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NEWS RELEASE EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, TUESDAY, JUNE 14, 2016 Technical: Catherine Wang (301) 278-9670 Todd Siebeneck (301) 278-9705 Media: Jeannine Aversa (301) 278-9327 E-Mail: gdpbystate@bea.gov BEA 16-28 Information Industry Group Led Growth Across States in the Fourth Quarter Gross Domestic Product by State, 4 th quarter 2015 Real gross domestic product (GDP) increased in 41 states and the District of Columbia in the fourth quarter of 2015, according to statistics on the geographic breakout of GDP released today by the Bureau of Economic Analysis. Real GDP by state growth, at an annual rate, ranged from 3.0 percent in Indiana to –3.4 percent in Wyoming. Information; construction; and professional, scientific, and technical services were the leading contributors to real U.S. economic growth in the fourth quarter. The information industry group grew 10.6 percent in the fourth quarter of 2015. This industry contributed 0.50 percentage point to U.S. real GDP growth and contributed to growth in 49 states and the District of Columbia. This industry was the leading contributor to growth in 16 states and contributed 0.90 percentage point to real GDP growth in California. Construction grew 7.6 percent in the fourth quarter. This industry contributed 0.30 percentage point to U.S. real GDP growth and contributed to growth in 46 states and the District of Columbia. Alaska, New Mexico, North Dakota, and West Virginia were the exceptions. This industry contributed 1.02 percentage point to real GDP growth in Hawaii. Professional, scientific, and technical services grew 3.9 percent in the fourth quarter—the 11th consecutive quarter of growth for this industry. This industry contributed 0.28 percentage point to real GDP growth for the nation and contributed to growth in 48 states and the District of Columbia. This industry contributed 0.92 percentage point to real GDP growth in the District of Columbia. Other highlights Nondurable goods manufacturing also made a significant contribution to real GDP growth in the fourth quarter. This industry grew 4.5 percent for the nation, contributed 0.24 percentage point to U.S. real GDP growth and contributed to growth in 45 states and the District of Columbia. This industry was the leading contributor to growth in Indiana, the fastest growing state in the fourth quarter. Mining declined 10.7 percent for the nation in the fourth quarter. This industry subtracted more than 2.2 percentage points from real GDP growth in Alaska, North Dakota, Oklahoma, and Wyoming. Finance and insurance declined 3.1 percent in the fourth quarter. This industry subtracted 0.22 percentage point from U.S. real GDP growth and subtracted 0.75 percentage point or more from real GDP growth in South Dakota, Delaware, and New York. Tables 1–3 show these results in more detail; complete detail is available on BEA's Web site at www.bea.gov. The next quarterly GDP by state release is scheduled for July 27, 2016 and will cover the