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Tuesday, November 21, 2017 Contact: Jeannine Aversa, (301) 278-9003 Gross Domestic Product (GDP) by State: Second Quarter 2017 Mining Led Growth Across Southwestern States in the Second Quarter • 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. BEA statistics—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.
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