

For economic activity, New York placed sixth in the country.Innovation potential came in at 11th place, while economichealth was only 27th.

However, it tied with California and Massachusetts for firstplace for the most venture capital funding per capita.

The Capitol Hill neighborhood of Washington, D.C., shows awarm, cheerful side of the city more known for its grandarchitecture and monuments — and high unemployment rate. (APPhoto)

7. District of Columbia

Surprise, surprise — D.C. finished first in the nation foreconomic health. Innovation potential came in at 10th place,while economic activity placed 17th.

The bad thing is that it placed 48th — not a good thing —for having the fourth highest unemployment rate in the country.Conversely, it had the fifth-highest median annual householdincome, the fourth most venture capital funding per capita and thehighest immigration of U.S. knowledge workers.

Delaware isn't doing too bad when it comes to economicactivity — though the beach at Cape Henlopen State Park nearLewes might be better than any office on a summer's day. (Photo:Getty)

6. Delaware

Delaware took fifth place in the country for economic activity.Innovation potential ranked 14th and economic health came inat 18th place.

Colorado tied for first place with lowest unemployment rate,and its natural beauty and recreational options, such as this golfcourse in Park Hill, near Downtown Denver, add to its allure. (APPhoto)

5. Colorado

Colorado took fifth place for innovation potential, seventhplace for economic health and ninth place for economicactivity.

Although it had the 48th lowest exports per capita, it hadthe fifth-highest GDP growth in the country, the fourth highestbusiness startup activity, tied for first place with the lowestunemployment rate, and had the fifth highest nonfarm payrollschange.

As the shadow of the Pilgrim Monument falls on Provincetown,Mass., on the tip of Cape Cod, perhaps the long-dead Pilgrims wouldhave been interested to note that the Bay State is first ininnovation potential. (AP Photo)

4. Massachusetts

First in innovation potential, the Bay State was eighth ineconomic activity but just 15th in economic health.

It actually finished 50th for having the loweststate-government surplus per capita, but took top spot for thehighest percentage of jobs in high-tech industries, fourth for mostindependent-inventor patents per 1,000 working-age residents andtied for first with California and New York for most venturecapital funding per capita.

Besides being tied for first place with the most venturecapital funding per capita, California is home to beautiful SanFrancisco. (AP Photo)

3. California

The Golden State actually has the seventh largest economy in theworld, with a gross domestic product of $2.3 trillion — comparableto Brazil's $2.2 trillion — in 2014. It finished second ininnovation potential, fourth in economic activity but just12th in economic health.

The state also tied for fifth place with North Dakota for thehighest business startup activity; took fifth place for the highestpercentage of jobs in high-tech industries; tied Utah for firstplace in the most independent-inventor patents per 1,000working-age residents; and was tied for first place withMassachusetts and New York for most venture capital funding percapita.

With Mount Rainier in the background, kayakers paddle nearTacoma, Wash., perhaps reaping the benefits from a state that tookfirst place in economic activity.

2. Washington

The state of Washington took first place in the economicactivity category, while finishing third in innovation potentialand tenth in economic health.

It also tied Louisiana and Texas for first place in the mostexports per capita and placed fourth in the nation for the highestpercentage of jobs in the high-techindustry.

Outdoor activities flourish in Utah, even in the middle ofSalt Lake City, and Utah's economic health is flourishing too. (APPhoto)

1. Utah

Utah came in on top, with second-place rankings in economicactivity and economic health, a third-place ranking for highestbusiness startup activity and a fourth-place ranking for innovationpotential.

It also had the highest change in nonfarms payroll, the fourthhighest immigration of U.S. knowledge workers, a first-place tiewith California for the most independent-inventor patents per 1,000working-age residents and a fifth-place finish for the most venturecapital funding per capita.

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