first quarter of 2016. Annual Revision of Gross Domestic Product by State In conjunction with today’s release of fourth quarter 2015 gross domestic product (GDP) by state statistics, BEA is making available on its Web site revised statistics for 2008–2014 and annual statistics for 2015. The annual revision of GDP by state incorporates newly available and revised state source data, most notably the 2012 Economic Census for industries (except Explanatory Notes for manufacturing, which was previously incorporated). Additional information on this revision will be available in an article in the July 2016 issue of the Survey of Current Business. -2- 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. 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 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 21 NAICS-based industry sectors. 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 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 Gross Domestic Product (GDP) by State for the U.S. to GDP in the National Accounts. 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, the measurement of income earned, usually referred to as gross domestic income (GDI), does not always equal the measurement of what is spent (GDP). The difference is referred to as the "statistical discrepancy." GDP by state for the U.S. differs from the GDP in the national income and product accounts (NIPAs) and thus from the Industry Economic Accounts' GDP by industry, because GDP by state for the U.S. excludes federal military and civilian activity located overseas, which cannot be attributed to a particular 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. -3- Table 1. Percent Change in Real Gross Domestic Product (GDP) by State, 2014:I-2015:IV Seasonally adjusted at annual rates 2014 2015 2014 I 1 United States ………….. New England …………… Connecticut ……………. Maine …………………… Massachusetts ………… New Hampshire ……….. Rhode Island ………….. Vermont ………………… Mideast ………………….. Delaware ……………….. District of Columbia ….. Maryland ……………….. New Jersey ……………. New York ………………. Pennsylvania …………… Great Lakes …………….. Illinois ………………….. Indiana …………………. Michigan ……………….. Ohio …………………….. Wisconsin ……………… Plains …………………….. Iowa …………………….. Kansas …………………. Minnesota ……………… Missouri ………………… Nebraska ………………. North Dakota …………… South Dakota ………….. Southeast ………………… Alabama ……………….. Arkansas ………………. Florida …………………… Georgia ………………… Kentucky ………………. Louisiana ……………….. Mississippi …………….. North Carolina ………….. South Carolina ………… Tennessee ……………… Virginia ………………….. West Virginia ………….. Southwest ……………….. Arizona ………………….. New Mexico ……………. Oklahoma ………………. Texas ……………………. Rocky Mountain ………… Colorado ……………….. Idaho …………………….. Montana ………………… Utah …………………….. Wyoming ……………….. Far West …………………. Alaska …………………… California ……………….. Hawaii ………………….. Nevada …………………. Oregon ………………….. Washington ……………. 