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Wednesday, December 23, 2020 Contact: Jeannine Aversa, (301) 278-9003 Gross Domestic Product by State, 3rd Quarter 2020 Increases in All States and the District of Columbia in the Third Quarter Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the third quarter of 2020, as real GDP for the nation increased at an annual rate of 33.4 percent. The percent change in real GDP in the third quarter ranged from 52.2 percent in Nevada to 19.2 percent in the District of Columbia. • Healthcare and social assistance; durable goods manufacturing; and accommodation and food services were the leading contributors to the increase in real GDP nationally. • Accommodation and food services was the leading contributor to the increases in five states including Nevada, the state with the largest increase. • Healthcare and social assistance was the leading contributor to the increases in 26 states including Tennessee and Idaho, the states with the second and fourth largest increases. • Durable goods manufacturing was the leading contributor to the increases in 16 states, including Michigan, the state with the third largest increase. BEA data—including GDP, personal income, the balance of payments, foreign direct investment, the input-output accounts, and economic data for states, local areas, and industries—are available at www.bea.gov. E-mail alerts are also available. NOTE: GDP by state for the fourth quarter and year 2020 (preliminary) will be released on March 26, 2021.
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