Business Insider ranks the economies of all fifty states.  Tennessee ranks in the lower middle.

RANKED: The 50 US state economies from worst to best
32: Tennessee 
Ten Fortune 500 companies have their headquarters in Tennessee. These include FedEx, the Hospital Corporation of America, International Paper, and Dollar General. Given the state's central geographic location and the presence of FedEx, many more Tennesseans work in the courier, truck-transportation, and water-transportation industries than Americans do overall. 
Tennessee's housing market was recovering at a rate faster than the average, with housing prices rising 5.12% between Q3 2013 and Q3 2014. Job growth was also better than average, with a 2.39% gain in nonfarm payroll jobs between December 2013 and December 2014. That job growth, however, has not helped Tennessee's above-average unemployment rate of 6.6%.

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