News Release
Accelerated Estimates of Gross State Product (GSP) by Industry for 2004
Available for this release: Full Release (PDF -) | Tables (XLS - ), Highlights (PDF - )
| Cliff Woodruff | (202)606–9234 | BEA 05—46 | |
| News Media: | |||
| Ralph Stewart, BEA | (202) 606-9690 | ||
| Thomas Dail, BEA | (202) 606-9209 |
Widespread Gross State Product (GSP) Growth in 2004 Led by Services-Providing Industries
Accelerated Estimates of GSP by Industry for 2004
In 2004, U.S. growth in private services-providing industries outpaced growth in private-goods producing industries, 5.1 percent to 3.1 percent. Private services-providing industries accounted for more than 70 percent of economic growth in all 8 BEA regions, according to GSP estimates released by the U.S. Bureau of Economic Analysis (chart 1)1. Real U.S. GSP grew 4.3 percent in 2004, significantly faster than the 1997-2003 average annual growth rate of 3.0 percent (chart 2).
12004 estimates are based on a prototype methodology to speed up release of BEA's GSP estimates—one of BEA's major goals in its strategic plan, subject to funding. BEA is interested in the views of its data users on this initiative; please send your comments to gspread@bea.gov.
* Goods-producing industries excluding durable goods.
** Services-providing industries excluding FIRE.
States and Regions
The Far West region grew the fastest in 2004 (5.5 percent), with growth in private goods-producing industries (6.2 percent) slightly outpacing growth in private services-providing industries (5.9 percent). Private services-providing industries contributed more than 75 percent to real GSP growth. Within the Far West, Nevada posted the strongest growth (9.3 percent)—the fastest in the Nation (chart 3). The only Far West state with slower growth than the Nation was Alaska (3.4 percent).
The Great Lakes region experienced the slowest growth in 2004 (2.4 percent), with growth in private services-providing industries (3.4 percent) outpacing growth in private goods-producing industries (1.7 percent). Private services-providing industries contributed nearly 93 percent to real GSP growth. Within the Great Lakes, Wisconsin (4.1 percent) grew the fastest but was slower than the national growth rate. Michigan (1.2 percent) experienced the slowest growth of all states.
NAICS Industry Sectors2
The two NAICS sectors with the largest contributions to growth were finance and insurance, and real estate, rental, and leasing, which together contributed more than 26 percent to real U.S. GSP growth. Finance and insurance grew 7.8 percent in 2004 and real estate, rental, and leasing grew 4.1 percent. In the 8 BEA regions, the contributions to real GSP growth from these two sectors ranged from a high of 40 percent in the Mideast to a low of 14 percent in the Plains. One of these two sectors was the largest contributor to growth in 21 states.
In addition to the strong growth in private services-providing industries, the manufacturing sector, within private goods-producing industries, continued its strong recovery from the 2001 economic slowdown. In the Great Lakes, Plains, and Southwest regions, durable goods manufacturing contributed the most to real GSP growth of the industry sectors in Table 2.
Revisions
The revisions from the earlier prototype GSP estimates for 2004, released in June 2005 are due to the incorporation of farm income and expense data from the U.S. Department of Agriculture (USDA) as well as the incorporation of revised BEA earnings by industry data. The larger revisions, like those in Iowa and North Dakota, result from the incorporation of the farm data from USDA.
The real GSP growth rate for the Plains was revised down by 0.7 percentage point; the real GSP growth rate for the Southeast was revised up by 0.7 percentage point. In the Plains, only the growth rates for Iowa and North Dakota were revised down by more than 1.0 percentage point. In the Southeast, no state growth rates were revised up by more than 1.0 percentage point.
Tables 1-3 show these results in more detail; complete detail is available on BEA's web site at www.bea.gov.
2NAICS North American Industry Classification System
BEA's national, international, regional, and industry estimates; the Survey of Current Business; and BEA news releases are available without charge on BEA's Web site at www.bea.gov. By visiting the site, you can also subscribe to receive free e-mail summaries of BEA releases and announcements.
Prototype accelerated estimates
This is the first release of accelerated GSP by industry estimates. These accelerated estimates for 2004—released 8 months earlier than previous estimates—are prepared for NAICS sectors and are based on an abbreviated estimation methodology using limited state source data. The accelerated 2004 estimates are based on BEA earnings by industry estimates released September 28, 2005 and on accelerated GDP by industry estimates released April 20, 2005. In addition, farm income and expense data from the USDA are incorporated into the agriculture, forestry, fishing, and hunting industry. For a more detailed description of the methodology, see the box at www.bea.gov/bea/articles/2005/07july/0705_gspbox.pdf#page=1.
