February 26, 2019
- Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the third quarter of 2018. The percent change in real GDP in the third quarter ranged from 5.8 percent in Washington to 0.0 percent in West Virginia.
- Wholesale trade, information services, finance and insurance, and retail trade were the leading contributors to the increase in real GDP nationally. Information services and retail trade were the leading contributors to the increase in real GDP in Washington, the fastest growing state.
- Finance and insurance increased 5.5 percent nationally. This industry was the leading contributor to growth in Utah—the second fastest growing state.
- Information services increased 7.6 percent nationally. This industry was the leading contributor to growth in Arizona—the third fastest growing state.
For more information, read the full report.