2.2 1.7 1.2 1.1 1.8 2.4 2.2 1.5 1.5 4.3 1.8 1.6 0.8 1.2 2.3 2.0 1.0 2.2 1.5 3.3 2.1 2.1 2.8 1.2 2.6 1.1 1.9 6.0 0.4 1.8 0.9 2.1 2.6 2.5 1.1 1.9 -0.3 2.1 2.5 1.6 0.2 0.7 3.4 1.8 2.6 3.3 3.8 3.0 4.1 2.1 2.0 2.2 0.5 2.8 -3.5 3.1 0.8 3.4 0.9 3.0 2.4 1.3 0.6 0.4 2.0 0.8 1.1 0.2 1.6 2.0 2.5 1.5 1.8 1.4 1.7 1.9 2.3 1.7 1.4 1.8 1.8 1.3 0.8 0.2 2.4 1.3 2.1 -2.1 1.8 2.2 1.6 1.5 3.1 2.6 1.1 1.7 0.7 2.7 1.9 2.0 1.4 0.1 3.1 0.9 0.7 1.3 3.8 3.1 3.6 1.9 3.5 3.3 0.4 3.8 -0.5 4.1 1.7 2.8 4.1 2.9 II -1.3 1.8 -0.6 -1.2 3.7 1.9 3.5 -2.6 -0.8 -2.7 7.3 -0.6 -2.5 -2.0 1.7 -0.7 -2.3 1.4 -0.2 1.0 -3.0 -3.8 -7.0 -4.8 -2.2 -1.9 -2.9 -5.6 -10.8 -1.3 -2.0 -0.4 0.0 0.0 -1.9 -2.1 -3.4 -0.6 -3.3 -0.1 -3.0 -8.1 0.2 0.3 -0.4 -1.5 0.5 0.3 1.5 -4.2 -2.7 3.0 -6.8 -3.4 -4.6 -4.8 -0.7 3.6 -4.9 3.0 2015 III 4.3 2.5 4.4 3.3 0.5 7.5 3.7 3.2 2.5 11.1 -3.2 6.2 3.5 1.4 2.2 4.6 3.3 3.4 4.1 5.8 8.0 7.7 16.3 5.6 4.5 4.5 9.6 18.5 10.1 4.5 3.8 4.4 3.9 4.8 5.1 8.8 4.7 1.6 9.5 5.0 3.2 7.8 5.0 1.5 6.1 4.7 5.6 4.2 5.5 2.4 7.2 1.4 3.3 4.2 -1.8 4.4 2.3 3.3 3.6 4.9 IV 4.7 3.5 0.9 3.4 5.2 1.2 3.0 6.9 3.8 7.6 0.5 2.8 2.3 4.3 4.5 4.5 3.2 4.2 2.3 8.2 3.9 5.0 5.4 4.4 7.7 3.0 2.3 6.0 4.4 3.4 5.4 2.6 3.8 5.2 1.3 6.5 -1.0 4.7 1.5 2.0 0.8 2.6 8.2 3.8 7.3 9.0 9.0 5.3 7.1 3.5 2.0 3.5 4.5 4.9 -3.1 5.6 1.4 4.3 6.4 2.3 I 1.7 2.5 -1.0 4.1 3.9 3.5 3.6 3.4 1.0 -4.1 0.6 -1.4 0.6 1.4 2.6 0.7 -0.8 3.2 0.2 1.4 1.6 2.4 4.0 -0.1 1.5 0.7 5.3 11.3 3.1 1.6 -1.8 3.3 2.2 1.2 1.9 2.7 1.0 2.3 2.1 1.9 0.2 1.5 3.4 -1.6 7.0 0.1 4.4 5.1 6.2 5.1 -0.1 3.3 9.0 0.8 3.6 0.1 -1.2 3.9 0.0 4.4 II 0.7 -1.8 -0.1 -11.3 0.4 -9.3 -4.4 -9.5 -2.2 1.8 7.6 2.3 -1.7 -5.5 0.4 -0.3 6.0 -4.1 -1.6 -3.3 -3.1 -3.2 -10.3 -3.1 3.2 -2.3 -5.1 -10.4 -9.5 -0.6 3.5 -4.7 1.8 0.2 -4.4 -0.7 -2.2 -0.1 -1.8 -4.2 -2.1 -1.1 5.4 0.5 -7.6 7.1 7.0 1.3 1.2 -1.8 6.0 2.9 -3.5 4.7 -0.9 6.1 4.2 -1.8 6.8 -0.9 III 3.8 4.9 4.7 9.1 4.6 6.2 5.1 0.1 5.5 6.2 4.3 2.2 8.4 8.0 0.2 2.3 -2.0 6.1 5.0 3.4 3.6 2.6 5.7 2.6 -0.5 5.1 7.7 -13.7 8.6 3.8 -1.7 4.8 3.6 3.6 5.8 -0.8 2.4 5.4 2.9 8.7 5.7 -4.1 -2.0 2.3 1.3 -7.7 -2.3 3.4 4.0 1.3 6.2 4.5 -3.9 7.2 3.1 7.7 2.9 7.3 2.7 8.0 Rank 2015:IV IV 1.9 -2.5 -4.4 2.1 -4.1 6.4 -0.4 7.8 1.8 -3.1 -2.3 -1.0 -0.5 4.0 2.0 3.4 6.2 0.9 1.6 1.6 5.5 0.6 2.4 -2.1 0.5 0.5 1.6 -4.0 7.2 3.9 3.3 4.1 5.6 4.6 1.4 1.5 3.1 4.0 5.1 3.3 3.5 0.4 0.9 -0.2 0.3 -0.6 1.3 1.3 0.1 3.9 1.9 3.4 -0.7 1.0 -7.4 0.4 -0.4 3.8 7.0 1.7 1.7 2.1 1.7 1.3 2.6 1.2 1.7 1.4 1.2 0.9 3.0 2.5 2.5 0.0 1.7 1.6 0.1 3.0 2.6 2.9 0.4 0.6 -2.9 -0.7 1.9 1.8 -0.4 2.0 2.3 2.1 1.5 1.6 2.7 2.5 2.7 0.0 1.7 1.8 1.3 2.4 2.4 0.3 1.1 2.3 -1.1 -2.8 1.4 2.0 2.8 2.1 -1.0 2.8 -3.4 2.1 -1.3 2.7 1.6 0.1 0.1 1.3 ....... ....... 23 32 8 34 24 30 ....... 35 ....... 10 12 41 22 ....... 40 1 9 2 36 ....... 49 44 19 21 43 18 16 ....... 28 27 5 11 6 42 25 20 31 14 13 37 ....... 15 46 48 29 ....... 4 17 45 3 50 ....... 47 7 26 39 38 33 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, which cannot be attributed to a particular state. Source: U.S. Bureau of Economic Analysis Table 2. Contributions to Percent Change in Real Gross Domestic Product (GDP) by State, 2015:III-2015:IV--Continues Seasonally adjusted at annual rates Percentage points Percent Agriculture, change in real GDP by state forestry, fishing, and hunting Mining United States1 ………….. 