This release marks the next step toward regularly providing more timely estimates of GSP by industry. It follows the one year acceleration in the release of prototype current-dollar and real (chained) dollar total GSP (for 2004) in June 2005. The present release represents the continued fulfillment of BEA's strategic plan goal of significantly accelerating the release of its estimates.
BEA is interested in your comments
Given the experimental nature of the accelerated estimates, BEA is interested in your views on the proposed methodology for the estimates, the appropriate level of industry detail, and the tradeoff between accuracy and timeliness. We encourage your feedback on the value of this initiative in BEA's Strategic Plan. Please e-mail your comments to BEA's Associate Director for Regional Economics, John W. Ruser, at gspread@bea.gov.
Explanatory Notes
Definitions
GSP is the state counterpart of the Nation's gross domestic product (GDP), the Bureau's featured and most comprehensive measure of U.S. economic activity. GSP for a state is derived as the sum of the GSP originating in all the industries in the state.
Real GSP is an inflation-adjusted measure of each state's gross product that is based on national prices for the goods and services produced within that state. The estimates of real GSP and of quantity indexes with a base year of 2000 are derived by applying national implicit price deflators to the current-dollar GSP estimates for the 81 NAICS industries for years 1997 forward and for the 63 SIC industries for years 1977-1997. Then, the chain-type index formula that is used in the national accounts is used to calculate the estimates of total real GSP and of real GSP at more aggregated industry levels.
The relation of GSP to Gross Domestic Product (GDP)
An industry's GSP, or its value added, is equal to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The GSP accounts provide data by industry and state that are consistent with gross domestic product (GDP) in the national income and product accounts, and with the GDP by industry accounts.
Table 1. Growth Rates in Real Gross State Product, 1997-2004 ---------------------------------------------------------------- Average annual growth Percent change rate 1997-2003 2003-2004 --------------------- ----------------- Percent Rank Percent Rank ---------------------------------------------------------------- United States 3.0 ... 4.3 ... New England 3.2 ... 4.6 ... Connecticut 2.1 37 4.5 22 Maine 2.2 33 3.9 32 Massachusetts 3.8 10 4.8 13 New Hampshire 3.8 9 5.4 9 Rhode Island 3.1 21 3.5 36 Vermont 4.0 7 4.6 18 Mideast 2.8 ... 4.2 ... Delaware 3.5 14 5.0 12 District of Columbia 2.7 ... 6.2 ... Maryland 3.4 16 4.8 14 New Jersey 2.7 25 3.4 37 New York 3.0 22 4.7 15 Pennsylvania 2.3 32 3.0 42 Great Lakes 1.6 ... 2.4 ... Illinois 1.7 41 1.9 48 Indiana 2.2 36 3.8 33 Michigan 1.2 45 1.2 50 Ohio 1.2 46 2.6 44 Wisconsin 2.6 29 4.1 29 Plains 2.3 ... 