News Release

FOR WIRE TRANSMISSION: 9:00 A.M. EDT, MONDAY, JUNE 10, 2002
BEA 02-17

Gross State Product: New Estimates for 2000 and Revised Estimates for 1998-99

BEA logo

Many of BEA's tables are very wide; printing tips are available. This news release is also available in PDF and txt format. The tables at the end of this press release are available in XLS format.

 

Sharon Panek: (202) 606–9228   BEA 02–17
George Downey: 606–9214  

GROSS STATE PRODUCT:
NEW ESTIMATES for 2000 and
REVISED ESTIMATES for 1998–99*

In 2000, states with the fastest growth in real gross state product (GSP) — GSP adjusted to reflect price changes — were located in the west and the northeast areas of the nation, according to the U.S. Bureau of Economic Analysis (see map on page 2). Four of the western states with fast GSP growth — Idaho, Oregon, California, and Arizona — had robust growth in "high-tech" manufacturing, and Colorado had strong growth in business services and communications. The northeastern states with fast GSP growth — Rhode Island, New Hampshire, Massachusetts, New Jersey, and New York — had strong growth in finance, insurance, and real estate and in services.

Alaska and Louisiana were the only states in which real GSP declined in 2000; in these two states, mining (including oil and gas extraction) decreased.

Real GSP for the nation grew at an annual rate of 4.5 percent from 1999 to 2000 (table 2). Real GSP grew in all major industries except mining and was particularly strong in security and commodity brokers and high-tech manufacturing such as electronic and other electric equipment and industrial machinery and equipment. The composition of the fast-growing states in the top quintile changed slightly in 2000 to include several New England states, California, and New York. (see discussion on page 3).


 *The GSP estimates for 1998–99 released today update and supersede those that were published in the August 2001 issue of the Survey of Current Business. The newly released estimates reflect the incorporation of newly available state-specific source data; see the "Sources of GSP revisions" section on page 5 for details on the revisions.
 
This news release is available at BEA's web site at www.bea.gov/newsreleases/rels.htm

 

States in the top quintile for real GSP growth in 1999–2000

The 10 states with the fastest growth in real GSP from 1999 to 2000 were Rhode Island (10.7 percent), Idaho (8.3 percent), Oregon (8.1 percent), New Hampshire (7.8 percent), California (7.3 percent), Colorado (7.3 percent), Massachusetts (7.1 percent), New Jersey (6.6 percent), Arizona (6.5 percent), and New York (6.1 percent). These states accounted for 51.7 percent of U.S. growth, partly due to strong growth in California and New York.

All states in the top growth quintile, except Oregon, had employment growth rates above the national growth rate. In addition, five of these states — Arizona, Colorado, Idaho, California, and New Hampshire — had population growth rates above the national growth rate.

-----------------------------------------------------------------------------------------------------------------
            ---Percent change in real gross state product in major aggregate industries, 1999-2000---

                       Total   Agri-
                       gross  culture,                          Transpor-                Finance,
                       state  forestry          Con-     Manu-  tation &   Whole-        insurance
                       prod-     &             struc-   factur-  public     sale  Retail  & real    Ser-  Govern-
                        uct   fishing  Mining   tion     ing    utilities  trade  trade   estate    vices  ment
                     --------------------------------------------------------------------------------------------
United States........   4.5     8.4    -15.0    2.5      4.1      6.0       2.8    7.4      5.6     5.1     2.5

Rhode Island.........  10.7     2.6     13.2    1.8      2.8      5.7       6.1   13.1     29.1     2.0     4.3
Idaho................   8.3     5.8     -8.2    1.7     22.3      6.4       3.5    7.7      2.2     6.8     2.7
Oregon ..............   8.1     6.2     15.3    1.2     22.8      6.5       2.7    5.4       .8     4.9     2.7
New Hampshire........   7.8     2.3     15.2    2.4     13.3      4.9       7.8    8.9      7.5     6.8     1.7
California ..........   7.3     6.3    -11.0    6.6     10.1      4.4       4.1    9.9      6.3     9.5     4.3
Colorado.............   7.3      .4    -15.5    9.2      5.1     11.4       9.4    9.3      6.6     9.6     2.4
Massachusetts .......   7.1     6.1     19.1    7.4      7.5      7.6       3.0    9.2      7.3     9.1     1.1
New Jersey ..........   6.6     8.4      8.3    4.4     16.4      4.8       6.0    9.9      7.0     3.3     1.2
Arizona .............   6.5     1.9     -6.4    3.8     14.4      7.7       3.3    9.1      3.4     6.4     2.9
New York ............   6.1     3.8      4.8    4.5      2.7      7.7       2.2    8.6     10.1     4.8      .6
-----------------------------------------------------------------------------------------------------------------
Note: For the contributions of the industries to the percent change in total gross state product, see table 3.

In addition to the fast growth in high-tech industries, factors contributing to growth in the top quintile states include:

  • In New York, depository institutions contributed significantly to the growth in real GSP.
  • In New Jersey, chemicals and allied products and security and commodity brokers were the major contributors to growth.

Two of the fast-growing states for 1999–2000 were not among the states with rapid growth for most of the 1990s. New York was in the bottom growth quintile for most of the decade, but strong growth in finance, insurance, and real estate in 2000 contributed to New York becoming one of the fast-growing states. In the early 1990s, California was not in the top growth quintile due to a prolonged period of recovery from the 1990–91 recession; however, for the last half of the 1990s, California rebounded to put it in the top growth quintile in 2000.

States in the bottom quintile for real GSP growth in 1999–2000

The 10 states with the slowest growth or a decline in real GSP from 1999 to 2000 were Alaska (-2.9 percent), Louisiana (-2.7 percent), Mississippi (0.8 percent), Delaware (0.9 percent), Wyoming (1.2 percent), Alabama (1.2 percent), West Virginia (1.3 percent), Arkansas (1.7 percent), Hawaii (1.9 percent), and Oklahoma (2.0 percent). These states accounted for 0.7 percent of U.S. growth.

