Recent Updates
- US: Construction (May+revisions)
- Macao: Gross Revenue from Game of Chance (Jun)
- Manufacturing PMIs: Australia, Ireland, Japan, China, Taiwan, Myanmar, Malaysia, Philippines, South Korea, Indonesia, Vietnam, Thailand, ASEAN, India, Russia, Kazakhstan, Poland, Netherlands,
- more updates...
Economy in Brief
U.S. Chicago Business Barometer Falls Back in June to the Lowest Level since Aug. '20
The ISM-Chicago Purchasing Managers Business Barometer fell to 56.0...
U.S. Unemployment Claims Edged Down
Initial claims for unemployment insurance filed in the week ended June 25 declined by 2,000 to 231,000...
China's PMIs Improve in June
China's economy has been under pressure...
U.S. GDP Decline is Deepened in Q1'22; Corporate Profit Growth is Shaved
Domestic demand growth reduced...
U.S. Mortgage Applications Continued to Rise, but only Slightly
The MBA mortgage applications edged up 0.7% w/w...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
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).