3.4 ... Iowa 1.8 40 5.5 8 Kansas 2.2 34 3.6 35 Minnesota 3.3 18 3.9 31 Missouri 1.3 44 2.4 45 Nebraska 2.3 31 1.5 49 North Dakota 2.6 27 2.1 47 South Dakota 4.1 6 4.5 20 Southeast 2.9 ... 4.8 ... Alabama 2.2 35 4.3 27 Arkansas 1.8 39 5.3 10 Florida 3.8 11 5.9 5 Georgia 3.2 20 4.5 21 Kentucky 1.3 43 3.7 34 Louisiana 0.2 49 2.2 46 Mississippi 1.3 42 3.3 41 North Carolina 3.6 13 4.4 24 South Carolina 2.5 30 4.1 28 Tennessee 2.7 26 4.7 16 Virginia 3.9 8 6.3 3 West Virginia 1.0 48 2.6 43 Southwest 3.6 ... 4.8 ... Arizona 5.5 1 7.1 2 New Mexico 2.9 24 4.3 26 Oklahoma 2.1 38 3.3 39 Texas 3.5 15 4.6 17 Rocky Mountain 4.0 ... 4.4 ... Colorado 4.4 5 3.9 30 Idaho 5.1 2 5.8 6 Montana 2.6 28 4.3 25 Utah 3.0 23 5.2 11 Wyoming 3.7 12 3.3 40 Far West 4.2 ... 5.5 ... Alaska 0.0 50 3.4 38 California 4.6 3 5.6 7 Hawaii 1.0 47 6.0 4 Nevada 4.4 4 9.3 1 Oregon 3.3 19 4.5 19 Washington 3.3 17 4.4 23 Source: U.S. Bureau of Economic Analysis Table 2. Contributions to Percent Change in Real Gross State Product, 2003-2004 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Percentage points Percent -------------------------------------------------------------------------------------------------------------------------------------------------------- change in Agriculture, Durable Nondurable real gross forestry, goods goods Transpor- Finance state fishing, and manu- manu- Wholesale Retail tation and and State and region product hunting Mining Utilities Construction facturing facturing trade trade warehousing Information insurance --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- United States 4.3 -0.06 0.03 0.11 0.10 0.43 0.12 0.19 0.37 0.10 0.44 0.63 New England 4.6 -0.01 0.00 0.13 0.07 (d) (d) 0.09 0.35 0.03 0.43 1.20 Connecticut 4.5 -0.03 0.00 0.29 0.20 0.48 0.03 0.07 0.30 0.06 0.41 1.49 Maine 3.9 -0.07 0.00 0.04 0.05 0.23 0.22 0.17 0.60 0.07 0.26 0.20 Massachusetts 4.8 0.01 0.00 0.00 0.00 0.51 -0.02 0.10 0.33 0.00 0.44 1.44 New Hampshire 5.4 0.00 0.00 0.40 0.16 0.81 0.01 0.23 0.45 0.04 0.48 0.24 Rhode Island 3.5 0.00 0.00 -0.02 -0.12 (d) (d) 0.02 0.26 -0.02 0.64 0.95 Vermont 4.6 -0.16 -0.02 0.35 0.33 0.56 0.09 -0.07 0.59 0.06 0.28 0.11 Mideast 4.2 -0.03 0.00 0.06 0.02 0.12 0.08 0.11 0.29 0.05 0.45 1.18 Delaware 5.0 0.18 0.00 0.00 0.23 -0.01 -0.20 0.28 0.31 0.13 0.17 1.52 District of Columbia 6.2 0.00 0.00 0.04 -0.06 0.02 0.01 0.04 0.10 -0.02 0.70 0.59 Maryland 4.8 0.00 0.00 0.14 0.26 0.19 0.07 0.18 0.43 0.08 0.35 0.27 New Jersey 3.4 -0.02 0.00 0.07 0.07 0.10 0.14 -0.14 0.19 0.07 0.34 0.49 New York 4.7 -0.03 0.00 0.05 -0.07 0.13 0.12 0.11 0.34 0.04 0.63 2.16 Pennsylvania 3.0 -0.07 -0.01 0.03 -0.01 0.13 0.02 0.27 0.26 0.06 0.24 0.42 Great Lakes 2.4 -0.03 -0.01 0.05 -0.06 0.40 0.13 0.12 0.23 0.09 0.29 0.35 Illinois 1.9 0.04 -0.02 0.07 -0.15 0.34 0.03 0.18 0.26 0.12 0.33 0.54 Indiana 3.8 -0.03 -0.02 0.14 0.01 0.83 0.49 0.16 0.24 0.09 0.31 0.21 Michigan 1.2 -0.02 0.00 0.00 -0.09 0.07 0.00 -0.01 0.23 0.07 0.22 0.07 Ohio 2.6 -0.09 -0.01 -0.06 -0.02 0.28 0.06 0.13 0.14 0.10 0.23 0.42 Wisconsin 4.1 -0.11 0.00 0.15 0.03 0.88 