With the exception of Alaska, Hawaii, and Wyoming, these states had employment growth rates below the national growth rate. In addition, these states, except Delaware and Arkansas, had population growth rates below the national growth rate.

-----------------------------------------------------------------------------------------------------------------
            ---Percent change in real gross state product in major aggregate industries, 1999-2000---

                       Total   Agri-
                       gross  culture,                          Transpor-                Finance,
                       state  forestry          Con-     Manu-  tation &   Whole-        insurance
                       prod-     &             struc-   factur-  public     sale  Retail  & real    Ser-  Govern-
                        uct   fishing  Mining   tion     ing    utilities  trade  trade   estate    vices  ment
                     --------------------------------------------------------------------------------------------
United States........   4.5     8.4    -15.0    2.5      4.1      6.0       2.8    7.4      5.6     5.1     2.5

Alaska ..............  -2.9      .7    -19.3   -2.4    -11.5      7.9       -.7    2.1      1.0     3.9      .7
Louisiana............  -2.7      .2    -23.1   -3.4     -8.4      2.8       -.7    4.9      8.6     1.1      .9
Mississippi..........    .8    -3.4    -18.9   -3.3     -3.9      5.6        .5    4.4      4.0     1.5     2.5
Delaware.............    .9     7.6      4.4   -3.6     -5.8      6.4       5.3    5.9       .2     4.7     1.9
Wyoming..............   1.2     2.3     -9.5    -.7      8.9      2.6      -1.0    5.3     14.7     3.2     2.2
Alabama .............   1.2    -3.1     -9.4   -1.5     -1.5      5.1       1.7    4.0      3.0     2.2      .2
West Virginia........   1.3    11.9      3.6    -.8      1.5     -2.6       -.8    4.7     -2.0     1.8     3.6
Arkansas.............   1.7     -.7    -25.1    3.0       .7      3.0       2.7    4.8      -.3     2.8     1.9
Hawaii .. ...........   1.9     4.5     11.1    5.7       .2      2.9       2.0    6.5      -.4     3.8     -.9
Oklahoma ............   2.0    14.6    -17.7    -.9      1.8      5.9       1.5    5.8      2.2     2.6     2.9
-----------------------------------------------------------------------------------------------------------------
Note: For the contributions of the industries to the percent change in total gross state product, see table 3.

In the slow-growing states, weakness was widespread, with real GSP in mining, construction, manufacturing, and wholesale trade declining in many of these states. Declines in Alaska and Louisiana and slow growth in Wyoming, Oklahoma, Arkansas, and Alabama reflected a decline in mining, primarily oil and gas extraction. Declines in manufacturing industries, mainly petroleum and coal products and motor vehicles and equipment manufacturing, contributed the most to slow growth in Mississippi and Delaware, respectively. Additional factors contributing to slow growth include:

  • In Alabama and Arkansas, declines in paper and allied products contributed significantly to the slow growth in real GSP.
  • In Hawaii, declines in state and local government and real estate contributed to the slow growth in real GSP.

State shares of U.S. current-dollar GSP in 2000

In 2000, current-dollar GSP for the nation was $9.9 trillion. California accounted for the largest share (13.5 percent) of the nation; its GSP has exceeded $1 trillion since 1997 (see table 4). The other four states with the largest shares of the U.S. total were New York (8.0 percent), Texas (7.5 percent), Florida (4.7 percent), and Illinois (4.7 percent). North Dakota, Vermont, Wyoming, Montana, and South Dakota had the smallest shares. Montana and South Dakota had shares of 0.2 percent of the U.S. total, while North Dakota, Vermont, and Wyoming were each less than 0.2 percent of the U.S. total. The states representing the five largest and five smallest shares did not change throughout the 1990s.

Sources of GSP revisions

The GSP estimates have been revised for 1998 and 1999 to incorporate the results of the most recent revisions of state personal income, of the national estimates of gross product by industry, and of the national income and product accounts (NIPA's). The revised GSP estimates also reflect incorporation of the 1999 Annual Survey of Manufactures (ASM). The ASM data are based on the North American Industry Classification System (NAICS) rather than on the Standard Industrial Classification System (SIC). For this revision, the 1999 ASM data were converted from NAICS to the SIC by BEA on the basis of information provided by the source agency (see "Industry classification" section below).

In general, the revisions to GSP as a percentage of the previously published estimates for all years are small. For the nation, current-dollar GSP was revised down $2.2 billion in 1998, and revised down $29.3 billion in 1999. For 1999, the five states with the largest downward percentage revisions were Alaska (-3.4 percent), New Mexico (-2.3 percent), Connecticut (-1.5 percent), Ohio (-1.5 percent), and New Hampshire (-1.4 percent).

The revisions in real GSP growth rates tend to be small. For 1998–99, the five states with the largest upward revisions to the growth rates of real GSP were Delaware (4.5 percentage points), South Dakota (2.0 percentage points), Louisiana (1.5 percentage points), West Virginia (1.5 percentage points), and Arizona (1.3 percentage points). The states with the largest downward revisions were Alaska (-2.6 percentage points), Rhode Island (-2.3 percentage points), Ohio (-1.4 percentage points), North Carolina (-1.4 percentage points), and Kentucky (-1.1 percentage points). For a detailed discussion of major sources of the revisions and of the impacts of the revisions, see "Gross State Product by Industry, 1998–2000" in a forthcoming issue of the Survey of Current Business.