1.7 0.01 -0.17 New England …………… 2.1 (D) (D) Connecticut ……………. 1.7 0.03 -0.01 Maine …………………… 1.3 0.19 0.00 Massachusetts ………… 2.6 0.03 -0.01 New Hampshire ……….. 1.2 0.02 -0.01 Rhode Island ………….. 1.7 (D) (D) Vermont ………………… 1.4 -0.55 -0.10 Mideast ………………….. 1.2 (D) (D) Delaware ……………….. 0.9 (D) (D) District of Columbia ….. 3.0 0.00 0.00 Maryland ……………….. 2.5 -0.03 -0.01 New Jersey ……………. 2.5 0.05 -0.01 New York ………………. 0.0 -0.02 0.00 Pennsylvania …………… 1.7 -0.09 -0.18 Great Lakes …………….. 1.6 0.31 -0.01 Illinois ………………….. 0.1 0.85 -0.01 Indiana …………………. 3.0 0.79 -0.08 Michigan ……………….. 2.6 0.15 -0.03 Ohio …………………….. 2.9 0.18 0.02 Wisconsin ……………… 0.4 -1.11 0.02 Plains …………………….. 0.6 -0.49 -0.22 Iowa …………………….. -2.9 -3.94 -0.03 Kansas …………………. -0.7 -1.82 -0.06 Minnesota ……………… 1.9 0.38 -0.16 Missouri ………………… 1.8 -0.07 -0.04 Nebraska ………………. -0.4 -1.71 0.00 North Dakota …………… 2.0 6.96 -3.20 South Dakota ………….. 2.3 2.04 -0.03 Southeast ………………… 2.1 -0.03 -0.09 Alabama ……………….. 1.5 -0.32 -0.10 Arkansas ………………. 1.6 -0.11 -0.17 Florida …………………… 2.7 0.15 -0.02 Georgia ………………… 2.5 -0.15 -0.03 Kentucky ………………. 2.7 0.08 -0.20 Louisiana ……………….. 0.0 0.17 -0.86 Mississippi …………….. 1.7 0.14 -0.08 North Carolina ………….. 1.8 -0.22 -0.03 South Carolina ………… 1.3 -0.06 -0.01 Tennessee ……………… 2.4 0.09 -0.03 Virginia ………………….. 2.4 -0.11 -0.04 West Virginia ………….. 0.3 -0.33 0.28 Southwest ……………….. 1.1 -0.28 -0.78 Arizona ………………….. 2.3 -0.09 -0.45 New Mexico ……………. -1.1 -0.33 -1.18 Oklahoma ………………. -2.8 -0.98 -2.50 Texas ……………………. 1.4 -0.23 -0.61 Rocky Mountain ………… 2.0 -0.49 -0.39 Colorado ……………….. 2.8 -0.28 -0.24 Idaho …………………….. 2.1 -0.87 -0.22 Montana ………………… -1.0 -1.22 -0.62 Utah …………………….. 2.8 -0.37 -0.19 Wyoming ……………….. -3.4 -1.09 -2.24 Far West …………………. 2.1 0.32 -0.11 Alaska …………………… -1.3 0.16 -2.70 California ……………….. 2.7 0.36 -0.06 Hawaii ………………….. 1.6 0.16 0.00 Nevada …………………. 0.1 -0.11 -0.45 Oregon ………………….. 0.1 0.16 0.00 Washington ……………. 1.3 0.36 -0.02 (D) Data are suppressed to avoid disclosure of confidential information. Utilities -0.09 -0.09 -0.09 -0.09 -0.09 -0.10 -0.06 -0.05 -0.08 -0.06 -0.10 -0.13 -0.08 -0.06 -0.12 -0.10 -0.09 -0.09 -0.09 -0.13 -0.09 -0.09 -0.09 -0.09 -0.09 -0.11 -0.03 -0.08 -0.01 -0.12 -0.20 -0.15 -0.11 -0.17 -0.07 -0.18 -0.21 -0.09 -0.15 -0.04 -0.07 -0.27 -0.04 -0.06 -0.22 -0.03 -0.03 -0.10 -0.09 -0.07 -0.14 -0.12 -0.14 -0.08 -0.18 -0.09 -0.23 -0.13 -0.07 -0.01 Construction 0.30 0.29 0.19 0.29 0.32 0.29 0.36 0.33 0.33 0.22 0.05 0.37 0.41 0.41 0.12 0.22 0.16 0.29 0.22 0.28 0.22 0.27 0.51 0.26 0.16 0.37 0.28 -0.56 0.47 0.31 0.24 0.28 0.31 0.35 0.37 0.56 0.70 0.23 0.32 0.34 0.23 -0.14 0.29 0.35 -0.03 0.17 0.31 0.56 0.54 0.50 0.41 0.77 0.23 0.28 -0.17 0.29 1.02 0.37 0.20 0.18 Durable-goods manufacturing 0.04 0.03 -0.02 0.01 0.05 0.06 0.06 -0.06 -0.11 0.01 0.00 0.06 0.08 -0.32 0.07 0.31 0.16 0.38 0.78 0.31 -0.09 0.04 -0.33 0.16 0.06 0.26 -0.05 -0.16 0.00 0.08 0.12 -0.07 0.02 0.17 0.99 -0.19 0.16 -0.05 0.01 0.23 -0.02 -0.07 -0.29 0.19 -0.06 -0.53 -0.36 0.22 0.25 0.48 0.02 0.18 -0.05 0.12 0.03 0.03 