0.39 0.18 0.29 0.05 0.41 0.38 Plains 3.4 -0.15 0.00 0.15 0.03 0.66 0.14 0.23 0.32 0.05 0.44 0.39 Iowa 5.5 1.04 0.00 0.29 0.14 1.05 0.31 0.24 0.26 0.16 0.40 0.69 Kansas 3.6 -0.37 0.05 0.18 -0.06 0.58 0.27 0.19 0.29 0.04 0.57 0.20 Minnesota 3.9 -0.06 -0.02 0.17 0.04 0.76 0.03 0.24 0.39 0.13 0.42 0.47 Missouri 2.4 0.05 0.01 0.09 -0.02 0.47 0.15 0.17 0.25 -0.14 0.46 0.16 Nebraska 1.5 -1.62 0.00 0.08 0.03 0.32 -0.02 0.27 0.34 0.15 0.32 0.32 North Dakota 2.1 -2.67 0.02 0.15 0.31 0.62 0.19 0.38 0.38 0.14 0.46 0.42 South Dakota 4.5 -0.12 -0.04 0.04 0.07 0.84 0.16 0.23 0.38 0.04 0.24 1.01 Southeast 4.8 -0.04 -0.03 0.12 0.19 0.38 0.11 0.28 0.46 0.11 0.39 0.45 Alabama 4.3 -0.02 -0.05 0.13 0.06 0.65 0.27 0.26 0.49 0.13 0.25 0.36 Arkansas 5.3 0.65 0.01 0.11 0.05 0.16 0.39 0.49 0.44 0.06 0.43 0.24 Florida 5.9 -0.08 -0.01 0.24 0.50 0.28 0.05 0.35 0.64 0.10 0.47 0.60 Georgia 4.5 -0.20 -0.03 0.04 0.13 0.41 0.45 0.25 0.34 0.22 0.52 0.45 Kentucky 3.7 -0.18 -0.08 0.04 -0.09 0.73 0.31 0.30 0.33 0.20 0.22 0.37 Louisiana 2.2 -0.07 -0.29 0.19 -0.11 0.07 -0.16 0.10 0.27 0.03 0.26 0.20 Mississippi 3.3 -0.01 0.01 0.25 -0.18 0.47 0.03 0.19 0.40 0.10 0.10 0.15 North Carolina 4.4 0.09 0.00 0.08 0.12 0.49 -0.12 0.29 0.34 0.07 0.30 0.67 South Carolina 4.1 -0.07 -0.01 0.20 0.06 0.42 0.22 0.33 0.52 0.04 0.24 0.21 Tennessee 4.7 -0.10 -0.02 0.01 0.04 0.61 0.30 0.31 0.49 0.11 0.21 0.48 Virginia 6.3 -0.01 0.00 0.06 0.31 0.22 -0.10 0.22 0.47 0.09 0.66 0.42 West Virginia 2.6 0.00 0.02 0.06 0.24 0.09 -0.15 0.21 0.48 0.12 0.02 0.09 Southwest 4.8 -0.15 0.20 0.13 0.03 0.59 0.09 0.26 0.39 0.21 0.32 0.47 Arizona 7.1 -0.07 -0.01 0.04 0.38 1.04 0.02 0.41 0.78 0.22 0.26 0.62 New Mexico 4.3 -0.26 0.21 0.14 0.18 0.61 0.06 0.08 0.52 0.18 0.11 0.13 Oklahoma 3.3 -0.63 0.28 0.10 -0.05 0.29 0.13 0.17 0.36 0.17 0.35 0.36 Texas 4.6 -0.10 0.24 0.16 -0.04 0.53 0.10 0.25 0.30 0.21 0.34 0.47 Rocky Mountain 4.4 -0.23 0.14 0.12 0.14 (d) (d) 0.16 0.46 0.12 0.38 0.24 Colorado 3.9 -0.17 0.20 0.15 0.06 0.33 0.08 0.07 0.32 0.08 0.34 0.21 Idaho 5.8 -0.56 0.00 0.06 0.34 1.46 0.04 0.26 0.61 0.10 0.41 0.21 Montana 4.3 0.00 0.24 0.09 0.23 -0.02 0.03 0.29 0.55 0.15 0.31 0.32 Utah 5.2 -0.16 -0.01 0.06 0.29 0.28 0.24 0.25 0.70 0.18 0.53 0.33 Wyoming 3.3 -0.70 0.33 0.20 -0.16 (d) (d) 0.33 0.36 0.31 0.25 0.14 Far West 5.5 -0.06 0.05 0.16 0.28 0.62 0.20 0.21 0.45 0.10 0.72 0.60 Alaska 3.4 0.00 -0.17 0.02 0.08 0.02 0.00 0.08 0.30 0.43 0.24 0.11 California 5.6 -0.06 0.08 0.18 0.26 0.67 0.24 0.15 0.43 0.06 0.89 0.67 Hawaii 6.0 -0.21 0.00 0.12 0.13 0.03 0.06 0.12 0.55 0.22 0.38 0.40 Nevada 9.3 -0.04 -0.05 0.22 1.28 0.19 0.09 0.25 0.90 0.29 0.08 1.14 Oregon 4.5 -0.15 0.00 0.11 0.14 1.50 0.14 0.41 0.43 0.11 0.39 -0.05 Washington 4.4 0.00 0.00 0.07 0.17 0.24 0.07 0.47 0.46 0.15 0.27 0.37 (d) Data are suppressed to avoid disclosure of confidential information. Source: U.S. Bureau of Economic Analysis Table 2. Contributions to Percent Change in Real Gross State Product, 2003-2004 (continued) ----------------------------------------------------------------------------------------------------------------------------------------------------------------- Percentage points ----------------------------------------------------------------------------------------------------------------------------------------- Profes- Adminis- Health Arts, Accomo- Real estate, sional and Management trative and care and entertain- dation and rental, and technical of waste Educational social ment, and food Other State and region leasing services companies services services assistance recreation services services Government ----------------------------------------------------------------------------------------------------------------------------------------------------------------- United States 0.52 0.28 0.10 0.17 -0.01 0.21 0.02 0.15 0.17 0.27 New England 0.56 0.41 0.08 0.14 -0.02 0.19 0.02 0.11 0.13 0.20 Connecticut 0.38 0.12 0.02 0.13 -0.03 0.14 0.02 0.08 0.12 0.20 Maine 0.58 0.16 0.16 0.00 -0.02 0.48 -0.02 0.16 0.16 0.42 Massachusetts 0.62 0.66 0.08 0.14 -0.03 0.17 0.02 0.12 0.13 0.14 New Hampshire 0.71 0.37 0.39 0.20 0.00 0.24 0.06 0.18 0.17 0.25 Rhode Island 0.49 0.24 -0.07 0.25 -0.02 0.23 -0.02 0.08 0.16 0.24 Vermont 0.88 0.23 0.00 0.25 0.00 0.25 0.05 0.17 0.17 0.44 Mideast 0.52 0.36 0.05 0.12 -0.03 0.21 0.03 0.11 0.18 0.28 Delaware 1.12 0.30 0.04 0.10 0.01 0.24 0.03 0.12 0.10 0.31 District of Columbia 0.41 1.25 -0.03 0.11 -0.04 0.13 -0.04 0.23 0.66 2.13 Maryland 0.82 0.67 0.11 0.13 0.01 0.22 0.04 0.11 0.20 0.48 New Jersey 1.03 0.25 0.00 0.14 -0.10 0.21 -0.01 0.09 0.16 0.32 New York 0.23 0.30 0.00 0.10 -0.01 0.17 0.06 0.12 0.14 0.13 Pennsylvania 0.45 0.30 0.16 0.15 -0.03 0.27 0.01 0.07 0.19 0.13 Great Lakes 0.33 0.11 0.12 0.16 -0.01 0.16 -0.01 0.09 0.15 -0.25 Illinois 0.36 0.20 0.14 0.20 -0.01 0.10 -0.01 0.12 0.15 -1.13 Indiana 0.36 0.12 0.03 0.20 -0.01 0.18 0.00 0.08 0.16 0.22 Michigan 0.19 -0.05 0.10 0.11 0.00 0.09 -0.01 0.07 0.12 0.01 Ohio 0.32 0.14 0.17 0.14 -0.01 0.20 -0.02 0.07 0.16 0.20 Wisconsin 0.48 0.11 0.09 0.12 0.00 0.27 -0.01 0.09 0.16 0.09 Plains 0.09 0.16 0.11 0.10 0.00 0.20 0.00 0.09 0.16 0.27 Iowa 0.15 0.08 0.03 0.08 0.00 0.18 -0.01 0.08 0.16 0.17 Kansas 0.30 0.26 -0.01 0.11 0.00 0.21 0.01 0.12 0.12 0.56 Minnesota 0.04 0.17 0.38 0.09 -0.01 0.26 -0.01 0.09 0.17 0.13 Missouri -0.14 0.13 -0.01 0.16 0.00 0.13 0.00 0.09 0.16 0.23 Nebraska 0.26 0.20 0.04 0.04 0.00 0.19 0.00 0.08 0.17 0.37 North Dakota 0.35 0.20 0.04 0.08 0.00 0.25 0.00 0.08 0.12 0.60 South Dakota 0.62 0.07 -0.09 0.01 0.00 0.27 0.02 0.11 0.21 0.48 Southeast 0.51 0.34 0.07 0.21 0.01 0.25 0.03 0.18 0.18 0.58 Alabama 0.31 0.23 0.09 0.13 0.01 0.26 0.01 0.08 0.17 0.47 Arkansas 0.59 0.45 -0.10 0.15 0.00 0.28 0.00 0.12 0.18 0.56 Florida 0.53 0.40 0.01 0.27 0.01 0.30 0.09 0.33 0.22 0.56 Georgia 0.54 0.14 0.16 0.27 -0.01 0.23 -0.03 0.17 0.13 0.33 Kentucky 0.23 0.14 0.10 0.13 0.00 0.19 0.01 0.10 0.13 0.55 Louisiana 0.50 0.16 0.02 0.11 0.00 0.20 0.01 0.14 0.18 0.40 Mississippi 0.36 0.13 -0.06 0.15 0.01 0.24 0.00 0.13 0.14 0.64 