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NEWS RELEASE EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, WEDNESDAY, JUNE 10, 2015 Technical: Clifford Woodruff (202) 606-9234 Ralph Rodriguez (202) 606-9631 Media: Jeannine Aversa (202) 606-2649 E-Mail: gdpbystate@bea.gov BEA 15-25 Broad Growth Across States in 2014 Advance 2014 and Revised 1997–2013 Statistics of GDP by State Real gross domestic product (GDP) increased in 48 states and the District of Columbia in 2014, according to new statistics released today by the Bureau of Economic Analysis (BEA). Professional, scientific, and technical services; nondurable goods manufacturing; and real estate and rental and leasing were the leading contributors to real U.S. economic growth. U.S. real GDP grew 2.2 percent in 2014 after increasing 1.9 percent in 2013. Real GDP increased in all eight BEA regions in 2014. Contributions from mining in Oklahoma and Texas led growth in the Southwest region (4.3 percent)—the fastest growing BEA region. Professional, scientific, and technical services was the largest contributor to U.S. real GDP by state growth in 2014. This industry grew 4.2 percent in 2014 compared with 0.7 percent in 2013 and contributed 0.29 percentage point to U.S. real GDP growth. It was the leading contributor to growth in the New England and Far West regions and contributed to growth in 46 states and the District of Columbia. It was a large contributor to growth in three states— California, Massachusetts, and Utah. Nondurable goods manufacturing grew 4.2 percent in 2014 compared with 1.1 percent in 2013 and contributed 0.23 percentage point to U.S. real GDP growth. In 2014, this industry was the largest contributor to growth in the Great Lakes region and contributed to growth in 41 states. It made a substantial contribution to growth in Louisiana and Montana. Real estate and rental and leasing grew 1.5 percent in 2014 down slightly from 1.6 percent in 2013 and contributed 0.20 percentage point to U.S. real GDP growth. In 2014, this industry was the largest contributor to growth in the Southeast region and contributed to growth in 32 states and the District of Columbia. Although mining was not a significant contributor to real GDP growth for the U.S. economy, it did play a key role in several states. This industry was a large contributor in the five fastest growing states—North Dakota, Texas, Wyoming, West Virginia, and Colorado. By contrast, mining continued to decline in Alaska due to lower output on the state’s North Slope. Agriculture, forestry, fishing, and hunting declined in six of eight BEA regions in 2014. The industry declined in all seven states in the Plains region and subtracted significantly from growth in four states—South Dakota, Iowa, Nebraska, and North Dakota. -2- Per capita real GDP by state in 2014. Per capita real GDP ranged from a high of $66,160 in Alaska to a low of $31,551 in Mississippi. Per capita real GDP for the U.S. was $49,469. Tables 1–4 show these results in more detail; complete detail is available on BEA's Web site at www.bea.gov. Beginning in September 2015, BEA will release for the first time quarterly GDP by state on a regular basis. The next release of annual GDP by state statistics will be included with the quarterly GDP by state statistics released in the summer of 2016. Annual Revision of Gross Domestic Product by State The statistics released today reflect the results of the annual revision of gross domestic product (GDP) by state. This year’s annual revision includes revised statistics beginning with 1997, though most notable revisions are generally limited to the period beginning with 2011. The revision incorporates the following revised or newly available source data: • • • • Results from the 2014 annual revision