Statistics on the 2014 economic performance of all 50 states and the District of Columbia, will be released Wednesday, June 10 at 8:30 a.m. EDT by the U.S. Bureau of Economic Analysis.
The statistics in this report, including revised data for 1997-2013, are the state counterparts of the U.S. gross domestic product, BEA’s featured measure of national economic activity. On March 27, BEA announced that real gross domestic product in the United States grew 2.4 percent in 2014. The GDP by state statistics in this report will show which states grew fastest and which industrial sectors contributed to overall growth in each state.
On September 2, BEA will begin releasing these GDP by state statistics on a quarterly basis, starting with quarterly statistics for the first quarter of 2015, back to the first quarter of 2005. In the future, annual state GDP data will be released concurrently with fourth quarter data.
Reporters and editors can use this report to analyze regional impacts of national economic trends and to identify the fastest growing industrial sectors in a state.