North Carolina 0.52 0.22 0.11 0.13 0.00 0.22 0.01 0.13 0.15 0.62 South Carolina 0.42 0.13 0.02 0.25 -0.01 0.17 0.01 0.16 0.17 0.57 Tennessee 0.59 0.19 0.05 0.31 0.03 0.39 0.04 0.12 0.16 0.34 Virginia 0.70 1.02 0.15 0.23 0.01 0.19 0.00 0.17 0.22 1.23 West Virginia 0.12 0.14 0.08 0.14 -0.01 0.23 0.16 0.08 0.24 0.29 Southwest 0.55 0.27 0.28 0.25 0.01 0.25 0.01 0.14 0.16 0.36 Arizona 1.08 0.40 0.24 0.31 0.05 0.42 0.02 0.24 0.16 0.47 New Mexico 0.58 0.15 0.01 0.13 0.00 0.32 0.01 0.12 0.17 0.86 Oklahoma 0.37 0.08 0.08 0.23 0.01 0.23 0.02 0.07 0.17 0.54 Texas 0.45 0.28 0.33 0.25 0.00 0.21 0.01 0.13 0.16 0.28 Rocky Mountain 0.66 0.40 0.17 0.17 0.00 0.22 -0.02 0.16 0.20 0.42 Colorado 0.47 0.55 0.28 0.12 0.00 0.17 -0.04 0.17 0.17 0.36 Idaho 1.07 0.24 0.09 0.26 0.00 0.31 0.00 0.13 0.15 0.62 Montana 0.89 0.15 -0.11 0.13 0.00 0.30 -0.01 0.15 0.21 0.41 Utah 0.81 0.29 0.03 0.30 -0.01 0.24 0.00 0.12 0.29 0.43 Wyoming 0.78 0.14 0.11 -0.04 0.01 0.19 0.05 0.25 0.10 0.50 Far West 0.78 0.24 0.06 0.16 0.00 0.22 0.04 0.22 0.18 0.28 Alaska 0.46 0.11 0.02 0.06 -0.01 0.39 0.01 0.16 0.06 0.98 California 0.82 0.25 0.00 0.15 0.00 0.19 0.04 0.18 0.18 0.17 Hawaii 0.77 0.13 0.35 0.15 -0.01 0.23 0.04 0.76 0.20 1.62 Nevada 1.32 0.31 0.75 0.29 0.02 0.34 0.10 1.05 0.23 0.60 Oregon 0.30 0.19 0.06 0.07 0.01 0.28 0.00 0.13 0.19 0.31 Washington 0.58 0.21 0.08 0.24 0.00 0.24 0.08 0.13 0.17 0.42 Source: U.S. Bureau of Economic Analysis Table 3. Gross State Product in Current Dollars, 2004 [Millions of dollars] --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Agriculture Durable Nondurable forestry, goods goods Transpor- fishing, and manu- manu- Wholesale Retail tation and Finance and State and region Total hunting Mining Utilities Construction facturing facturing trade trade warehousing Information insurance --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- United States 11,665,595 116,589 147,502 241,236 541,414 862,611 631,415 688,096 797,638 338,643 547,191 972,393 New England 662,408 2,227 263 11,532 30,713 (d) (d) 37,405 42,582 11,319 27,674 83,126 Connecticut 185,802 303 54 3,570 6,459 15,821 6,832 9,842 11,507 3,007 7,360 30,916 Maine 43,336 575 5 941 2,021 2,612 2,565 2,303 4,073 1,031 1,272 2,991 Massachusetts 317,798 751 124 3,833 15,870 25,262 9,650 18,774 17,795 5,267 14,813 37,768 New Hampshire 51,871 214 40 1,816 2,850 4,847 1,623 3,316 4,605 902 1,679 4,366 Rhode Island 41,679 96 12 735 2,459 (d) (d) 2,062 2,746 644 1,720 5,795 Vermont 21,921 289 28 637 1,054 2,263 691 1,108 1,855 468 830 1,290 Mideast 2,139,830 5,774 3,532 46,909 82,975 86,658 115,174 122,106 127,125 49,846 113,630 258,574 Delaware 54,274 344 9 950 1,870 1,681 3,160 2,001 2,432 667 1,002 17,897 District of Columbia 76,685 2 12 700 769 99 111 752 1,031 483 5,120 4,267 Maryland 227,991 747 163 6,195 13,396 6,387 7,675 12,025 15,358 4,843 8,462 15,525 New Jersey 416,053 543 199 8,280 17,768 13,776 31,581 33,273 27,156 12,602 19,020 35,109 New York 896,739 1,670 454 18,457 28,773 30,345 31,736 