of the national income and product accounts. Results from the 2014 annual revision of the industry economic accounts. Results from the 2014 annual revision of the state personal income accounts. Incorporation of newly available and revised source data (e.g., Census Bureau’s Economic Census of Manufacturing for 2012, Census Bureau’s Annual Survey of Manufactures for 2013). Additional information on this revision will be available in an article in the July 2015 issue of the Survey of Current Business. Source Data for Advance Statistics of GDP by State for 2014 The advance statistics of GDP by state for 2014 are based on source data that are incomplete or subject to further revision by the source agency. Revised annual statistics, based on more complete data, will be included with the release of quarterly GDP by state in the summer of 2016. More information on the methodology used to produce the advance 2014 statistics, on the revised statistics of GDP by state for 1997–2013, and on revisions to the statistics of GDP by state will appear in an article in the July 2015 issue of the Survey of Current Business. Explanatory Notes Definitions. GDP by state is the state counterpart of the Nation's gross domestic product (GDP), the Bureau's featured and most comprehensive measure of U.S. economic activity. GDP by state is derived as the sum of the GDP originating in all the industries in a state. -3- The statistics of real GDP by state are prepared in chained (2009) dollars. Real GDP by state is an inflation-adjusted measure of each state's gross product that is based on national prices for the goods and services produced within that state. The statistics of real GDP by state and of quantity indexes with a reference year of 2009 were derived by applying national chain-type price indexes to the current-dollar values of GDP by state for the 64 detailed NAICS-based industries for 1997 forward. The chain-type index formula that is used in the national accounts is then used to calculate the values of total real GDP by state and of real GDP by state at more aggregated industry levels. Real GDP by state may reflect a substantial volume of output that is sold to other states and countries. To the extent that a state's output is produced and sold in national markets at relatively uniform prices (or sold locally at national prices), real GDP by state captures the differences across states that reflect the relative differences in the mix of goods and services that the states produce. However, real GDP by state does not capture geographic differences in the prices of goods and services that are produced and sold locally. Relation of GDP by state to U.S. Gross Domestic Product (GDP). An industry's GDP by state, or its value added, in practice, is calculated as the sum of incomes earned by labor and capital and the costs incurred in the production of goods and services. That is, it includes the wages and salaries that workers earn, the income earned by individual or joint entrepreneurs as well as by corporations, and business taxes such as sales, property, and Federal excise taxes--that count as a business expense. GDP is calculated as the sum of what consumers, businesses, and government spend on final goods and services, plus investment and net foreign trade. In theory, incomes earned should equal what is spent, but due to different data sources, income earned, usually referred to as gross domestic income (GDI), does not always equal what is spent (GDP). The difference is referred to as the "statistical discrepancy." Starting with the 2004 comprehensive revision, BEA's annual industry accounts and its accounts of GDP by state allocate the statistical discrepancy across all private-sector industries. Therefore, the statistics of GDP by state are now