Industry classification

In 1997, U.S. federal statistical agencies adopted NAICS — an economic classification system that groups establishments into industries based on similarity of production processes. NAICS provides a new framework for collecting, analyzing, and disseminating economic data on an industry basis. Much of BEA's source data, however, remain on a Standard Industrial Classification (SIC) basis. BEA plans to incorporate NAICS into its GSP estimates upon full implementation of NAICS by all of its source-data agencies in 2003–04. For more information, see "The North American Industry Classification System in BEA's Economic Accounts," Survey of Current Business (May 2001): 7-13.

Definitions

GSP is the value added in production by the labor and property located in a state. GSP for a state is derived as the sum of the GSP originating in all industries in the state.

The estimates of real GSP are derived by applying national implicit price deflators by detailed industry to the current-dollar GSP estimates by detailed industry. Then, in order to capture the differences across states that reflect the relative differences in the mix of goods and services that the states produce, the same chain-type index formula used in the national accounts is used to calculate the estimates of total real GSP and real GSP by major industry. For additional information, see "BEA's Chain Indexes, Time Series, and Measures of Long-Term Economic Growth," Survey of Current Business 77 (May 1997): 58-68; "Comprehensive Revision of Gross State Product by Industry, 1977–94," Survey 77 (June 1997): 28-29; and "Gross State Product by Industry, 1992–99," Survey 81 (August 2001): 69-90.

The 10 fast-growing states (and 10 slow-growing states) were selected because their real GSP growth rates for 1999–2000 are in the top (bottom) quintile of GSP growth rates for all states.

The relation of GSP to Gross Domestic Product (GDP)

In concept, an industry's GSP, referred to as its "value added," is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). Thus, GSP is often considered the state counterpart of the nation's GDP — BEA's featured measure of U.S. output. In practice, GSP estimates are measured as the sum of the distributions by industry and state of the components of gross domestic income — that is, the sum of the costs incurred and incomes earned in the production of GDP.

GSP for the nation differs from GDP for the following reasons: GSP is derived from gross domestic income, which differs from GDP by the statistical discrepancy; GSP excludes and GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and GSP and GDP have different revision schedules. In 1999–2000, real GDP grew 4.1 percent, and real GSP for the nation grew 4.5 percent.

Availability of detailed GSP estimates

GSP estimates for 63 industries for states, BEA regions, and the United States are available on BEA's Web site: www.bea.gov>. The site also contains BEA's major national, regional, international, and industry estimates; the Survey of Current Business; and BEA news releases.


Summary BEA estimates are available on recorded messages at the time of public release at the following telephone numbers:

       (202) 606-5306  Gross domestic product
             606-5303  Personal income and outlays
             606-5362  Summary of international transactions

Most of BEA's estimates and analyses are published in the Survey of Current Business, BEA's monthly journal. Subscriptions and single copies are for sale by the Superintendent of Documents, U.S. Government Printing Office. Internet: bookstore.gpo.gov>; phone: 202-512-1800; fax: 202-512-2250; mail: Stop SSOP, Washington, DC 20402-0001.


Regional Income and Product release dates for the rest of 2002:
   State Personal Income, First Quarter 2002 ................. July 24 (Wednesday)
   State Per Capita Personal Income, 2001 (revised) .......... September 23 (Monday)
   State Personal Income, Second Quarter 2002 ................ October 24 (Thursday)

                                Table 1. -- Real Gross State Product, 1993-2000
                                     [Millions of chained (1996) dollars]

------------------------------------------------------------------------------------------------------------------
                               1993       1994      1995       1996       1997       1998/r/    1999/r/    2000/p/
------------------------------------------------------------------------------------------------------------------
United States ............. 6,918,388  7,203,002  7,433,965  7,715,901  8,093,396  8,502,663  8,915,954  9,314,279

  New England .............   397,470    410,014    422,524    439,596    463,498    488,673    517,174    549,304
    Connecticut ...........   115,725    117,489    120,792    124,157    132,620    138,159    143,500    149,649
    Maine .................    27,286     27,755     28,256     28,925     29,958     31,121     32,480     33,201
    Massachusetts .........   186,680    195,171    200,537    210,127    219,716    233,981    251,482    269,308
    New Hampshire .........    28,808     30,122     32,630     35,068     37,131     39,965     42,801     46,134
    Rhode Island ..........    25,226     25,385     26,182     26,656     28,766     29,541     30,303     33,544
    Vermont ...............    13,794     14,115     14,133     14,662     15,304     15,921     16,656     17,536

  Mideast ................. 1,369,966  1,398,474  1,427,110  1,471,796  1,517,005  1,589,707  1,659,357  1,745,419
    Delaware ..............    25,984     26,657     28,236     29,001     30,142     30,594     32,155     32,432
    District of Columbia ..    51,216     50,657     49,737     48,505     49,265     49,613     51,426     53,695
    Maryland ..............   136,070    140,338    142,140    145,061    151,478    157,610    164,477    171,439
    New Jersey ............   262,674    268,019    275,002    285,738    294,088    304,851    317,157    338,065
    New York ..............   587,982    600,674    609,090    633,830    651,107    695,186    729,472    774,311
    Pennsylvania ..........   306,134    312,197    322,915    329,660    340,924    351,920    364,779    375,861

  Great Lakes ............. 1,113,225  1,176,832  1,206,844  1,243,554  1,300,504  1,360,725  1,408,263  1,446,493
    Illinois ..............   334,735    353,302    364,080    375,949    394,497    411,417    426,640    441,481
    Indiana ...............   138,501    145,882    150,037    155,096    161,059    171,703    177,911    182,367
    Michigan ..............   237,214    255,812    258,329    265,130    275,991    285,449    298,794    305,913
    Ohio ..................   276,024    290,068    299,232    306,333    322,050    337,650    344,072    351,764
    Wisconsin .............   126,748    131,788    135,169    141,046    146,903    154,512    160,847    164,971

