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Jul 27, 2016

BEA News Release on July 26, 2016: Gross Domestic Product by State, 1st quarter 2016

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
Real gross domestic product (GDP) increased in 37 states and the District of Columbia in the first quarter of 2016, according to statistics on the geographic breakout of GDP released today by the Bureau of Economic Analysis.
Real GDP by state growth, at an annual rate, ranged from 3.9 percent in Arkansas to -11.4 percent in North Dakota. Construction; health care and social assistance; and retail trade were the leading contributors to U.S. economic growth in the first quarter.

The full text of the release on BEA's Web site can be found at http://www.bea.gov/newsreleases/regional/gdp_state/qgsp_newsrelease.htm