conceptually more similar to the GDP statistics in the national accounts than they had been in the past. U.S. real GDP by state for the advance year, 2014, may differ from the Annual Industry Accounts' GDP by industry and, hence NIPA (National Income and Product Account) GDP, because of different sources and vintages of data used to estimate GDP by state and NIPA GDP. For the revised years of 1997–2013, U.S. GDP by state is nearly identical to GDP by industry except for small differences resulting from GDP by state’ exclusion of overseas Federal military and civilian activity (because it cannot be attributed to a particular state). The statistics of GDP by industry are identical to those from the 2014 annual revision of the NIPAs, released in July 2014. However, because of revisions since July 2014, GDP in the NIPAs may differ from U.S. GDP by state. BEA’s national, international, regional, and industry statistics; the Survey of Current Business; and BEA news releases are available without charge on BEA’s Web site at www.bea.gov. By visiting the site, you can also subscribe to receive free e-mail summaries of BEA releases and announcements. -4- Table 1. Real GDP by State, 2011-2014 Millions of chained (2009) dollars Percent change * 2011 2012 2013 2011 2012 2013 2014 2014* 2014 Rank * 1 United States 14,844,093 15,148,854 15,431,987 15,773,516 1.4 2.1 1.9 2.2 ....... New England 821,361 830,134 839,209 852,517 0.9 1.1 1.1 1.6 ....... Connecticut 228,186 228,862 231,176 232,620 -0.9 0.3 1.0 0.6 42 Maine 50,677 50,634 50,889 50,979 -0.9 -0.1 0.5 0.2 47 Massachusetts 403,885 410,686 415,440 424,991 2.3 1.7 1.2 2.3 15 New Hampshire 63,009 63,876 64,793 66,276 0.9 1.4 1.4 2.3 16 Rhode Island 48,650 49,016 49,943 50,544 -0.3 0.8 1.9 1.2 29 Vermont 26,971 27,089 27,001 27,164 2.8 0.4 -0.3 0.6 43 Mideast 2,745,836 2,799,452 2,827,106 2,876,279 0.9 2.0 1.0 1.7 ....... Delaware 57,298 55,593 56,004 56,652 1.2 -3.0 0.7 1.2 30 District of Columbia 103,997 104,039 103,407 105,018 1.9 0.0 -0.6 1.6 ....... Maryland 315,145 316,354 318,652 321,288 1.3 0.4 0.7 0.8 36 New Jersey 485,638 498,005 502,221 504,159 -0.8 2.5 0.8 0.4 46 New York 1,198,571 1,236,080 1,248,379 1,279,921 1.3 3.1 1.0 2.5 13 Pennsylvania 585,142 589,335 598,407 609,141 1.1 0.7 1.5 1.8 22 Great Lakes 2,091,174 2,121,359 2,156,784 2,187,656 1.9 1.4 1.7 1.4 ....... Illinois 658,963 670,554 672,095 680,448 1.8 1.8 0.2 1.2 28 Indiana 280,323 281,841 288,061 289,346 0.2 0.5 2.2 0.4 44 Michigan 392,166 398,276 409,611 417,306 2.0 1.6 2.8 1.9 20 Ohio 502,134 510,379 521,155 532,018 2.9 1.6 2.1 2.1 18 Wisconsin 257,617 260,351 265,978 268,677 2.0 1.1 2.2 1.0 32 Plains 971,345 990,317 1,007,939 1,021,091 2.1 2.0 1.8 1.3 ....... Iowa 143,705 148,612 151,851 152,482 2.3 3.4 2.2 0.4 45 Kansas 130,492 130,967 130,529 132,904 3.6 0.4 -0.3 1.8 21 Minnesota 275,074 278,363 284,242 288,145 2.1 1.2 2.1 1.4 27 Missouri 250,867 253,038 257,494 259,847 -1.0 0.9 1.8 0.9 35 Nebraska 93,787 94,749 98,464 99,200 3.8 1.0 3.9 0.7 39 North Dakota 37,647 44,991 45,393 48,233 9.6 19.5 0.9 6.3 1 South Dakota 39,594 39,218 39,576 39,833 5.0 -0.9 0.9 0.6 41 Southeast 3,224,719 3,262,357 3,310,597 3,365,475 0.6 1.2 1.5 1.7 ....... Alabama 175,558 176,616 181,050 182,301 1.2 0.6 2.5 0.7 40 Arkansas 106,965 107,844 109,893 110,746 2.4 0.8 1.9 0.8 38 Florida 718,872 731,319 749,292 769,662 -0.6 1.7 2.5 2.7 11 Georgia 413,503 417,395 425,654 435,511 1.4 0.9 2.0 2.3 14 Kentucky 166,621 168,218 170,184 171,850 1.9 1.0 1.2 1.0 34 Louisiana 213,453 217,440 211,896 215,968 -3.4 1.9 -2.5 1.9 19 Mississippi 93,525 96,695 95,590 94,466 -0.3 3.4 -1.1 -1.2 49 North Carolina 422,253 422,573 434,180 440,333 0.9 0.1 2.7 1.4 25 South Carolina 167,724 168,477 170,816 174,573 2.2 0.4 1.4 2.2 17 Tennessee 258,017 266,938 271,250 