  Plains ..................   451,991    478,541    493,438    516,213    541,882    561,737    580,620    602,305
    Iowa ..................    66,324     71,576     73,111     76,976     81,541     82,332     83,937     86,666
    Kansas ................    62,367     65,016     65,618     68,160     72,113     74,830     77,879     79,710
    Minnesota .............   123,146    130,178    133,804    141,540    150,415    158,919    166,118    174,746
    Missouri ..............   127,578    135,048    141,926    146,537    153,392    158,123    162,291    167,693
    Nebraska ..............    41,376     44,009     45,247     47,772     48,924     50,296     52,265     53,586
    North Dakota ..........    13,795     14,627     14,988     15,855     15,819     16,884     16,683     17,363
    South Dakota ..........    17,429     18,097     18,744     19,372     19,673     20,323     21,400     22,499

  Southeast ............... 1,485,361  1,564,909  1,625,905  1,684,304  1,761,146  1,841,807  1,916,484  1,985,095
    Alabama ...............    90,225     93,575     96,624     99,286    102,646    106,367    110,568    111,919
    Arkansas ..............    50,174     52,921     54,689     56,796     58,585     59,967     63,210     64,299
    Florida ...............   325,760    339,110    350,565    366,318    382,250    400,891    418,926    437,759
    Georgia ...............   183,173    195,330    206,415    219,520    231,808    245,966    261,323    273,633
    Kentucky ..............    84,543     89,569     92,794     95,536    100,210    104,359    106,479    109,914
    Louisiana .............   102,847    110,509    116,496    116,867    120,699    120,783    123,445    120,060
    Mississippi ...........    49,925     53,020     55,420     56,575     57,794     59,893     62,282     62,807
    North Carolina ........   176,163    188,574    197,500    204,329    218,108    232,122    242,442    255,914
    South Carolina ........    80,440     84,567     87,750     89,854     94,252     98,360    102,767    106,362
    Tennessee .............   127,108    134,440    138,632    142,051    149,239    156,836    162,302    166,618
    Virginia ..............   181,231    187,578    192,486    199,953    207,892    218,406    223,489    236,011
    West Virginia .........    33,813     35,723     36,569     37,220     37,668     37,791     39,210     39,715

  Southwest ...............   676,768    714,828    747,594    785,031    844,386    892,737    940,412    972,853
    Arizona ...............    89,911     98,339    105,397    112,882    120,763    130,720    141,192    150,320
    New Mexico ............    37,795     42,183     42,708     44,114     47,621     49,554     50,865     53,461
    Oklahoma ..............    69,173     70,081     71,819     74,855     78,111     80,759     83,250     84,912
    Texas .................   480,045    504,252    527,685    553,180    597,889    631,688    665,047    684,260

  Rocky Mountain ..........   196,568    208,044    219,072    230,695    245,237    259,522    276,544    294,168
    Colorado ..............    99,789    105,850    111,244    117,118    127,314    135,590    145,460    156,079
    Idaho .................    23,654     25,331     27,395     28,101     29,322     31,015     34,205     37,053
    Montana ...............    17,245     17,679     17,858     18,074     18,614     19,422     19,885     20,418
    Utah ..................    40,932     43,952     46,965     51,523     53,999     57,011     59,784     63,242
    Wyoming ...............    14,990     15,264     15,617     15,879     15,983     16,470     17,226     17,429

  Far West ................ 1,227,133  1,251,258  1,291,429  1,344,712  1,419,778  1,507,858  1,617,453  1,719,244
    Alaska ................    25,438     25,268     26,355     25,774     26,056     24,920     24,835     24,123
    California ............   898,829    911,249    941,853    973,395  1,029,232  1,096,091  1,180,625  1,266,944
    Hawaii ................    38,809     38,332     37,948     37,490     37,668     37,622     37,863     38,582
    Nevada ................    43,019     47,030     50,062     54,564     57,518     60,522     64,358     67,236
    Oregon ................    73,009     76,642     81,330     91,709     97,097    103,218    110,716    119,684
    Washington ............   148,188    152,882    153,987    161,779    172,216    185,474    199,074    203,151
------------------------------------------------------------------------------------------------------------------
  r  Revised.
  p  Preliminary.
  Note:  Chained (1996) dollar series are calculated (using national chain-type implicit price deflators) as the product of
the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100.  Because the
formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar
estimates are usually not additive; that is, state totals usually do not add to regional totals or to U.S. totals, and
regional totals usually do not add to U.S. totals.
  Source:  U.S. Bureau of Economic Analysis

***********************************************************************************************************************************************

                              Table 2. -- Percent Change in Real Gross State Product by Major Industry, 1999-2000

-------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                     Rank
                                                                                                                                    of per-
                              Total     Agri-                                Trans-                      Finance                     cent
                              gross    culture,   Mining    Con-     Manu-  portation   Whole-   Retail   insur-   Ser-    Govern-  change
                              state    forestry,           struc-   factur-   and        sale     trade    ance,   vices    ment   in total
                             product     and                tion      ing    public      trade           and real                    gross
                                       fishing                              utilities                     estate                     state
                                                                                                                                    product
-------------------------------------------------------------------------------------------------------------------------------------------
United States .............     4.5       8.4     -15.0      2.5       4.1      6.0       2.8       7.4     5.6      5.1      2.5   .......

