Gross Domestic Product (GDP) by State: Second Quarter 2017

GDP By state nov 21

• Real GDP increased in 48 states and the District of Columbia in the second quarter of 2017. Real GDP by state growth ranged from 8.3 percent in North Dakota to –0.7 percent in Iowa.

• Nationally, mining increased 28.6 percent and was the leading contributor to growth for the nation and in the three fastest-growing states of North Dakota, Wyoming and Texas in the second quarter. Mining contributed to growth in 49 states led by increases in oil and natural gas production.

• By contrast, agriculture, forestry, fishing, and hunting decreased 10.6 percent and subtracted from growth in 25 states, including every state in the Plains region, which experienced high levels of crop production in 2016. This industry was the leading contributor to the decreases in real GDP in Iowa and South Dakota— the only two states to decrease in the second quarter.

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