275,826 2.6 3.5 1.6 1.7 24 Virginia 422,677 425,438 427,352 427,451 0.6 0.7 0.4 0.0 48 West Virginia 66,080 63,865 64,719 68,035 2.2 -3.4 1.3 5.1 4 Southwest 1,727,395 1,816,068 1,894,425 1,975,615 3.2 5.1 4.3 4.3 ....... Arizona 250,127 255,040 257,180 260,799 1.7 2.0 0.8 1.4 26 New Mexico 81,464 81,933 82,732 83,592 0.1 0.6 1.0 1.0 31 Oklahoma 149,905 155,204 157,982 162,377 2.6 3.5 1.8 2.8 10 Texas 1,245,685 1,323,204 1,395,377 1,467,342 3.7 6.2 5.5 5.2 2 Rocky Mountain 505,017 509,898 521,763 542,102 1.4 1.0 2.3 3.9 ....... Colorado 256,177 261,613 267,186 279,650 1.0 2.1 2.1 4.7 5 Idaho 54,692 54,665 56,086 57,591 -0.2 -0.1 2.6 2.7 12 Montana 37,646 38,391 38,768 39,448 3.4 2.0 1.0 1.8 23 Utah 119,105 119,918 124,310 128,178 2.7 0.7 3.7 3.1 7 Wyoming 37,444 35,566 35,731 37,566 0.2 -5.0 0.5 5.1 3 Far West 2,756,416 2,816,586 2,869,957 2,947,421 1.4 2.2 1.9 2.7 ....... Alaska 49,820 51,441 49,401 48,742 2.6 3.3 -4.0 -1.3 50 California 1,960,153 2,008,316 2,055,239 2,113,280 1.2 2.5 2.3 2.8 9 Hawaii 67,956 68,977 69,968 70,532 1.6 1.5 1.4 0.8 37 Nevada 118,925 118,685 119,558 120,771 0.6 -0.2 0.7 1.0 33 Oregon 199,102 198,759 196,761 203,788 4.4 -0.2 -1.0 3.6 6 Washington 360,625 370,374 379,014 390,489 0.7 2.7 2.3 3.0 8 * Advance statistics 1. The U.S. values may differ from the National Income and Product Account (NIPA) values because of revisions to the NIPA values as well as the GDP-by-state accounts excluding Federal military and civilian activity located overseas (because it cannot be attributed to a particular state). In addition, the advance year statistic (2014) may differ because of different sources and vintages of data used to estimate GDP by state. Source: U.S. Bureau of Economic Analysis Table 2. Contribution to Percent Change in Real GDP by State, 2013-2014 Percentage points Percent Agriculture, change in Nondurable Transportation Finance Wholesale forestry, Durable goods real GDP by goods Retail trade Mining Utilities Construction and Information and trade fishing, and manufacturing state manufacturing warehousing insurance hunting United States1 2.2 -0.10 0.19 0.00 -0.03 0.17 0.23 0.15 0.18 0.04 0.16 0.12 New England 1.6 (D) (D) 0.01 -0.08 0.01 0.04 0.06 0.12 0.05 0.18 0.10 Connecticut 0.6 0.00 0.01 0.00 -0.07 -0.33 -0.13 0.03 0.09 0.03 0.07 0.01 Maine 0.2 0.02 -0.01 0.00 -0.19 -0.01 -0.16 0.14 0.16 0.08 -0.03 -0.47 Massachusetts 2.3 -0.01 0.01 0.04 -0.03 0.17 0.14 0.09 0.11 0.07 0.22 0.20 New Hampshire 2.3 0.02 0.00 -0.03 -0.14 0.21 0.09 0.13 0.15 0.03 0.51 0.24 Rhode Island 1.2 (D) (D) -0.01 -0.20 0.09 0.05 0.00 0.18 0.03 0.09 0.15 Vermont 0.6 0.12 0.02 -0.05 -0.11 -0.19 0.11 -0.12 0.19 0.03 0.14 0.06 Mideast 1.7 (D) (D) 0.00 -0.09 -0.01 0.07 0.09 0.12 0.03 0.18 0.39 Delaware 1.2 (D) (D) -0.06 -0.09 0.00 0.22 0.06 0.12 0.14 -0.03 0.48 District of Columbia 1.6 0.00 0.00 -0.01 -0.04 0.00 -0.01 0.02 0.08 0.04 0.06 0.13 Maryland 0.8 -0.02 -0.01 -0.08 -0.10 -0.11 0.07 -0.02 0.11 0.09 0.06 -0.13 New Jersey 0.4 -0.01 -0.04 0.06 -0.17 0.00 0.19 0.09 0.14 -0.01 0.07 -0.19 New York 2.5 0.00 0.00 0.01 -0.05 -0.03 -0.02 0.08 0.15 0.01 0.36 0.87 Pennsylvania 1.8 -0.01 0.25 -0.01 -0.10 0.07 0.17 0.18 0.05 0.08 -0.01 0.17 Great Lakes 1.4 -0.21 0.02 -0.05 -0.06 0.22 0.33 0.15 0.12 0.05 0.04 0.07 Illinois 1.2 -0.39 -0.14 -0.01 0.00 0.12 0.43 0.10 0.06 0.06 0.08 0.20 Indiana 0.4 -0.37 -0.26 -0.10 -0.42 0.35 0.46 0.11 0.12 0.05 -0.01 0.09 Michigan 1.9 -0.06 0.02 0.01 0.02 0.32 0.13 0.21 0.18 0.05 0.09 0.01 Ohio 2.1 -0.11 0.27 -0.10 -0.02 0.23 0.44 0.21 0.13 0.05 -0.08 0.02 Wisconsin 1.0 0.00 0.26 -0.11 -0.02 0.12 0.05 0.09 0.14 0.03 0.18 -0.11 Plains 1.3 -0.50 0.11 0.02 0.03 0.16 0.09 0.16 0.16 0.05 0.05 0.03 Iowa 0.4 -1.10 0.02 0.04 0.25 0.08 -0.10 0.02 0.10 0.05 -0.01 0.22 Kansas 1.8 -0.23 0.03 0.01 0.05 -0.14 0.34 0.29 0.16 