  New England .............     6.2       5.7      17.9      4.7       5.9      5.7       2.9       9.4     7.9      6.5      2.2   .......
    Connecticut ...........     4.3       6.7      17.1      2.3       3.0      3.9        .7      10.0     6.4      2.3      2.6       21
    Maine .................     2.2       4.1       4.1      1.3      -3.3      2.9       3.7       7.1     0        4.8      3.2       39
    Massachusetts .........     7.1       6.1      19.1      7.4       7.5      7.6       3.0       9.2     7.3      9.1      1.1        7
    New Hampshire .........     7.8       2.3      15.2      2.4      13.3      4.9       7.8       8.9     7.5      6.8      1.7        4
    Rhode Island ..........    10.7       2.6      13.2      1.8       2.8      5.7       6.1      13.1    29.1      2.0      4.3        1
    Vermont ...............     5.3       9.2      23.7       .8       9.9      3.0       2.3       7.5     3.4      3.5      6.6       14

  Mideast .................     5.2       9.2        .3      3.3       5.2      5.8       3.4       8.0     7.4      4.2      1.5   .......
    Delaware ..............      .9       7.6       4.4     -3.6      -5.8      6.4       5.3       5.9      .2      4.7      1.9       47
    District of Columbia ..     4.4       5.5      -2.2      9.9      -3.1      7.1      -2.2       7.6     9.4      5.1      1.8   .......
    Maryland ..............     4.2      10.3      22.7      2.7       5.6      6.7       3.2       6.2     3.1      4.9      2.5       22
    New Jersey ............     6.6       8.4       8.3      4.4      16.4      4.8       6.0       9.9     7.0      3.3      1.2        8
    New York ..............     6.1       3.8       4.8      4.5       2.7      7.7       2.2       8.6    10.1      4.8       .6       10
    Pennsylvania ..........     3.0      14.5      -2.6      1.6       2.4      3.2       2.4       6.6     2.3      3.1      2.7       29

  Great Lakes .............     2.7       8.4      -2.9      1.0       1.1      3.4       1.7       6.2     3.6      3.0      2.2   .......
    Illinois ..............     3.5      15.9      -6.3      2.8       1.2      2.2       3.1       6.4     5.3      3.6      1.8       25
    Indiana ...............     2.5      24.9      -3.5     -1.7       1.7      3.9        .7       5.6     1.6      3.0      2.6       35
    Michigan ..............     2.4      -1.6     -14.0      2.8       1.9      4.7       1.0       5.9     1.1      2.7      1.7       36
    Ohio ..................     2.2      16.5       5.1      -.9       -.2      2.6       1.0       6.2     3.8      2.1      2.9       38
    Wisconsin .............     2.6      -7.7      11.7      -.3        .9      6.4        .9       6.8     3.4      3.2      2.3       33

  Plains ..................     3.7      14.0      -7.3       .4       1.7      8.5        .3       5.8     4.4      3.9      2.2   .......
    Iowa ..................     3.3      30.4      16.6     -5.1       2.6      8.6      -4.2       5.1     2.0      2.5      1.9       27
    Kansas ................     2.4      -4.0     -17.9      -.1      -3.5     15.6       1.2       4.8     3.1      1.6      1.6       37
    Minnesota .............     5.2      10.7       1.9      3.2       3.5      7.5       1.5       7.1     7.9      5.3      2.7       15
    Missouri ..............     3.3      26.2       4.2      1.7       1.2      7.8        .7       5.0     1.5      4.2      2.5       26
    Nebraska ..............     2.5        .9      11.2     -1.5       2.8      3.9       1.2       6.7     2.0      4.0      -.1       34
    North Dakota ..........     4.1      17.0     -14.4     -9.2       3.8      5.2       -.9       5.4    11.1      2.8      6.5       23
    South Dakota ..........     5.1      21.5       4.5      2.2       2.9      2.2       -.6       6.9     7.1      2.4      4.0       16

  Southeast ...............     3.6       9.9     -14.6      1.4       1.0      5.4       3.1       6.1     4.8      5.0      2.6   .......
    Alabama ...............     1.2      -3.1      -9.4     -1.5      -1.5      5.1       1.7       4.0     3.0      2.2       .2       45
    Arkansas ..............     1.7       -.7     -25.1      3.0        .7      3.0       2.7       4.8     -.3      2.8      1.9       43
    Florida ...............     4.5       6.7       4.3      4.6       3.1      4.9       4.9       7.3     1.6      6.4      3.2       19
    Georgia ...............     4.7       4.1      12.2      2.2       -.4      7.0       4.0       6.8     8.8      6.1      2.6       18
    Kentucky ..............     3.2      28.2      -3.3       .4       1.7      6.0       2.9       4.7     5.0      2.2      1.9       28
    Louisiana .............    -2.7        .2     -23.1     -3.4      -8.4      2.8       -.7       4.9     8.6      1.1       .9       49
    Mississippi ...........      .8      -3.4     -18.9     -3.3      -3.9      5.6        .5       4.4     4.0      1.5      2.5       48
    North Carolina ........     5.6      27.1      13.3       .3       5.2      3.3       1.9       6.3     9.5      4.6      3.4       13
    South Carolina ........     3.5      14.8      10.4     -1.2       3.3      8.2       3.5       4.4     2.9      1.9      3.7       24
    Tennessee .............     2.7      17.8       6.1      -.8       1.1      6.1        .1       5.9     3.5      2.8       .5       32
    Virginia ..............     5.6      14.4       1.4      4.1        .5      7.5       5.6       7.0     5.4      8.9      3.9       12
    West Virginia .........     1.3      11.9       3.6      -.8       1.5     -2.6       -.8       4.7    -2.0      1.8      3.6       44

  Southwest ...............     3.4       5.8     -19.4      3.1       6.2      8.3       2.5       7.7     2.9      4.8      3.0   .......
    Arizona ...............     6.5       1.9      -6.4      3.8      14.4      7.7       3.3       9.1     3.4      6.4      2.9        9
    New Mexico ............     5.1       1.2     -12.7      3.5      25.5      9.1        .5       4.8     2.8      3.3      1.8       17
    Oklahoma ..............     2.0      14.6     -17.7      -.9       1.8      5.9       1.5       5.8     2.2      2.6      2.9       41
    Texas .................     2.9       5.4     -20.7      3.3       3.6      8.6       2.6       7.8     2.8      4.8      3.1       30