0.03 -0.07 0.67 0.47 Nondurablegoods manufacturing 0.24 0.20 0.17 0.15 0.25 0.03 0.21 0.14 -0.08 0.31 0.01 0.26 0.23 -0.52 0.36 0.16 -0.76 0.96 0.34 0.60 0.54 0.32 0.36 0.43 0.35 0.33 0.24 0.20 -0.01 0.43 0.37 0.40 0.18 0.30 0.54 1.34 0.55 0.75 0.26 0.38 0.37 0.33 0.61 0.05 0.08 0.31 0.78 0.37 0.30 0.28 0.50 0.56 0.34 0.15 -0.15 0.21 0.10 0.12 -0.33 0.09 Wholesale trade 0.21 0.20 0.30 0.06 0.15 0.43 -0.04 0.23 0.12 0.10 0.08 0.10 0.26 0.03 0.21 0.24 0.19 0.16 0.43 0.17 0.32 0.13 0.10 0.26 0.13 0.17 0.18 -0.57 0.32 0.25 0.25 0.29 0.35 0.29 0.24 0.11 0.14 0.19 0.19 0.28 0.21 0.06 0.25 0.26 0.01 -0.24 0.32 0.02 0.04 0.30 0.10 -0.14 -0.09 0.24 0.11 0.27 -0.01 0.08 0.17 0.29 Retail trade 0.02 -0.01 -0.01 0.06 -0.01 -0.07 -0.09 0.04 -0.04 -0.01 0.05 0.04 -0.03 -0.09 0.01 -0.01 0.01 0.01 -0.04 0.00 -0.02 0.01 -0.08 0.00 0.02 0.04 0.08 0.02 0.01 0.02 0.05 0.03 0.03 0.11 0.09 -0.24 0.04 0.03 0.05 0.03 -0.02 -0.11 0.07 0.22 0.03 0.31 0.02 0.05 0.07 0.13 0.04 0.01 -0.09 0.07 0.24 0.08 -0.09 -0.10 0.07 0.09 Transportation and warehousing -0.09 -0.03 -0.01 -0.06 -0.04 -0.06 -0.01 -0.05 -0.03 -0.01 -0.01 0.01 0.05 -0.06 -0.07 -0.08 -0.13 -0.01 -0.09 -0.05 -0.11 -0.22 -0.14 -0.24 -0.09 -0.20 -0.71 -0.51 -0.02 -0.07 -0.07 -0.23 -0.03 -0.02 -0.07 -0.37 -0.09 -0.05 -0.05 -0.09 -0.01 -0.17 -0.17 -0.08 -0.30 -0.21 -0.18 -0.26 -0.27 -0.16 -0.37 -0.12 -0.67 -0.06 0.56 -0.06 -0.12 0.06 -0.15 -0.08 Information 0.50 0.57 0.55 0.21 0.62 0.62 0.52 0.37 0.65 0.35 0.63 0.40 0.53 0.82 0.57 0.34 0.37 0.20 0.29 0.33 0.49 0.39 0.24 0.55 0.41 0.46 0.28 0.22 0.26 0.40 0.25 0.63 0.46 0.66 0.31 0.15 0.18 0.39 0.26 0.31 0.40 0.12 0.42 0.50 0.20 0.24 0.44 0.56 0.70 0.21 0.22 0.64 0.13 0.63 0.25 0.90 0.32 0.33 0.37 -0.52 Finance and insurance -0.22 -0.28 -0.31 -0.20 -0.25 -0.54 -0.24 -0.19 -0.43 -0.80 -0.16 -0.21 -0.07 -0.75 -0.19 -0.29 -0.38 -0.40 -0.09 -0.29 -0.29 -0.30 -0.37 -0.18 -0.35 -0.22 -0.02 -0.52 -0.91 -0.11 -0.17 -0.18 -0.13 -0.13 -0.03 -0.18 -0.16 -0.11 -0.11 -0.12 0.03 0.04 -0.08 0.04 -0.16 -0.05 -0.10 -0.03 0.03 -0.13 -0.10 -0.07 -0.15 -0.19 -0.08 -0.22 -0.19 -0.33 -0.02 -0.08 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, which cannot be attributed to a particular state. Source: U.S. Bureau of Economic Analysis Table 2. Contributions to Percent Change in Real Gross Domestic Product (GDP) by State, 2015:III-2015:IV--Table Ends Seasonally adjusted at annual rates Percentage points Professional, Real estate scientific, and and rental and technical leasing services Management of companies and enterprises Administrative and waste management services Educational services Arts, Health care and entertainment, social assistance and recreation Accomodation Other services, and food except services government Government United States1 ………….. 0.15 0.28 0.12 0.07 0.00 0.15 0.06 0.05 0.09 New England …………… 0.39 0.33 0.18 0.08 0.04 0.14 0.04 0.03 0.08 Connecticut ……………. 0.25 0.21 0.21 0.05 0.07 0.07 0.04 0.03 0.07 Maine …………………… 0.18 0.24 0.15 0.07 0.03 0.09 -0.01 0.06 0.03 Massachusetts ………… 0.57 0.48 0.17 0.08 0.01 0.18 0.04 0.03 0.09 New Hampshire ……….. 