0.05 0.16 0.15 Minnesota 1.4 -0.28 -0.03 -0.11 0.04 0.29 0.27 0.02 0.20 0.03 0.05 -0.10 Missouri 0.9 -0.25 0.00 -0.11 -0.11 0.22 -0.09 0.22 0.12 0.00 0.05 -0.02 Nebraska 0.7 -0.90 0.00 0.72 -0.05 0.16 -0.05 0.20 0.10 -0.08 0.00 0.10 6.3 0.17 0.48 0.37 North Dakota -0.52 2.47 0.04 0.26 0.10 0.64 0.07 0.12 South Dakota 0.6 -1.12 -0.03 -0.04 -0.01 0.32 0.02 0.39 0.24 0.07 0.03 -0.09 Southeast 1.7 -0.07 0.05 -0.05 -0.02 0.13 0.17 0.12 0.18 0.04 0.14 0.08 Alabama 0.7 -0.05 -0.22 -0.20 -0.14 0.30 0.24 0.07 0.10 0.05 -0.01 0.10 Arkansas 0.8 -0.22 0.52 -0.10 -0.15 0.04 0.16 0.08 0.16 -0.02 0.00 0.03 Florida 2.7 -0.08 -0.06 -0.03 0.14 0.11 0.02 0.13 0.35 0.03 0.13 0.16 Georgia 2.3 -0.08 0.00 -0.10 0.06 0.11 -0.03 0.19 0.20 0.10 0.35 0.15 Kentucky 1.0 -0.14 -0.01 -0.02 0.12 0.21 0.24 0.14 0.04 0.10 0.06 0.11 Louisiana 1.9 -0.08 -0.63 -0.06 0.16 0.12 2.08 0.08 0.08 0.06 0.02 0.06 Mississippi -1.2 -0.29 -0.21 -0.15 -0.54 0.18 0.12 0.01 0.07 0.01 0.03 -0.13 North Carolina 1.4 -0.04 0.05 0.03 -0.08 -0.05 0.05 0.14 0.14 0.06 0.20 0.04 South Carolina 2.2 -0.05 0.00 -0.04 -0.07 0.45 0.06 0.28 0.21 0.10 0.08 -0.04 Tennessee 1.7 -0.06 0.07 0.00 -0.05 0.27 -0.04 0.14 0.15 -0.04 0.13 0.09 Virginia 0.0 -0.01 -0.03 -0.01 -0.19 0.06 -0.15 0.01 0.07 0.01 0.15 -0.02 West Virginia 5.1 0.01 5.04 -0.05 -0.33 -0.08 0.12 0.03 -0.02 0.02 0.03 -0.04 Southwest 4.3 0.00 1.09 0.17 0.02 0.19 0.66 0.27 0.27 0.03 0.06 0.10 Arizona 1.4 -0.03 0.01 -0.01 -0.26 0.09 0.03 -0.04 0.44 -0.02 0.18 0.06 New Mexico 1.0 0.15 0.91 -0.06 -0.22 -0.14 0.23 0.04 0.12 0.06 -0.08 -0.01 Oklahoma 2.8 0.00 1.45 0.57 -0.22 0.20 0.25 0.22 0.14 0.02 0.02 0.11 Texas 5.2 0.00 1.25 0.17 0.11 0.22 0.84 0.35 0.26 0.04 0.06 0.11 Rocky Mountain 3.9 0.03 0.98 0.05 0.16 0.21 0.35 0.20 0.22 0.06 0.16 0.03 Colorado 4.7 0.02 1.25 0.11 0.29 0.20 0.22 0.28 0.18 0.07 0.17 0.03 Idaho 2.7 0.18 0.19 0.04 -0.09 0.56 0.12 0.26 0.29 0.03 0.04 0.03 Montana 1.8 -0.03 -0.27 -0.02 -0.16 0.03 1.06 0.14 0.30 0.04 -0.09 -0.01 Utah 3.1 -0.01 0.40 -0.03 0.08 0.18 0.42 0.03 0.30 0.03 0.30 0.08 Wyoming 5.1 0.09 3.52 -0.04 0.17 0.06 0.66 0.18 0.09 0.18 0.02 -0.02 Far West 2.7 -0.10 -0.14 -0.07 -0.01 0.37 0.20 0.18 0.24 0.04 0.34 0.04 Alaska -1.3 0.11 -1.84 -0.02 0.09 0.00 0.16 -0.03 0.14 -0.05 0.07 -0.01 California 2.8 -0.12 -0.13 -0.09 -0.03 0.37 0.24 0.20 0.18 0.04 0.36 0.07 Hawaii 0.8 -0.06 0.00 0.02 -0.20 0.00 0.12 0.07 0.14 0.00 0.01 -0.04 Nevada 1.0 0.00 -0.54 -0.15 0.18 -0.03 0.05 0.18 0.23 0.12 0.11 -0.09 Oregon 3.6 -0.07 0.01 0.08 0.10 1.34 0.01 0.07 0.18 0.06 0.02 -0.04 Washington 3.0 -0.08 0.08 -0.04 0.04 0.13 0.19 0.18 0.62 0.02 0.58 0.00 * Advance statistics (D) Data are suppressed to avoid disclosure of confidential information 1. The U.S. values may differ from the National Income and Product Account (NIPA) values because of revisions to the NIPA values as well as the GDP-by-state accounts excluding Federal military and civilian activity located overseas (because it cannot be attributed to a particular state). In addition, the advance year statistic (2014) may differ because of different sources and Source: U.S. Bureau of Economic Analysis Real estate and rental and leasing Table 2. Contribution to Percent Change in Real GDP by State, 2013-2014 (continued) Percentage points Professional, Management of Administrative Health care Arts, Accomodation scientific, and Educational and waste and social companies and entertainment, and food services technical services assistance and recreation enterprises services services 0.29 0.18 0.11 0.00 0.20 0.04 0.06 0.41 0.25 0.10 0.00 0.20 0.02 0.04 0.38 0.29 0.10 0.02 0.13 0.03 0.03 0.14 0.36 0.16 0.03 0.15 -0.03 0.06 0.52 0.18 0.09 -0.02 0.26 0.01 0.04 0.38 0.33 0.24 0.02 0.16 0.01 0.04 0.23 0.48 0.03 0.01 0.12 0.09 0.06 0.00 0.10 0.06 0.02 0.15 0.01 0.09 0.28 0.08 0.05 -0.01 