October 2, 2020
Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia in the second quarter of 2020, as real GDP for the nation decreased at an annual rate of 31.4 percent. The percent change in real GDP in the second quarter ranged from –20.4 percent in the District of Columbia to –42.2 percent in Hawaii and Nevada.
- Accommodation and food services; healthcare and social assistance; and durable goods manufacturing were the leading contributors to the decrease in real GDP nationally.
- Accommodation and food services was the leading contributor to the decreases in 17 states including Hawaii and Nevada, the states with the largest decreases.
- Healthcare and social assistance was the leading contributor to the decreases in 18 states including Tennessee, the state with the third largest decrease.
- Durable goods manufacturing was the leading contributor to the decreases in eight states.
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