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Economy in Brief

State GDP in 2021:Q1
by Charles Steindel  June 25, 2021

Real GDP growth by state in Q1 was fairly uniform in the first quarter. 46 states are estimated to have had annual real growth rates between 4.3 and 7.9 percent. Four were stronger: Nevada, whose 10.9 percent was the leader, Utah, New Hampshire, and West Virginia. Texas was dead last (not counting DC’s 2.9 percent growth rate). Undoubtedly the massive cold wave and electric power outages weighed down the Lone Star state during the winter. Nevada was boosted by the start of the revival in travel (Hawaii, though, had less than half the growth of Nevada).

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