Posts Tagged 'GDP by state'



Widespread State Economic Growth in 2011

Real GDP increased in 43 states and the District of Columbia in 2011. Leading industry contributors were durable-goods manufacturing; professional, scientific, and technical services; and information services.

Durable-goods manufacturing was the leading contributor to real GDP growth in 26 states, contributing 3.94 percentage points to growth in Oregon and 1.17 percentage points to growth in Michigan.

Professional, scientific, and technical services was the largest contributor to real GDP growth in the District of Columbia, Virginia, Massachusetts, New York, Maryland, New Jersey, Florida, and Arkansas.

Information services was the largest contributor to real GDP growth in Colorado and Utah.

In North Dakota, the fastest growing state in 2011, mining contributed 2.81 percentage points to real GDP growth.

In contrast, several industries subtracted from real GDP growth in 2011. Real estate, rental, and leasing subtracted the most. This industry subtracted from real GDP growth in 40 states.

Per capita real GDP ranged from a high of $63,159 in Delaware to a low of $28,293 in Mississippi. Per capita real GDP for the U.S. was $42,070.

To learn more about gross domestic product by state, read the full report.