Gross Domestic Product by State, 2nd Quarter 2023

Real gross domestic product (GDP) increased in 44 states and the District of Columbia in the second quarter of 2023, with the percent change ranging from 8.7 percent in Wyoming to –1.9 percent in Vermont.

In the second quarter of 2023, while real GDP for the nation grew at an annual rate of 2.1 percent, real GDP increased in 14 of the 23 industry groups for which the U.S. Bureau of Economic Analysis prepares quarterly state estimates.

• Utilities increased in all 50 states and the District of Columbia and was the leading contributor to growth in 22 states.
   
• Mining increased in 43 states and was the leading contributor to growth in 8 states, including Wyoming, the state with the largest increase in real GDP.
   
• Accommodation and food services decreased in 49 states and the District of Columbia and was the leading contributor to the decrease in Vermont, the state with the largest decline in real GDP.

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