Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia, in the second quarter of 2020 compared to the previous quarter, as a result of reflecting “stay-at-home” orders across the country due to COVID-19. The U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from… Read More ›
Tag Archive for ‘state GDP’
GDP Decreases in All States and D.C. in the First Quarter of 2020
Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia, in the first quarter of 2020 compared to the last quarter of 2019, as a result of the widespread shutdowns across the country due to COVID-19. The U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a seasonally adjusted annual rate basis,… Read More ›
Southwest Led GDP Growth In 2019
Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in 2019 compared to 2018, according to the U.S. Bureau of Economic Analysis (BEA). The percent change in real GDP ranged from 4.4 percent in Texas to 0.6 percent in Nebraska. Nationwide growth in GDP, measured on a seasonally adjusted annual rate basis, reached 2.3 percent… Read More ›
Texas Led GDP Growth in the Third Quarter of 2019
Real gross domestic product (GDP) increased in 49 states and the District of Columbia, in the third quarter 2019 compared to the previous quarter. Delaware recorded no change during this time. The U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 4.0% in Texas to 0.4% in Hawaii. Nationwide,… Read More ›
Southwest Led GDP Growth in the Second Quarter of 2019
Real gross domestic product (GDP) increased in all 50 states and the District of Columbia, in the second quarter 2019 compared to the previous quarter. The U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 4.7% in Texas to 0.5% in Hawaii. Nationwide, real GDP growth increased to 2.0%… Read More ›
Southwest Led GDP Growth in the First Quarter of 2019
Real gross domestic product (GDP) increased in all 50 states and the District of Columbia, in the first quarter 2019 compared to the last quarter of 2018. U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 5.2% in West Virginia to 1.2% in Hawaii. Nationwide, real GDP growth increased… Read More ›
West Leads GDP Growth In 2018
Real gross domestic product (GDP) increased in 49 states and the District of Columbia and declined in Alaska in 2018 compared to 2017, according to the U.S. Bureau of Economic Analysis. In 2017, 47 states and the District of Columbia recorded growth in GDP while three states (Kansas, Louisiana, and Connecticut) recorded a decline in GDP. As a result, nationwide growth… Read More ›
Rocky Mountain and the Far West Led GDP Growth in the Third Quarter of 2018
Real gross domestic product (GDP) increased in 49 states and the District of Columbia, in the third quarter 2018 compared to the second quarter of 2018. U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 5.8% in Washington to 0.0% in West Virginia. Nationwide, real GDP growth slowed to… Read More ›
Southwest and the Plains Led GDP Growth in the Second Quarter of 2018
Real gross domestic product (GDP) increased in all 50 states and the District of Columbia, in the second quarter 2018 compared to the first quarter of 2018. U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 6.0% in Texas to 2.5% in Delaware. Boosted by the growth in majority… Read More ›
Southwest Region Led GDP Growth in the First Quarter of 2018
Real gross domestic product (GDP) increased in 48 states and the District of Columbia, declined in North Dakota and remained unchanged in Arkansas in the first quarter 2018 compared to the last quarter of 2017. U.S. Bureau of Economic Analysis reported the GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 3.6% in Washington to a decline… Read More ›