  Rocky Mountain ..........     6.4       2.4     -10.5      4.4       7.4      9.2       6.2       6.9     9.1      7.9      3.1   .......
    Colorado ..............     7.3        .4     -15.5      9.2       5.1     11.4       9.4       9.3     6.6      9.6      2.4        6
    Idaho .................     8.3       5.8      -8.2      1.7      22.3      6.4       3.5       7.7     2.2      6.8      2.7        2
    Montana ...............     2.7      -2.9      -4.6     -3.2      -2.2      6.5        .8       4.8     4.3      3.8      4.1       31
    Utah ..................     5.8       6.9      -6.6     -1.7        .4      7.4       3.0       2.4    18.3      5.6      4.5       11
    Wyoming ...............     1.2       2.3      -9.5      -.7       8.9      2.6      -1.0       5.3    14.7      3.2      2.2       46

  Far West ................     6.3       6.7     -12.9      4.1       9.6      5.8       3.8       9.4     5.5      7.3      3.5   .......
    Alaska ................    -2.9        .7     -19.3     -2.4     -11.5      7.9       -.7       2.1     1.0      3.9       .7       50
    California ............     7.3       6.3     -11.0      6.6      10.1      4.4       4.1       9.9     6.3      9.5      4.3        5
    Hawaii ................     1.9       4.5      11.1      5.7        .2      2.9       2.0       6.5     -.4      3.8      -.9       42
    Nevada ................     4.5      10.3      -7.0     -5.1       7.1      7.4       2.6      10.6     7.5      4.4      3.0       20
    Oregon ................     8.1       6.2      15.3      1.2      22.8      6.5       2.7       5.4      .8      4.9      2.7        3
    Washington ............     2.0       9.6       6.6      1.2      -4.6     12.3       3.6       9.2     2.8     -1.9      2.0       40
-------------------------------------------------------------------------------------------------------------------------------------------
  Source:  U.S. Bureau of Economic Analysis

*****************************************************************************************************************************************

                        Table 3. -- Contributions to Percent Change in Real Gross State Product, 1999-2000

-----------------------------------------------------------------------------------------------------------------------------------------
                              Average                                           Percentage points
                               annual   -------------------------------------------------------------------------------------------------
                              percent    Agri-                                  Trans-                        Finance
                               change   culture,   Mining    Con-      Manu-   portation   Whole-   Retail     insur-    Ser-     Govern-
                              in total  forestry,           struc-    factur-    and        sale     trade      ance,    vices     ment
                               gross      and                tion       ing     public      trade             and real
                               state    fishing                                utilities                       estate
                              product
-----------------------------------------------------------------------------------------------------------------------------------------
United States .............       4.5      0.11     -0.20      0.12      0.64      0.49      0.19      0.65      1.08      1.09      0.30

  New England .............       6.2       .04       .01       .20       .88       .34       .20       .77      2.00      1.57       .21
    Connecticut ...........       4.3       .04       .01       .08       .48       .23       .04       .78      1.87       .52       .22
    Maine .................       2.2       .08       0         .06      -.53       .20       .21       .81      -.01       .96       .44
    Massachusetts .........       7.1       .03       .01       .32      1.01       .43       .22       .71      1.79      2.48       .10
    New Hampshire .........       7.8       .02       .01       .11      2.66       .29       .52       .86      1.82      1.37       .14
    Rhode Island ..........      10.7       .02       0         .10       .38       .39       .32      1.16      7.37       .44       .52
    Vermont ...............       5.3       .20       .04       .03      1.68       .22       .13       .73       .62       .79       .84

  Mideast .................       5.2       .05       0         .13       .65       .46       .22       .59      1.92       .99       .18
    Delaware ..............        .9       .06       0        -.16      -.95       .32       .21       .40       .09       .72       .17
    District of Columbia ..       4.4       0         0         .09      -.05       .36      -.03       .21      1.23      1.94       .66
    Maryland ..............       4.2       .08       .02       .15       .45       .50       .20       .54       .66      1.20       .44
    New Jersey ............       6.6       .04       .01       .17      2.07       .47       .56       .73      1.66       .76       .12
    New York ..............       6.1       .02       0         .15       .29       .56       .13       .58      3.24      1.12       .07
    Pennsylvania ..........       3.0       .13      -.02       .07       .46       .28       .14       .57       .43       .70       .28

  Great Lakes .............       2.7       .08      -.01       .05       .25       .26       .12       .54       .60       .59       .23
    Illinois ..............       3.5       .13      -.02       .13       .19       .20       .24       .51      1.09       .83       .18
    Indiana ...............       2.5       .24      -.01      -.09       .54       .29       .04       .50       .22       .51       .26
    Michigan ..............       2.4      -.02      -.04       .14       .52       .30       .07       .53       .16       .54       .18
    Ohio ..................       2.2       .14       .02      -.04      -.06       .19       .07       .59       .62       .40       .31
    Wisconsin .............       2.6      -.14       .02      -.02       .24       .45       .06       .62       .53       .57       .25

  Plains ..................       3.7       .35      -.04       .02       .31       .79       .02       .54       .72       .77       .26
    Iowa ..................       3.3      1.02       .04      -.23       .59       .71      -.32       .45       .32       .44       .23
    Kansas ................       2.4      -.12      -.27       0        -.61      1.89       .09       .46       .40       .29       .21
    Minnesota .............       5.2       .19       .01       .17       .63       .55       .12       .65      1.48      1.11       .27
    Missouri ..............       3.3       .31       .01       .09       .23       .77       .05       .47       .24       .87       .29
    Nebraska ..............       2.5       .04       .02      -.07       .40       .42       .09       .57       .31       .77      -.01
    North Dakota ..........       4.1       .82      -.57      -.52       .33       .51      -.08       .53      1.61       .53       .91
    South Dakota ..........       5.1      1.45       .02       .10       .39       .17      -.04       .69      1.40       .44       .51