0.19 0.05 0.05 0.26 -0.02 0.16 0.07 0.27 0.05 0.03 0.16 0.04 0.04 -0.10 0.19 0.07 0.04 0.33 0.05 0.08 0.04 0.13 0.04 0.02 0.22 -0.12 0.06 -0.03 0.16 0.03 0.01 0.35 0.11 0.02 -0.01 0.17 0.07 0.10 0.17 0.21 0.05 0.01 0.26 0.02 0.02 0.21 0.22 0.12 0.00 0.13 0.03 0.01 0.32 0.06 0.19 -0.01 0.10 0.01 0.01 0.06 0.09 0.12 -0.01 0.09 -0.02 0.00 0.27 0.22 0.05 0.02 0.16 0.02 0.02 0.17 0.46 0.13 -0.01 0.22 0.07 0.04 0.11 0.27 0.03 -0.01 0.01 0.03 0.01 0.19 0.32 0.09 -0.01 0.19 0.01 0.04 0.13 0.20 0.05 -0.01 0.17 0.03 -0.01 0.19 0.37 0.04 0.01 0.20 0.01 0.05 0.31 0.29 0.08 -0.01 0.37 0.02 0.05 0.18 0.45 0.10 0.01 0.05 -0.01 0.04 -0.02 0.30 0.18 -0.05 0.06 0.02 0.03 0.36 0.17 0.12 0.01 0.27 0.02 0.12 0.09 0.16 0.10 -0.01 0.19 0.02 0.01 0.19 0.12 0.14 0.01 0.20 0.04 0.06 0.02 0.01 0.10 0.01 0.14 0.01 0.04 0.03 0.28 0.09 -0.01 0.14 0.02 0.03 0.28 0.08 0.18 0.02 0.30 0.11 0.13 0.40 0.29 0.19 0.00 0.19 0.02 0.09 0.14 0.02 0.15 -0.01 0.06 0.03 0.05 0.10 0.01 0.13 0.00 0.28 0.03 0.06 -0.01 0.04 0.04 -0.03 0.06 -0.02 -0.04 0.26 0.29 0.12 0.02 0.11 0.03 0.04 0.18 0.04 0.25 0.02 0.32 0.03 0.01 0.33 0.07 0.06 0.01 0.26 0.07 0.07 -0.10 0.04 0.10 -0.02 0.12 0.01 0.02 0.04 0.03 0.20 -0.01 0.25 0.02 -0.06 0.27 0.29 0.17 0.01 0.21 0.04 0.08 0.11 0.18 0.16 -0.01 0.26 0.06 0.07 0.09 0.04 -0.08 0.01 0.09 0.02 0.05 0.04 0.03 0.11 0.01 0.17 0.04 0.05 0.33 0.36 0.20 0.01 0.21 0.03 0.08 0.38 0.14 0.09 0.03 0.24 0.06 0.10 0.40 0.24 0.13 0.01 0.30 0.08 0.11 0.22 -0.06 0.06 0.02 0.34 0.03 0.11 0.28 0.01 0.03 0.01 0.23 0.06 0.06 0.52 0.09 0.05 0.06 0.12 0.04 0.10 0.20 -0.01 0.01 0.00 0.08 0.05 -0.01 0.46 0.20 0.12 0.01 0.23 0.07 0.10 0.09 0.05 0.08 0.00 0.10 0.01 0.08 0.54 0.21 0.12 0.02 0.22 0.08 0.12 0.04 0.06 0.16 -0.05 0.20 0.01 0.10 0.07 0.06 0.13 0.02 0.22 0.10 0.03 0.29 0.42 0.12 0.00 0.30 0.03 0.07 0.36 0.12 0.07 0.01 0.26 0.05 0.02 Other services, Government except government 0.04 -0.02 0.03 0.05 0.01 0.04 0.01 -0.09 0.05 0.10 0.01 -0.02 0.03 -0.20 0.00 0.20 0.02 -0.04 -0.06 -0.13 0.07 0.14 0.03 -0.11 0.00 -0.04 0.03 0.00 0.04 -0.10 0.05 -0.15 0.09 -0.30 0.02 -0.10 0.07 -0.07 0.04 -0.11 0.01 -0.05 0.03 0.01 0.03 0.06 0.06 -0.17 0.06 0.08 0.01 -0.08 -0.01 0.02 0.09 0.15 0.02 0.14 0.03 -0.11 0.02 -0.02 0.03 -0.20 0.09 -0.05 0.03 -0.10 0.00 -0.26 0.01 -0.44 -0.01 -0.27 0.00 -0.17 -0.01 0.05 0.05 -0.04 0.04 -0.03 -0.03 -0.09 0.05 0.01 0.06 -0.09 0.03 -0.18 0.00 -0.06 0.05 0.04 0.05 0.05 0.05 0.10 0.04 0.01 0.03 -0.02 0.08 0.03 -0.10 -0.14 0.05 0.16 0.00 -0.31 0.06 0.19 0.02 0.34 0.02 -0.05 0.03 0.21 0.04 0.06 United States1 0.20 New England -0.01 Connecticut -0.10 Maine -0.13 Massachusetts 0.08 New Hampshire -0.12 Rhode Island -0.07 Vermont -0.22 Mideast 0.25 Delaware -0.28 District of Columbia 0.65 Maryland 0.36 New Jersey -0.01 New York 0.31 Pennsylvania 0.27 Great Lakes 0.14 Illinois 0.26 Indiana 0.17 Michigan 0.15 Ohio 0.06 Wisconsin -0.04 Plains 0.06 Iowa 0.22 Kansas 0.20 Minnesota -0.24 Missouri 0.11 Nebraska 0.02 North Dakota 0.76 South Dakota 0.14 Southeast 0.21 Alabama 0.12 Arkansas -0.13 Florida 0.67 Georgia 0.24 Kentucky -0.04 Louisiana -0.16 Mississippi -0.03 North Carolina 0.17 South Carolina 0.31 Tennessee 0.13 Virginia -0.06 West Virginia 0.05 Southwest 0.31 Arizona 0.15 New Mexico -0.03 Oklahoma -0.36 Texas 0.43 Rocky Mountain 0.32 Colorado 0.43 Idaho 0.28 Montana 0.09 Utah 0.25 Wyoming 0.14 Far West 0.21 Alaska -0.04 California 0.19 Hawaii -0.13 Nevada 0.36 Oregon 0.37 Washington 0.31 * Advance statistics (D) Data are suppressed to avoid disclosure of confidential information 1. The U.S. values may differ from the National Income and Product Account (NIPA) values because of revisions to the NIPA values as well as the GDP-by-state accounts excluding Federal military and civilian activity located overseas (because it cannot be attributed to a