50 States and DC GDP Data Released for Q3 2018

[dimondpark]

Q3 2018 GDP data was released last month by bea.gov, and here is the 12-month state gdp for that time period.

Lots to glean here are as far as growth.

RANK/STATE/Q3 2017-Q3 2018 GDP
1 CALIFORNIA $2,971,045,000,000
2 TEXAS $1,782,861,000,000
3 NEW YORK $1,694,952,000,000
4 FLORIDA $1,042,886,000,000
5 ILLINOIS $867,714,000,000

6 PENNSYLVANIA $797,782,000,000
7 OHIO $679,824,000,000
8 NEW JERSEY $634,346,000,000
9 GEORGIA $594,513,000,000
10 MASSACHUSETTS $576,567,000,000

11 NORTH CAROLINA $569,781,000,000
12 WASHINGTON $568,575,000,000
13 VIRGINIA $539,353,000,000
14 MICHIGAN $537,994,000,000
15 MARYLAND $418,594,000,000

16 INDIANA $373,282,000,000
17 TENNESSEE $369,345,000,000
18 COLORADO $369,160,000,000
19 MINNESOTA $366,530,000,000
20 ARIZONA $349,850,000,000

21 WISCONSIN $339,100,000,000
22 MISSOURI $320,087,000,000
23 CONNECTICUT $276,191,000,000
24 LOUISIANA $252,028,000,000
25 OREGON $241,670,000,000

26 SOUTH CAROLINA $232,804,000,000
27 ALABAMA $223,387,000,000
28 KENTUCKY $211,535,000,000
29 OKLAHOMA $202,345,000,000
30. IOWA $191,272,000,000

31 UTAH $178,305,000,000
32 NEVADA $170,313,000,000
33 KANSAS $165,415,000,000
(WASHINGTON DC $141,987,000,000)
34 ARKANSAS $128,887,000,000
35 NEBRASKA $124,577,000,000

36 MISSISSIPPI $114,232,000,000
37 NEW MEXICO $99,583,000,000
38 HAWAII $91,951,000,000
39 NEW HAMPSHIRE $86,701,000,000
40 WEST VIRGINIA $78,345,000,000

41 IDAHO $77,057,000,000
42 DELAWARE $75,701,000,000
43 MAINE $64,830,000,000
44 RHODE ISLAND $61,888,000,000
45 NORTH DAKOTA $55,968,000,000

46 ALASKA $54,628,000,000
47 SOUTH DAKOTA $52,218,000,000
48 MONTANA $50,067,000,000
49 WYOMING $40,995,000,000
50 VERMONT $33,846,000,000

UNITED STATES $20,658,204,000,000

This reflects data for 7 quarters(21 months)
(In millions of dollars)
State Q3/2018......Q1/2017....Growth
CA $2,971,045...$2,733,997...+$237,048
TX $1,782,861...$1,612,051...+$170,810
NY $1,694,952...$1,584,879...+$110,073
FL $1,042,886...$962,766...+$80,110
IL $867,714...$812,182...+$55,529

PA $797,782...$742,609...+$55,173
OH $679,824...$635,457...+$44,367
NJ $634,346...$591,621...+$42,725
GA $594,513...$554,594...+$39,919
MA $576,567...$533,142...+$43,425

NC $569,781...$532,054...+$37,727
WA $568,575...$511,540...+$57,035
VA $539,353...$503,258...+36,095
MI $537,994...$501,241...+$36,753
MD $418,594...$393,481...+$25,113

IN $373,282...$348,509...+$24,773
TN $369,345...$343,717...+$25,628
CO $369,160...$338,483...+$30,677
MN $366,530...$347,440...+$19,090
AZ $349,850...$320,908...+$28,942

WI $339,100...$317,000...+$22,100
MO $320,087...$298,567...+$21,520
CT $276,191...$261,436...+$14,755
LA $252,028...$233,242...+$19,786
OR $241,670...$221,924...+$19,746

SC $232,804...$219,459...+$13,345
AL $223,387...$208,367...+$15,020
KY $211,535...$198,642...+$12,893
OK $202,345...$184,718...+$17,627
IA $191,272...$182,173...+$9,099

UT $178,305...$161,432...+$16,873
NV $170,313...$155,207...+$15,106
KS $165,415...$157,593...+$7,822
(DC $141,987)...$133,886...+$8,101
AR $128,887...$121,614...+$7,273
NE $124,577...$117,793...+$7,684

MS $114,232...$108,590...+$5,642
NM $99,583...$93,119...+$6,464
HI $91,951...$87,712...+$4,239
NH $86,701...$80,474...+$6,227
WV $78,345...$73,118...+$5,227

ID $77,057...$70,530...+$6,527
DE $75,701...$72,134...+$3,567
ME $64,830...$60,939...+$3,891
RI $61,888...$58,298...+$3,590
ND $55,968...$51,374...+$4,594

AK $54,628...$50,784...+$3,844
SD $52,218.. $49,395...+$2,823
MT $50,067...$46,572...$3,495
WY $40,995...$37,098...+$3,897
VT $33,846...$32,251...+$1,595

US $19,162,550...$20,658,204...+$1,495,654

[ocman]

For comparison, here are national economies in billions.

