Economic growth rate by state
Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Among all states and territories in 2017—2019, the Northern Mariana Islands had the highest GDP growth ( 25.1%), while Puerto Rico had the lowest GDP growth ( 2.4%). In 2017, American Samoa had a very low GDP growth rate ( 5.8%), but its GDP has grown since then. The United States GDP was $20.50 trillion in 2018 with a growth rate of 2.9%. As with many other things, GDP varies greatly in each of the 50 states and the District of Columbia , with some states having GDPs that rival entire countries. The latest comprehensive information for - United States GDP Growth Rate - including latest news, historical data table, charts and more. United States GDP Annual Growth Rate. The United States is the world’s largest economy. Yet, in the last two decades, like in the case of many other developed nations, its growth rates have been decreasing. If in the 50’s and 60’s the average growth rate was above 4 percent, in the 70’s and 80’s dropped to around 3 percent. Real GDP Growth YoY data in United States is updated quarterly, available from Mar 1948 to Dec 2019, with an average rate of 3.1 %. The data reached an all-time high of 13.4 % in Dec 1950 and a record low of -3.9 % in Jun 2009. GDP growth (annual %) - United States from The World Bank: Data
27 Jan 2012 Federal non-defense spending contributed 0.1 percentage point to the quarter's growth rate, while state and local government spending
5 Aug 2019 The U.S. economy has been growing for 10 straight years. But not all states have fared the same. We use predicted variation in the rate of population aging across U.S. states over the period 1980-2010 to estimate the economic impact of aging on state output Release: Gross Domestic Product (GDP) by State, 20520 economic data series, Millions of Dollars, Quarterly, Seasonally Adjusted Annual RateQ1 2005 to Q3 8 Oct 2019 At constant 2011-12 prices, West Bengal has attained highest GSDP growth rate of 12.58% among 20 Indian states and union territories data 2 Jan 2020 The study includes factors such as growth rates of each state's GDP per capita, median household income, unemployment rate, and labor force
See how fast your state is growing compared to others. US News ranks states by the growth of their young population, net migration and GDP growth rates.
Among all states and territories in 2017—2019, the Northern Mariana Islands had the highest GDP growth ( 25.1%), while Puerto Rico had the lowest GDP growth ( 2.4%). In 2017, American Samoa had a very low GDP growth rate ( 5.8%), but its GDP has grown since then.
United States GDP Annual Growth Rate. The United States is the world’s largest economy. Yet, in the last two decades, like in the case of many other developed nations, its growth rates have been decreasing. If in the 50’s and 60’s the average growth rate was above 4 percent, in the 70’s and 80’s dropped to around 3 percent.
16 Dec 2019 The BEA's new GDP by county measure allows researchers to track United States has primarily relied on Gross Domestic Product, or GDP, as the of the GDP growth rate as a reflection of our overall economic well-being. If you accept these arguments, then the propositions linking age of democracy or social security transfers on the one hand and lower economic growth rates on the 1 May 2019 The state's GDP growth, however, still falls below the 2018 national the southeast region, which saw an average 2.6% GDP growth rate in Economic growth is the measure of the change of GDP from one year to the next. If you go back to the chart of GDP per capita in the England you see that early in a report reviewing the measurement of inflation in the United States (Boskin 30 Jan 2020 "That growth rate is lower than the historical average because of long-term demographic trends," Swagel said. "The United States is an aging return to capital is greater than the economic growth rate (r > g in his notation), the likely ulation growth in the United States is part of the reason that future U.S. In a sense, calculating growth rates levels the playing field between the states. Similarly, economists often compare a state's economy with that of the nation.
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A. ^ Percentage is out of a separate United States GDP total which includes the U.S. territories (20,978,212 million). B. ^ This excludes the U.S. territories. If the territories are included, the total is 20,978,212 million. Percentages for states are determined from the version of the count that excludes territories (20,865,140 million). Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Among all states and territories in 2017—2019, the Northern Mariana Islands had the highest GDP growth ( 25.1%), while Puerto Rico had the lowest GDP growth ( 2.4%). In 2017, American Samoa had a very low GDP growth rate ( 5.8%), but its GDP has grown since then. The United States GDP was $20.50 trillion in 2018 with a growth rate of 2.9%. As with many other things, GDP varies greatly in each of the 50 states and the District of Columbia , with some states having GDPs that rival entire countries.
13 Jun 2015 The state had the slowest growth of any state in the Mideast region, way behind New York's 2.5 percent GDP growth. Gordon MacInnes, president 6 Jan 2017 Despite the plague in Surat and the earthquake in Kachchh, the state's economic growth rate has surged in the last one-and-a-half decades.