particular state). In addition, the advance year statistic (2014) may differ because of different sources and vintages of data used to estimate GDP by state. Source: U.S. Bureau of Economic Analysis Table 3. Revisions to Percent Change in Real GDP by State 2011 2012 Difference Difference Previously Previously Previously Revised Revised (percentage (percentage published published published points) points) United States 1.6 1.4 -0.2 2.5 2.1 -0.4 1.8 New England 0.9 0.9 0.0 1.6 1.1 -0.5 1.3 Connecticut -0.9 -0.9 0.0 1.0 0.3 -0.7 0.9 Maine -1.1 -0.9 0.2 0.6 -0.1 -0.7 0.9 Massachusetts 2.2 2.3 0.1 2.3 1.7 -0.6 1.6 New Hampshire 1.1 0.9 -0.2 1.1 1.4 0.3 0.9 Rhode Island -0.1 -0.3 -0.2 1.3 0.8 -0.5 1.4 Vermont 2.2 2.8 0.6 1.1 0.4 -0.7 1.9 Mideast 1.0 0.9 -0.1 1.6 2.0 0.4 0.7 Delaware 0.2 1.2 1.0 0.6 -3.0 -3.6 1.6 District of Columbia 2.0 1.9 -0.1 -0.5 0.0 0.5 -0.5 Maryland 1.7 1.3 -0.4 1.2 0.4 -0.8 0.0 New Jersey -0.5 -0.8 -0.3 2.6 2.5 -0.1 1.1 New York 1.2 1.3 0.1 1.7 3.1 1.4 0.7 Pennsylvania 1.4 1.1 -0.3 1.2 0.7 -0.5 0.7 Great Lakes 1.8 1.9 0.1 2.0 1.4 -0.6 1.6 Illinois 1.6 1.8 0.2 1.4 1.8 0.4 0.9 Indiana 0.3 0.2 -0.1 2.5 0.5 -2.0 2.1 Michigan 2.2 2.0 -0.2 1.5 1.6 0.1 2.0 Ohio 2.6 2.9 0.3 3.1 1.6 -1.5 1.8 Wisconsin 1.7 2.0 0.3 1.0 1.1 0.1 1.7 Plains 2.1 2.1 0.0 2.3 2.0 -0.3 2.5 Iowa 1.6 2.3 0.7 2.5 3.4 0.9 2.9 Kansas 3.8 3.6 -0.2 0.4 0.4 0.0 1.9 Minnesota 2.5 2.1 -0.4 2.0 1.2 -0.8 2.8 Missouri -0.9 -1.0 -0.1 1.2 0.9 -0.3 0.8 Nebraska 3.8 3.8 0.0 2.2 1.0 -1.2 3.0 North Dakota 9.2 9.6 0.4 20.3 19.5 -0.8 9.7 South Dakota 4.9 5.0 0.1 0.3 -0.9 -1.2 3.1 Southeast 0.6 0.6 0.0 1.9 1.2 -0.7 1.6 Alabama 1.2 1.2 0.0 2.4 0.6 -1.8 0.8 Arkansas 1.6 2.4 0.8 1.1 0.8 -0.3 2.4 Florida -0.4 -0.6 -0.2 2.2 1.7 -0.5 2.2 Georgia 0.9 1.4 0.5 1.5 0.9 -0.6 1.8 Kentucky 1.6 1.9 0.3 0.8 1.0 0.2 1.6 Louisiana -2.8 -3.4 -0.6 2.1 1.9 -0.2 1.3 Mississippi -0.8 -0.3 0.5 3.5 3.4 -0.1 1.6 North Carolina 0.3 0.9 0.6 2.4 0.1 -2.3 2.3 South Carolina 3.1 2.2 -0.9 1.5 0.4 -1.1 1.2 Tennessee 2.8 2.6 -0.2 3.3 3.5 0.2 0.8 Virginia 0.7 0.6 -0.1 1.3 0.7 -0.6 0.1 West Virginia 2.5 2.2 -0.3 -1.4 -3.4 -2.0 5.1 Southwest 3.7 3.2 -0.5 5.8 5.1 -0.7 3.3 Arizona 2.6 1.7 -0.9 3.0 2.0 -1.0 1.1 New Mexico 1.1 0.1 -1.0 1.2 0.6 -0.6 1.5 Oklahoma 3.4 2.6 -0.8 3.0 3.5 0.5 4.2 Texas 4.2 3.7 -0.5 6.9 6.2 -0.7 3.7 Rocky Mountain 1.8 1.4 -0.4 2.7 1.0 -1.7 4.1 Colorado 1.5 1.0 -0.5 3.0 2.1 -0.9 3.8 Idaho 0.1 -0.2 -0.3 0.0 -0.1 -0.1 4.1 Montana 3.3 3.4 0.1 2.4 2.0 -0.4 3.0 Utah 3.0 2.7 -0.3 5.0 0.7 -4.3 3.8 Wyoming 1.1 0.2 -0.9 -2.8 -5.0 -2.2 7.6 Far West 1.7 1.4 -0.3 2.8 2.2 -0.6 2.0 Alaska 4.2 2.6 -1.6 3.5 3.3 -0.2 -2.5 California 1.7 1.2 -0.5 2.7 2.5 -0.2 2.0 Hawaii 1.8 1.6 -0.2 1.7 1.5 -0.2 1.9 Nevada 0.8 0.6 -0.2 2.1 -0.2 -2.3 1.0 Oregon 4.0 4.4 0.4 4.0 -0.2 -4.2 2.7 Washington 0.7 0.7 0.0 3.4 2.7 -0.7 2.7 Source: U.S. Bureau of Economic Analysis 2013 Revised 1.9 1.1 1.0 0.5 1.2 1.4 1.9 -0.3 1.0 0.7 -0.6 0.7 0.8 1.0 1.5 1.7 0.2 2.2 2.8 2.1 2.2 1.8 2.2 -0.3 2.1 1.8 3.9 0.9 0.9 1.5 2.5 1.9 2.5 2.0 1.2 -2.5 -1.1 2.7 1.4 1.6 0.4 1.3 4.3 0.8 1.0 1.8 5.5 2.3 2.1 2.6 1.0 3.7 0.5 1.9 -4.0 2.3 1.4 0.7 -1.0 2.3 Difference (percentage points) 0.1 -0.2 0.1 -0.4 -0.4 0.5 0.5 -2.2 0.3 -0.9 -0.1 0.7 -0.3 0.3 0.8 0.1 -0.7 0.1 0.8 0.3 0.5 -0.7 -0.7 -2.2 -0.7 1.0 0.9 -8.8 -2.2 -0.1 1.7 -0.5 0.3 0.2 -0.4 -3.8 -2.7 0.4 0.2 0.8 0.3 -3.8 1.0 -0.3 -0.5 -2.4 1.8 -1.8 -1.7 -1.5 -2.0 -0.1 -7.1 -0.1 -1.5 0.3 -0.5 -0.3 -3.7 -0.4 Table 4. Current-Dollar GDP by State, 2011-2014 Millions of dollars 2012 2013 2014* 2011 16,060,678 16,665,215 17,316,314 100.0 867,593 893,812 924,937 5.5 239,878 246,897 253,036 1.5 53,180 54,609 55,838 0.3 428,350 441,467 459,937 2.7 66,490 68,701 71,552 0.4 51,346 53,300 54,960 0.3 28,348 28,838 29,613 0.2 2,944,778 3,031,201 3,143,366 18.3 59,104 60,816 62,756 0.4 109,937 111,695 115,473 0.7 330,518 