BEA News: Gross Domestic Product by State, 3rd Quarter 2021
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 third quarter of 2021, as real GDP for the nation increased at an annual rate of 2.3 percent. The percent change in real GDP in the third quarter ranged from 6.0 percent in Hawaii to -3.3 percent in New Hampshire and North Dakota. GDP estimates reflect the continued economic impacts related to the COVID-19 pandemic. Government pandemic assistance payments to households and business decreased. The full economic effects of the COVID-19 pandemic cannot be quantified in the state GDP estimates because the impacts are generally embedded in source data and cannot be separately identified.
The full text of the release on BEA's website can be found at: www.bea.gov/news/2021/
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