0.15 -0.12 0.12 0.18 0.01 0.18 0.03 0.01 0.10 Rhode Island ………….. 0.02 0.26 0.31 0.07 0.14 0.09 0.12 0.08 0.08 Vermont ………………… 0.46 0.22 0.07 0.05 0.02 0.24 0.06 0.04 0.09 Mideast ………………….. 0.29 0.30 0.15 0.03 -0.03 0.18 0.06 0.02 0.05 Delaware ……………….. 0.32 0.27 0.18 0.08 0.01 0.13 0.04 0.01 0.05 District of Columbia ….. 0.67 0.92 0.10 0.18 -0.23 0.13 0.08 0.08 0.33 Maryland ……………….. 0.60 0.48 0.05 0.07 -0.01 0.10 0.03 0.01 0.10 New Jersey ……………. 0.05 0.42 0.27 0.07 0.00 0.14 0.03 0.05 0.06 New York ………………. 0.25 0.17 0.09 -0.01 -0.06 0.25 0.07 0.01 0.00 Pennsylvania …………… 0.32 0.29 0.24 0.03 0.00 0.12 0.09 0.01 0.09 Great Lakes …………….. -0.06 0.20 0.19 0.01 0.03 0.14 0.04 0.02 0.11 Illinois ………………….. -1.11 0.26 0.18 0.01 0.05 0.11 0.06 0.02 0.13 Indiana …………………. 0.36 0.14 0.11 -0.06 0.01 0.17 0.14 0.04 0.05 Michigan ……………….. 0.23 0.15 0.16 0.04 0.02 0.14 -0.01 -0.02 0.13 Ohio …………………….. 0.75 0.24 0.25 0.03 0.05 0.15 0.01 0.06 0.10 Wisconsin ……………… 0.11 0.10 0.22 0.02 -0.02 0.13 0.02 -0.04 0.09 Plains …………………….. 0.11 0.24 0.11 0.07 -0.01 0.18 0.06 0.00 0.10 Iowa …………………….. 0.13 0.14 0.03 0.09 0.00 0.22 0.04 0.02 0.14 Kansas …………………. -0.03 0.10 -0.24 0.04 0.02 0.08 0.05 0.01 0.09 Minnesota ……………… 0.29 0.37 0.18 0.08 -0.05 0.18 0.06 0.06 0.10 Missouri ………………… 0.01 0.24 0.21 0.07 0.01 0.20 0.10 -0.02 0.11 Nebraska ………………. 0.09 0.31 0.16 0.09 0.00 0.34 -0.01 -0.02 0.10 North Dakota …………… 0.25 0.02 0.11 0.02 -0.02 -0.07 0.00 -0.07 0.07 South Dakota ………….. -0.29 0.21 0.19 0.09 0.01 0.10 0.01 -0.12 0.03 Southeast ………………… 0.17 0.33 0.14 0.14 0.01 0.14 0.05 0.05 0.10 Alabama ……………….. 0.42 0.24 0.06 0.10 0.00 0.07 0.02 0.05 0.12 Arkansas ………………. 0.11 0.23 0.41 -0.09 -0.05 0.21 0.03 0.08 0.14 Florida …………………… 0.41 0.37 0.13 0.21 0.02 0.19 0.11 0.05 0.15 Georgia ………………… 0.20 0.31 0.13 0.20 0.03 0.12 0.04 0.06 0.08 Kentucky ………………. 0.12 0.19 0.10 0.00 0.01 0.17 0.04 0.04 0.08 Louisiana ……………….. -0.43 0.10 -0.03 0.10 0.03 0.03 0.00 0.06 0.03 Mississippi …………….. 0.16 0.10 0.08 0.03 0.02 0.03 0.03 0.05 0.09 North Carolina ………….. 0.03 0.19 0.22 0.11 0.04 0.12 0.03 0.03 0.08 South Carolina ………… 0.06 0.26 0.08 0.15 0.02 0.18 0.03 0.07 0.12 Tennessee ……………… 0.23 0.21 0.15 0.13 0.01 0.19 0.07 0.05 0.10 Virginia ………………….. 0.05 0.84 0.20 0.15 -0.01 0.08 0.04 0.03 0.09 West Virginia ………….. 0.42 -0.02 0.09 0.12 -0.06 0.43 -0.01 -0.05 0.07 Southwest ……………….. 0.18 0.18 0.11 0.12 0.03 0.15 0.01 0.10 0.07 Arizona ………………….. 0.27 0.28 0.15 0.18 0.00 0.19 0.03 0.08 0.06 New Mexico ……………. 0.08 0.36 0.05 0.08 -0.01 -0.04 0.04 0.02 0.17 Oklahoma ………………. 0.32 0.12 0.16 -0.10 0.02 -0.05 0.03 0.14 -0.02 Texas ……………………. 0.16 0.16 0.10 0.14 0.03 0.18 0.00 0.11 0.07 Rocky Mountain ………… 0.82 0.16 0.15 -0.01 -0.01 0.15 0.07 0.08 0.07 Colorado ……………….. 0.89 0.18 0.22 0.00 -0.01 0.11 0.14 0.13 0.11 Idaho …………………….. 0.90 0.01 0.09 0.13 0.01 0.26 0.05 0.15 0.12 Montana ………………… -0.20 0.14 0.03 -0.02 0.00 0.17 0.01 -0.04 0.08 Utah …………………….. 1.11 0.19 0.12 -0.10 -0.04 0.23 -0.04 0.06 -0.06 Wyoming ……………….. 