  Southeast ...............       3.6       .14      -.22       .07       .17       .47       .21       .59       .80       .98       .35
    Alabama ...............       1.2      -.06      -.12      -.07      -.30       .43       .11       .40       .44       .37       .03
    Arkansas ..............       1.7      -.03      -.21       .14       .16       .31       .17       .54      -.04       .43       .23
    Florida ...............       4.5       .11       .01       .24       .22       .41       .37       .81       .36      1.57       .39
    Georgia ...............       4.7       .05       .04       .11      -.07       .78       .36       .62      1.35      1.17       .31
    Kentucky ..............       3.2       .53      -.06       .02       .48       .48       .18       .43       .57       .36       .25
    Louisiana .............      -2.7       0       -3.31      -.17     -1.28       .24      -.04       .41      1.10       .20       .10
    Mississippi ...........        .8      -.09      -.22      -.16      -.80       .51       .03       .46       .46       .26       .39
    North Carolina ........       5.6       .41       .02       .01      1.26       .23       .12       .54      1.79       .76       .42
    South Carolina ........       3.5       .16       .02      -.08       .71       .72       .22       .47       .40       .32       .56
    Tennessee .............       2.7       .16       .02      -.04       .23       .50       .01       .65       .50       .57       .06
    Virginia ..............       5.6       .12       .01       .20       .06       .66       .32       .59       .95      2.01       .69
    West Virginia .........       1.3       .08       .23      -.04       .24      -.29      -.04       .46      -.24       .32       .56

  Southwest ...............       3.4       .08     -1.14       .15       .89       .82       .18       .72       .44       .95       .35
    Arizona ...............       6.5       .03      -.05       .22      2.16       .54       .22       .95       .64      1.41       .35
    New Mexico ............       5.1       .02     -1.20       .15      3.73       .66       .02       .43       .37       .59       .31
    Oklahoma ..............       2.0       .31     -1.01      -.04       .30       .54       .09       .58       .28       .48       .46
    Texas .................       2.9       .07     -1.37       .16       .49       .93       .20       .71       .42       .94       .34

  Rocky Mountain ..........       6.4       .05      -.34       .28       .85       .99       .38       .67      1.44      1.65       .40
    Colorado ..............       7.3       .01      -.29       .59       .50      1.36       .59       .88      1.14      2.24       .29
    Idaho .................       8.3       .31      -.04       .12      4.68       .51       .22       .76       .27      1.13       .37
    Montana ...............       2.7      -.12      -.17      -.18      -.16       .74       .05       .47       .60       .79       .66
    Utah ..................       5.8       .07      -.12      -.11       .05       .63       .19       .25      3.03      1.15       .65
    Wyoming ...............       1.2       .05     -2.26      -.04       .56       .35      -.04       .37      1.53       .35       .29

  Far West ................       6.3       .13      -.13       .19      1.31       .44       .25       .84      1.14      1.73       .40
    Alaska ................      -2.9       .01     -4.35      -.11      -.48      1.20      -.02       .15       .10       .50       .13
    California ............       7.3       .12      -.08       .27      1.41       .32       .27       .88      1.39      2.25       .47
    Hawaii ................       1.9       .05       .01       .24       .01       .29       .08       .69      -.09       .82      -.19
    Nevada ................       4.5       .08      -.14      -.54       .29       .58       .12      1.08      1.30      1.40       .31
    Oregon ................       8.1       .16       .02       .07      5.40       .45       .20       .45       .13       .89       .33
    Washington ............       2.0       .19       .01       .06      -.59       .96       .25       .86       .50      -.47       .26
-----------------------------------------------------------------------------------------------------------------------------------------
  Source:  U.S. Bureau of Economic Analysis

******************************************************************************************************************************************************

                                     Table 4. -- Gross State Product in Current Dollars, 1993-2000
                                                      [Millions of dollars]

--------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                              Percentage of
                                                                                                                               U.S. total
                                1993        1994        1995        1996        1997        1998/r/     1999/r/     2000/p/  ---------------
                                                                                                                               1999    2000
--------------------------------------------------------------------------------------------------------------------------------------------
United States .............  6,513,026   6,930,791   7,309,516   7,715,901   8,224,960   8,750,174   9,279,697   9,941,552     100.0   100.0

  New England .............    373,298     394,406     416,166     439,596     471,336     503,940     537,962     582,776       5.8     5.9
    Connecticut ...........    107,924     112,395     118,645     124,157     134,968     142,701     149,483     159,288       1.6     1.6
    Maine .................     25,358      26,501      27,987      28,925      30,409      32,208      34,196      35,981        .4      .4
    Massachusetts .........    175,729     188,000     197,469     210,127     223,571     241,369     261,307     284,934       2.8     2.9
    New Hampshire .........     27,507      29,410      32,388      35,068      37,470      40,529      43,616      47,708        .5      .5
    Rhode Island ..........     23,627      24,352      25,703      26,656      29,409      30,838      32,154      36,453        .3      .4
    Vermont ...............     13,154      13,747      13,974      14,662      15,510      16,294      17,206      18,411        .2      .2

  Mideast .................  1,282,906   1,341,317   1,403,270   1,471,796   1,547,124   1,649,536   1,729,486   1,848,116      18.6    18.6
    Delaware ..............     23,827      25,122      27,575      29,001      31,263      32,693      34,983      36,336        .4      .4
    District of Columbia ..     46,596      47,484      48,408      48,505      50,546      52,145      55,447      59,397        .6      .6
    Maryland ..............    126,442     133,952     139,495     145,061     154,646     164,100     174,161     186,108       1.9     1.9
    New Jersey ............    246,727     258,079     271,435     285,738     299,986     316,875     332,964     363,089       3.6     3.7
    New York ..............    551,161     575,585     597,593     633,830     663,377     718,686     749,421     799,202       8.1     8.0
    Pennsylvania ..........    288,154     301,096     318,765     329,660     347,306     365,038     382,510     403,985       4.1     4.1