47,242 49,541 16,557 62,071 150,069 Pennsylvania 468,089 2,468 2,695 12,326 20,398 34,370 40,911 26,814 31,608 14,695 17,955 35,707 Great Lakes 1,753,120 12,917 4,278 38,518 78,138 229,015 114,068 107,021 115,732 54,712 56,899 136,188 Illinois 521,900 3,802 1,113 12,139 24,587 39,042 31,986 36,794 31,515 18,638 21,802 52,311 Indiana 227,569 2,192 821 5,362 10,618 42,517 20,960 11,937 14,886 7,615 5,497 13,791 Michigan 372,169 1,891 721 8,158 16,593 61,943 14,318 21,422 25,790 9,369 10,634 21,967 Ohio 419,866 1,930 1,322 9,009 16,970 56,984 27,649 25,288 29,639 12,477 12,284 32,518 Wisconsin 211,616 3,101 302 3,851 9,370 28,530 19,155 11,580 13,902 6,613 6,682 15,601 Plains 757,432 19,452 3,039 14,732 35,349 67,393 46,366 48,993 52,667 28,747 33,690 66,924 Iowa 111,114 5,147 197 2,849 4,555 12,678 10,181 6,413 7,274 3,771 3,672 11,878 Kansas 98,946 2,052 1,224 2,367 4,164 9,328 5,569 6,209 7,241 3,758 7,739 6,234 Minnesota 223,822 3,147 528 3,574 11,468 19,605 11,065 15,668 14,910 7,250 8,231 23,448 Missouri 203,294 2,658 447 3,885 9,867 17,445 14,036 12,759 14,611 7,538 9,963 12,878 Nebraska 68,183 3,403 57 912 3,028 4,136 4,169 4,547 4,588 4,788 2,491 5,742 North Dakota 22,687 1,112 512 644 1,048 1,711 655 1,813 1,728 897 810 1,500 South Dakota 29,386 1,931 74 501 1,219 2,490 691 1,584 2,315 744 785 5,244 Southeast 2,597,424 27,013 32,505 52,460 127,790 170,684 185,101 155,803 192,297 84,328 106,827 172,810 Alabama 139,840 2,391 1,275 4,224 6,249 13,528 9,890 7,961 11,528 3,977 4,194 7,814 Arkansas 80,902 3,154 336 1,782 3,647 7,755 7,095 5,333 6,006 3,983 3,338 3,646 Florida 599,068 5,339 694 11,815 36,332 20,693 11,659 39,285 49,063 16,952 26,719 43,919 Georgia 343,125 3,263 1,047 6,819 17,163 19,831 27,846 25,847 22,996 12,963 22,445 21,864 Kentucky 136,446 1,838 2,547 2,103 5,849 17,397 11,311 8,043 9,529 6,414 3,514 6,909 Louisiana 152,944 1,356 19,669 4,492 6,554 5,089 11,014 7,854 10,768 5,649 4,043 6,066 Mississippi 76,166 2,121 1,074 2,218 3,082 7,013 5,148 3,956 6,603 2,678 1,909 3,404 North Carolina 336,398 3,546 545 6,354 14,629 25,312 46,983 18,717 22,017 8,132 10,707 34,542 South Carolina 136,125 1,198 158 3,944 7,670 13,953 12,312 7,643 10,903 3,170 3,608 6,665 Tennessee 217,626 1,164 387 886 8,518 22,026 16,116 14,555 18,408 10,595 6,630 13,804 Virginia 329,332 1,377 1,314 5,384 15,945 15,058 23,287 14,237 20,445 8,206 18,396 22,215 West Virginia 49,454 267 3,462 2,440 2,150 3,028 2,441 2,370 4,032 1,610 1,323 1,964 Southwest 1,252,700 12,693 69,901 34,179 59,165 91,359 56,367 78,689 90,936 42,338 52,940 83,807 Arizona 199,953 1,943 1,288 3,585 12,273 20,634 2,916 11,378 16,795 5,606 6,302 17,189 New Mexico 61,012 1,001 4,766 1,400 2,763 4,318 1,128 2,202 4,431 1,657 1,716 2,284 Oklahoma 107,600 1,842 6,876 2,710 4,429 7,337 4,644 5,586 8,405 3,448 4,423 5,739 Texas 884,136 7,907 56,971 26,485 39,700 59,070 47,679 59,523 61,304 31,627 40,500 58,595 Rocky Mountain 377,613 5,644 12,012 7,083 22,766 (d) (d) 19,659 27,053 12,361 23,065 