May 4, 2018
- Real gross domestic product (GDP) increased in 47 states and the District of Columbia in the fourth quarter of 2017. The percent change in real GDP ranged from 5.2 percent in Texas to –1.3 percent in North Dakota.
- Mining and construction were the leading contributors to the increase in real GDP in Texas, the fastest growing state. Agriculture, forestry, fishing, and hunting subtracted from growth in North Dakota and South Dakota—the only two states with decreases in fourth quarter real GDP.
- Durable goods manufacturing increased 7.2 percent nationally and contributed to growth in every state and the District of Columbia. This industry was the leading contributor to growth the increases in real GDP in five of the top ten fastest growing states.
For more information, read the full report.