10 December 2015

Q2 Data from Bureau of Economic Analysis

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
Real gross domestic product (GDP) increased in 46 states and the District of Columbia in the second quarter of 2015. Overall, U.S. real GDP by state grew at an annual rate of 3.8 percent in the second quarter of 2015 after increasing 0.7 percent in the first quarter of 2015. Finance and insurance; professional, scientific, and technical services; and wholesale trade were the leading contributors to real U.S. economic growth in the second quarter.
Finance and insurance; professional, scientific, and technical services; and wholesale trade were the leading contributors to real U.S. economic growth in the second quarter.

Mining decreased 17.9 percent and subtracted from growth in 49 states in the second quarter of 2015.
http://www.bea.gov/newsreleases/regional/gdp_state/qgsp_newsrelease.htm

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