1 United States 20,412.87
2 China 14,092.51
3 Japan 5,167.05
4 Germany 4,211.64
5 United Kingdom 2,936.29
6 France 2,925.10
7 India 2,848.23
8 Italy 2,181.97
9 Brazil 2,138.92
10 Canada 1,798.51
11 Russia 1,719.90
12 Korea 1,693.25
13 Spain 1,506.44
14 Australia 1,500.26
15 Mexico 1,212.83
16 Indonesia 1,074.97
17 Netherlands 945.33
18 Turkey 909.89
19 Saudi Arabia 748.00
20 Switzerland 741.69
21 Argentina 625.92
22 Poland 614.19
23 Taiwan Province of China
24 Sweden 600.77
25 Belgium 562.23

I’m just happy California kicked the UK’s ass last year.

[Sun Belt]

Originally Posted by ocman

I’m just happy California kicked the UK’s ass last year.

Texas is about to kick Canada's ass as well.

[Shawn]

I’m still always shocked to see Mass has a bigger economy than Virginia, North Carolina, or Michigan. Especially Virginia.

[bnk]

[dimondpark]

Courtesy of Parhe@CD

Per Capita Rank/Per Capita Figure/State/GDP Rank/Population Rank
01) $86,732.88 New York [03] [04]
02) $83,634.42 Massachusetts [10] [15]
03) $78,270.54 Delaware [42] [45]
04) $77,306.72 Connecticut [23] [29]
05) $75,451.95 Washington [12] [13]

06) $75,107.86 California [01] [01]
07) $74,078.09 Alaska [46] [48]
08) $73,634.64 North Dakota [45] [47]
09) $71,206.67 New Jersey [08] [11]
10) $70,957.89 Wyoming [49] [50]

11) $69,272.47 Maryland [15] [19]
12) $68,103.65 Illinois [05] [06]
13) $65,321.39 Minnesota [19] [22]
14) $64,572.16 Nebraska [35] [37]
15) $64,815.35 Colorado [18] [21]

16) $64,731.84 Hawaii [38] [40]
17) $63,917.20 New Hampshire [39] [41]
18) $63,321.55 Virginia [13] [12]
$62,490.26 US per Capita
19) $62,292.36 Pennsylvania [06] [05]

20) $62,116.60 Texas [02] [02]
21) $60,603.05 Iowa [30] [31]
$59,437.96 US States Per Capita Mean
22) $59,188.31 South Dakota [47] [46]
23) $58,533.17 Rhode Island [44] [44]

24) $58,329.07 Wisconsin [21] [20]
25) $58,159.10 Ohio [07] [07]
$57,913.55 US States per Capita Median
26) $57,667.99 Oregon [25] [27]
27) $56,814.26 Kansas [33] [35]

28) $56,515.46 Georgia [09] [08]
29) $56,405.91 Utah [31] [30]
30) $56,127.55 Nevada [32] [32]
31) $55,781.35 Indiana [16] [17]
32) $54,873.06 North Carolina [11] [09]

33) $54,556.05 Tennessee [17] [16]
34) $54,073.52 Louisiana [24] [25]
35) $54,041.28 Vermont [50] [49]
36) $53,821.39 Michigan [14] [10]
37) $52,246.72 Missouri [22] [18]

38) $51,316.50 Oklahoma [29] [28]
39) $48,963.34 Florida [04] [03]
40) $48,782.39 Arizona [20] [14]
41) $48,438.29 Maine [43] [42]
42) $47,523.94 New Mexico [37] [36]

43) $47,340.19 Kentucky [28] [26]
44) $47,130.53 Montana [48] [43]
45) $45,790.36 South Carolina [26] [23]
46) $45,703.31 Alabama [27] [24]
47) $43,926.95 Idaho [41] [39]

48) $43,384.43 West Virginia [40] [38]
49) $42,765.26 Arkansas [34] [33]
50) $38,249.07 Mississippi [36] [34]

00) $202,129.67 District of Columbia [NA] [NA]

[IrishIllini]

Regionally, looks like the West is leading the pack in terms of % growth, followed by the South, Midwest, and East. Per capital #s are interesting as well.

I’m curious what others think. There doesn’t seem to be a strong correlation between GDP growth and population growth in many of these states. Any guesses why?