  Great Lakes .............  1,052,019   1,138,906   1,191,441   1,243,554   1,317,428   1,396,841   1,459,512   1,530,982      15.7    15.4
    Illinois ..............    317,248     342,322     359,451     375,949     400,327     423,175     442,297     467,284       4.8     4.7
    Indiana ...............    131,485     141,735     148,447     155,096     162,953     176,110     183,818     192,195       2.0     1.9
    Michigan ..............    222,886     246,812     254,179     265,130     279,503     293,173     311,304     325,384       3.4     3.3
    Ohio ..................    260,891     280,850     295,668     306,333     326,451     346,648     356,523     372,640       3.8     3.7
    Wisconsin .............    119,508     127,187     133,694     141,046     148,194     157,735     165,570     173,478       1.8     1.7

  Plains ..................    424,025     459,515     484,013     516,213     547,790     575,122     599,847     635,821       6.5     6.4
    Iowa ..................     62,764      69,169      71,687      76,976      81,695      83,069      85,158      89,600        .9      .9
    Kansas ................     58,380      62,206      64,069      68,160      72,998      76,648      80,701      85,063        .9      .9
    Minnesota .............    115,420     125,017     131,841     141,540     152,334     163,009     171,846     184,766       1.9     1.9
    Missouri ..............    119,680     129,957     139,547     146,537     155,811     163,425     169,699     178,845       1.8     1.8
    Nebraska ..............     38,665      42,032      44,084      47,772      49,275      51,349      53,747      56,072        .6      .6
    North Dakota ..........     12,855      13,895      14,529      15,855      15,910      17,053      16,988      18,283        .2      .2
    South Dakota ..........     16,261      17,240      18,257      19,372      19,767      20,570      21,709      23,192        .2      .2

  Southeast ...............  1,400,329   1,504,102   1,599,405   1,684,304   1,791,586   1,905,267   2,022,668   2,156,521      21.8    21.7
    Alabama ...............     84,497      89,740      95,514      99,286     104,213     109,672     115,350     119,921       1.2     1.2
    Arkansas ..............     47,188      50,921      53,809      56,796      59,141      61,298      65,067      67,724        .7      .7
    Florida ...............    305,036     325,556     344,771     366,318     389,473     415,564     441,107     472,105       4.8     4.7
    Georgia ...............    172,220     187,645     203,505     219,520     235,733     254,891     276,487     296,142       3.0     3.0
    Kentucky ..............     80,882      86,905      91,472      95,536     101,535     107,648     112,379     118,508       1.2     1.2
    Louisiana .............     95,587     104,055     112,157     116,867     123,549     122,580     127,992     137,700       1.4     1.4
    Mississippi ...........     47,384      51,358      54,562      56,575      58,743      61,709      64,779      67,315        .7      .7
    North Carolina ........    168,830     182,234     194,634     204,329     221,629     241,220     260,572     281,741       2.8     2.8
    South Carolina ........     75,955      81,515      86,880      89,854      95,447     101,384     107,219     113,377       1.2     1.1
    Tennessee .............    119,758     129,671     136,821     142,051     151,738     162,228     170,402     178,362       1.8     1.8
    Virginia ..............    170,754     179,727     188,963     199,953     212,105     228,049     240,688     261,355       2.6     2.6
    West Virginia .........     32,240      34,774      36,315      37,220      38,281      39,024      40,626      42,271        .4      .4

  Southwest ...............    640,277     687,205     730,598     785,031     858,147     904,979     965,063   1,044,714      10.4    10.5
    Arizona ...............     85,483      95,747     104,586     112,882     122,273     132,897     144,440     156,303       1.6     1.6
    New Mexico ............     37,110      41,772      42,170      44,114      47,829      48,488      49,853      54,364        .5      .5
    Oklahoma ..............     65,035      66,979      69,960      74,855      79,423      82,189      85,834      91,773        .9      .9
    Texas .................    452,649     482,707     513,882     553,180     608,622     641,405     684,936     742,274       7.4     7.5

  Rocky Mountain ..........    185,006     200,012     214,923     230,695     249,183     266,375     287,107     314,569       3.1     3.2
    Colorado ..............     93,588     101,531     109,021     117,118     129,575     139,860     152,202     167,918       1.6     1.7
    Idaho .................     22,758      24,893      27,155      28,101      29,388      31,041      34,104      37,031        .4      .4
    Montana ...............     16,151      16,952      17,537      18,074      18,907      19,971      20,564      21,777        .2      .2
    Utah ..................     38,395      42,236      46,290      51,523      55,070      59,084      62,780      68,549        .7      .7
    Wyoming ...............     14,114      14,400      14,920      15,879      16,244      16,420      17,457      19,294        .2      .2

  Far West ................  1,155,166   1,205,328   1,269,700   1,344,712   1,442,365   1,548,113   1,678,050   1,828,052      18.1    18.4
    Alaska ................     23,014      23,104      24,791      25,774      26,575      24,651      25,444      27,747        .3      .3
    California ............    847,879     879,041     925,931     973,395   1,045,254   1,125,331   1,223,474   1,344,623      13.2    13.5
    Hawaii ................     36,308      36,766      37,243      37,490      38,537      39,371      40,486      42,364        .4      .4
    Nevada ................     39,929      45,022      49,377      54,564      59,248      63,786      69,458      74,745        .7      .8
    Oregon ................     69,810      75,087      81,092      91,709      97,510     102,943     109,850     118,637       1.2     1.2
    Washington ............    138,225     146,308     151,265     161,779     175,242     192,031     209,338     219,937       2.3     2.2
--------------------------------------------------------------------------------------------------------------------------------------------
  r  Revised.
  p  Preliminary.
  Note:  Estimates may not add to totals due to rounding.
  Source:  U.S. Bureau of Economic Analysis
******************************************************************************************************************************************************