339,409 348,631 2.1 523,275 537,396 549,099 3.2 1,302,527 1,341,591 1,404,518 8.0 619,417 640,294 662,890 3.9 2,240,986 2,318,229 2,391,384 14.0 710,348 724,795 745,875 4.4 300,304 311,188 317,840 1.9 415,145 434,674 451,516 2.6 542,097 562,845 583,261 3.4 273,091 284,728 292,891 1.7 1,057,797 1,098,306 1,131,518 6.6 159,660 166,787 170,613 1.0 140,441 142,449 147,075 0.9 295,716 307,270 316,204 1.9 266,672 276,715 284,462 1.7 102,823 109,364 112,159 0.6 49,308 51,048 55,136 0.3 43,177 44,673 45,867 0.3 3,454,443 3,569,920 3,695,095 21.7 186,960 194,671 199,440 1.2 114,090 118,553 121,395 0.7 766,259 800,697 839,944 4.8 438,801 456,483 476,483 2.8 178,682 183,582 188,602 1.1 250,689 246,660 251,397 1.6 103,414 104,095 104,851 0.6 445,720 467,075 483,126 2.8 176,320 182,400 190,304 1.1 280,169 290,125 300,604 1.7 444,617 454,984 463,613 2.8 68,722 70,595 75,337 0.5 1,974,382 2,099,152 2,208,652 12.0 267,493 274,734 284,156 1.7 88,212 90,828 92,959 0.6 169,346 176,398 183,501 1.1 1,449,330 1,557,193 1,648,036 8.8 546,037 569,217 600,485 3.4 276,816 288,338 306,663 1.7 58,353 61,117 63,952 0.4 41,941 43,006 44,269 0.3 128,050 134,974 141,410 0.8 40,877 41,782 44,190 0.3 2,974,663 3,085,378 3,220,878 18.5 57,941 57,276 57,080 0.4 2,125,135 2,212,991 2,311,616 13.2 72,653 75,095 77,389 0.5 124,938 127,989 132,064 0.8 203,352 204,867 215,677 1.3 390,643 407,160 427,052 2.4 Percent of U.S. total 2011 2012 2013 2014* United States1 15,416,873 100.0 100.0 100.0 New England 840,420 5.4 5.4 5.3 Connecticut 233,960 1.5 1.5 1.5 Maine 52,007 0.3 0.3 0.3 Massachusetts 412,653 2.7 2.6 2.7 New Hampshire 64,246 0.4 0.4 0.4 Rhode Island 49,932 0.3 0.3 0.3 Vermont 27,622 0.2 0.2 0.2 Mideast 2,826,317 18.3 18.2 18.2 Delaware 59,275 0.4 0.4 0.4 District of Columbia 108,217 0.7 0.7 0.7 Maryland 323,148 2.1 2.0 2.0 New Jersey 498,918 3.3 3.2 3.2 New York 1,234,073 8.1 8.1 8.1 Pennsylvania 602,686 3.9 3.8 3.8 Great Lakes 2,154,863 14.0 13.9 13.8 Illinois 680,395 4.4 4.3 4.3 Indiana 291,357 1.9 1.9 1.8 Michigan 398,912 2.6 2.6 2.6 Ohio 520,398 3.4 3.4 3.4 Wisconsin 263,800 1.7 1.7 1.7 Plains 1,012,181 6.6 6.6 6.5 Iowa 150,289 1.0 1.0 1.0 Kansas 136,613 0.9 0.9 0.8 Minnesota 285,452 1.8 1.8 1.8 Missouri 257,985 1.7 1.7 1.6 Nebraska 98,997 0.6 0.7 0.6 North Dakota 40,482 0.3 0.3 0.3 South Dakota 42,362 0.3 0.3 0.3 Southeast 3,338,113 21.5 21.4 21.3 Alabama 182,395 1.2 1.2 1.2 Arkansas 110,850 0.7 0.7 0.7 Florida 736,890 4.8 4.8 4.9 Georgia 424,494 2.7 2.7 2.8 Kentucky 172,869 1.1 1.1 1.1 Louisiana 241,845 1.6 1.5 1.5 Mississippi 97,760 0.6 0.6 0.6 North Carolina 433,311 2.8 2.8 2.8 South Carolina 171,550 1.1 1.1 1.1 Tennessee 264,052 1.7 1.7 1.7 Virginia 432,206 2.8 2.7 2.7 West Virginia 69,892 0.4 0.4 0.4 Southwest 1,856,600 12.3 12.6 12.8 Arizona 256,972 1.7 1.6 1.6 New Mexico 86,737 0.5 0.5 0.5 Oklahoma 162,118 1.1 1.1 1.1 Texas 1,350,773 9.0 9.3 9.5 Rocky Mountain 531,674 3.4 3.4 3.5 Colorado 266,627 1.7 1.7 1.8 Idaho 57,050 0.4 0.4 0.4 Montana 40,193 0.3 0.3 0.3 Utah 124,737 0.8 0.8 0.8 Wyoming 43,067 0.3 0.3 0.3 Far West 2,856,705 18.5 18.5 18.6 Alaska 56,939 0.4 0.3 0.3 California 2,033,990 13.2 13.3 13.3 Hawaii 70,058 0.5 0.5 0.4 Nevada 122,420 0.8 0.8 0.8 Oregon 200,854 1.3 1.2 1.2 Washington 372,444 2.4 2.4 2.5 * Advance statistics 1. The U.S. values may differ from the National Income and Product Account (NIPA) values because of revisions to the NIPA values as well as the GDP-by-state accounts excluding Federal military and civilian activity located overseas (because it cannot be attributed to a particular state). In addition, the advance year statistic (2014) may differ because of different sources and vintages of data used to estimate GDP by state. Source: U.S. Bureau of Economic Analysis
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