0.18 0.17 0.03 -0.02 -0.02 0.06 0.05 -0.20 0.09 Far West …………………. -0.03 0.33 -0.01 0.08 -0.01 0.15 0.10 0.06 0.09 Alaska …………………… 0.82 0.07 0.02 -0.08 0.00 0.21 0.07 0.01 0.13 California ……………….. 0.00 0.38 0.10 0.10 0.00 0.14 0.09 0.07 0.08 Hawaii ………………….. -0.10 0.06 0.07 0.01 -0.01 0.19 0.07 0.15 0.20 Nevada …………………. -0.78 0.07 0.21 0.10 0.02 0.12 0.40 -0.02 0.14 Oregon ………………….. 0.23 0.22 -1.81 0.07 -0.04 0.24 0.04 0.02 0.12 Washington ……………. -0.17 0.26 0.14 0.00 -0.06 0.18 0.12 0.07 0.09 (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, which cannot be attributed to a particular state. Source: U.S. Bureau of Economic Analysis -0.05 -0.08 -0.09 -0.10 -0.05 -0.16 -0.24 0.04 -0.07 -0.03 0.21 0.25 -0.01 -0.17 -0.14 -0.10 0.01 -0.14 -0.13 -0.19 -0.14 -0.09 0.01 -0.06 -0.15 -0.13 -0.02 -0.06 -0.04 -0.12 0.02 -0.16 -0.13 0.01 -0.33 -0.24 -0.29 -0.04 -0.33 -0.12 -0.06 -0.40 0.12 0.15 0.15 0.03 0.13 0.03 -0.03 -0.07 -0.02 0.21 0.04 -0.01 -0.67 0.02 -0.02 0.10 -0.02 -0.13 Table 3. Current-Dollar Gross Domestic Product (GDP) by State, 2014:IV-2015:IV 2014 IV 1 United States …………..………… 17,500,641 New England …………………934,380 Connecticut ……………. 253,283 Maine …………………… 56,308 Massachusetts ………… 466,339 New Hampshire ……….. 71,794 Rhode Island ………….. 56,248 Vermont ………………… 30,408 Mideast ………………….. 3,184,111 Delaware ……………….. 66,394 District of Columbia ….. 117,496 Maryland ……………….. 354,776 New Jersey ……………. 553,294 New York ………………. 1,409,631 Pennsylvania …………… 682,520 Great Lakes …………….. 2,437,416 Illinois ………………….. 750,819 Indiana …………………. 331,310 Michigan ……………….. 454,190 Ohio …………………….. 601,604 Wisconsin ……………… 299,494 Plains …………………….. 1,158,056 Iowa …………………….. 175,554 Kansas …………………. 148,242 Minnesota ……………… 327,059 Missouri ………………… 287,778 Nebraska ………………. 113,145 North Dakota …………… 59,790 South Dakota ………….. 46,488 Southeast ………………… 3,729,429 Alabama ……………….. 200,135 Arkansas ………………. 122,758 Florida …………………… 852,414 Georgia ………………… 481,335 Kentucky ………………. 191,739 Louisiana ……………….. 248,567 Mississippi …………….. 105,934 North Carolina ………….. 484,012 South Carolina ………… 193,754 Tennessee ……………… 305,696 Virginia ………………….. 467,836 West Virginia ………….. 75,250 Southwest ……………….. 2,181,850 Arizona ………………….. 284,763 New Mexico ……………. 96,106 Oklahoma ………………. 188,603 Texas …………………….1,612,379 Rocky Mountain ………… 605,730 Colorado ……………….. 312,001 Idaho …………………….. 64,679 Montana ………………… 44,983 Utah …………………….. 142,915 Wyoming ……………….. 41,153 Far West …………………. 3,269,666 Alaska …………………… 56,373 California ……………….. 2,360,282 Hawaii ………………….. 77,246 Nevada …………………. 137,380 Oregon ………………….. 206,599 Washington ……………. 431,787 Millions of dollars Seasonally adjusted at annual rates 2015 I II III 17,533,430 937,211 255,286 55,019 470,477 70,576 56,019 29,834 3,184,835 67,006 120,667 359,482 554,946 1,400,467 682,268 2,449,809 766,643 329,319 456,425 598,373 299,050 1,149,541 170,948 146,811 330,707 287,879 111,711 56,262 45,223 3,739,211 202,486 120,847 862,764 485,203 190,327 243,601 105,485 487,170 194,562 304,940 468,399 73,426 2,153,369 286,401 91,737 184,082 1,591,148 602,565 310,427 64,248 45,140 143,961 38,789 3,316,889 53,209 2,403,342 78,706 137,403 211,217 433,012 17,797,345 953,860 259,773 56,554 478,455 72,023 57,037 30,018 3,246,429 68,447 122,554 363,145 568,886 1,436,830 686,568 2,478,508 766,700 336,386 465,148 606,441 303,833 1,163,631 174,367 148,362 332,094 293,164 114,194 55,045 46,405 3,796,398 202,821 122,817 874,467 492,041 194,557 243,778 106,604 497,225 197,150 313,284 477,493 74,159 2,154,916 290,311 92,896 181,475 1,590,234 612,268 315,335 64,879 46,149 146,544 39,361 3,391,335 54,203 2,459,749 79,562 141,106 213,381 443,335 17,943,163 953,695 258,424 57,204 476,410 73,573 57,320 30,763 3,278,919 68,254 122,603 364,352 571,487 1,460,257 691,966 2,511,771 782,272 338,737 469,872 611,215 309,675 1,170,302 176,296 148,055 334,060 295,204 115,149 54,104 47,435 3,851,495 205,292 124,370 891,760 500,463 196,063 243,679 107,877 505,160 200,868 317,749 484,346 73,868 2,147,030 291,429 92,441 179,312 1,583,848 614,647 315,653 65,758 46,336 148,283 38,618 3,415,304 52,244 2,474,341 79,953 143,011 218,017 447,738 Percent of the U.S. IV 18,047,289 962,825 260,643 57,621 481,630 74,121 57,821 30,988 3,300,841 68,576 124,216 368,401 577,301 1,466,458 695,889 2,527,342 784,413 341,201 474,698 616,406 310,624 1,172,582 174,803 147,832 336,207 297,263 114,937 53,908 47,631 3,880,621 206,341 124,792 902,201 505,199 197,626 242,211 108,433 508,241 202,276 320,792 488,996 73,512 2,143,495 294,170 91,851 176,833 1,580,641 617,657 318,097 66,081 46,108 149,643 37,727 3,441,926 51,560 2,496,710 80,761 143,609 218,711 450,575 2014 IV 100.0 5.3 1.4 0.3 2.7 0.4 0.3 0.2 18.2 0.4 0.7 2.0 3.2 8.1 3.9 13.9 4.3 1.9 2.6 3.4 1.7 6.6 1.0 0.8 1.9 1.6 0.6 0.3 0.3 21.3 1.1 0.7 4.9 2.8 1.1 1.4 0.6 2.8 1.1 1.7 2.7 0.4 12.5 1.6 0.5 1.1 9.2 3.5 1.8 0.4 0.3 0.8 0.2 18.7 0.3 13.5 0.4 0.8 1.2 2.5 2015 I II 100.0 5.3 1.5 0.3 2.7 0.4 0.3 0.2 18.2 0.4 0.7 2.1 3.2 8.0 3.9 14.0 4.4 1.9 2.6 3.4 1.7 6.6 1.0 0.8 1.9 1.6 0.6 0.3 0.3 21.3 1.2 0.7 4.9 2.8 1.1 1.4 0.6 2.8 1.1 1.7 2.7 0.4 12.3 1.6 0.5 1.0 9.1 3.4 1.8 0.4 0.3 0.8 0.2 18.9 0.3 13.7 0.4 0.8 1.2 2.5 III 100.0 5.4 1.5 0.3 2.7 0.4 0.3 0.2 18.2 0.4 0.7 2.0 3.2 8.1 3.9 13.9 4.3 1.9 2.6 3.4 1.7 6.5 1.0 0.8 1.9 1.6 0.6 0.3 0.3 21.3 1.1 0.7 4.9 2.8 1.1 1.4 0.6 2.8 1.1 1.8 2.7 0.4 12.1 1.6 0.5 1.0 8.9 3.4 1.8 0.4 0.3 0.8 0.2 19.1 0.3 13.8 0.4 0.8 1.2 2.5 IV 100.0 5.3 1.4 0.3 2.7 0.4 0.3 0.2 18.3 0.4 0.7 2.0 3.2 8.1 3.9 14.0 4.4 1.9 2.6 3.4 1.7 6.5 1.0 0.8 1.9 1.6 0.6 0.3 0.3 21.5 1.1 0.7 5.0 2.8 1.1 1.4 0.6 2.8 1.1 1.8 2.7 0.4 12.0 1.6 0.5 1.0 8.8 3.4 1.8 0.4 0.3 0.8 0.2 19.0 0.3 13.8 0.4 0.8 1.2 2.5 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, which cannot be attributed to a particular state. Source: U.S. Bureau of Economic Analysis 100.0 5.3 1.4 0.3 2.7 0.4 0.3 0.2 18.3 0.4 0.7 2.0 3.2 8.1 3.9 14.0 4.3 1.9 2.6 3.4 1.7 6.5 1.0 0.8 1.9 1.6 0.6 0.3 0.3 21.5 1.1 0.7 5.0 2.8 1.1 1.3 0.6 2.8 1.1 1.8 2.7 0.4 11.9 1.6 0.5 1.0 8.8 3.4 1.8 0.4 0.3 0.8 0.2 19.1 0.3 13.8 0.4 0.8 1.2 2.5
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