25,171 Colorado 199,969 1,629 3,928 2,840 12,194 8,983 5,546 10,636 13,250 5,530 17,460 13,573 Idaho 43,571 2,075 134 924 2,903 4,299 1,932 2,326 3,616 1,212 999 1,865 Montana 27,482 1,091 916 1,005 1,627 807 608 1,523 2,187 1,158 856 1,422 Utah 82,611 493 1,036 1,206 4,771 5,510 3,057 4,266 6,563 3,071 3,333 7,633 Wyoming 23,979 356 5,997 1,108 1,272 (d) (d) 907 1,437 1,390 417 678 Far West 2,125,068 30,868 21,972 35,822 104,518 143,835 79,680 118,419 149,245 54,992 132,465 145,794 Alaska 34,023 346 7,328 408 1,725 156 569 720 1,785 3,153 909 1,174 California 1,550,753 21,504 12,730 27,570 71,266 109,961 65,891 86,822 108,804 35,658 101,556 110,701 Hawaii 50,322 311 20 961 2,526 290 656 1,751 3,741 1,753 1,496 2,426 Nevada 100,317 203 1,405 2,031 10,313 2,114 1,340 3,981 7,982 3,345 2,269 8,502 Oregon 128,103 3,379 133 2,239 6,175 15,308 4,273 9,032 8,063 3,752 4,434 7,010 Washington 261,549 5,125 355 2,612 12,513 16,006 6,949 16,112 18,871 7,330 21,801 15,982 (d) Data are suppressed to avoid disclosure of confidential information. Source: U.S. Bureau of Economic Analysis Table 3. Gross State Product in Current Dollars, 2004 (continued) [Millions of dollars] ----------------------------------------------------------------------------------------------------------------------------------------------------------------- Profes- Adminis- Health Arts, Accomo- Real estate, sional and Management trative and care and entertain- dation and rental, and technical of waste Educational social ment, and food Other State and region leasing services companies services services assistance recreation services services Government ----------------------------------------------------------------------------------------------------------------------------------------------------------------- United States 1,451,288 792,133 213,639 335,580 99,503 804,397 111,758 308,058 275,491 1,389,018 New England 89,041 54,128 14,215 16,848 12,343 54,745 5,669 16,016 14,015 62,376 Connecticut 24,370 13,896 5,512 4,769 2,554 13,820 1,705 3,328 3,830 16,348 Maine 5,821 1,943 513 912 396 4,554 349 1,329 970 6,159 Massachusetts 43,439 31,729 6,507 8,475 7,289 26,353 2,572 7,676 6,538 27,313 New Hampshire 7,232 3,195 796 1,312 849 4,195 505 1,560 1,250 4,718 Rhode Island 5,421 2,198 838 954 848 3,798 348 1,161 893 4,945 Vermont 2,760 1,167 48 426 406 2,025 190 962 533 2,891 Mideast 282,820 182,109 44,820 56,420 29,058 163,534 19,745 49,205 50,885 248,929 Delaware 6,290 3,257 2,396 852 234 2,709 353 833 827 4,510 District of Columbia 6,068 15,264 445 1,915 1,869 3,505 407 2,175 4,586 27,106 Maryland 34,763 22,780 1,436 6,669 2,574 16,815 1,718 6,106 6,006 38,348 New Jersey 65,656 33,652 8,888 12,719 3,218 28,411 3,508 10,013 8,453 42,228 New York 114,056 75,337 23,899 22,372 12,898 70,059 10,292 20,163 18,946 91,801 Pennsylvania 55,986 31,819 7,756 11,894 8,264 42,035 3,467 9,915 12,068 44,936 Great Lakes 197,928 110,953 38,191 49,061 13,040 126,650 15,325 38,298 41,561 174,625 Illinois 64,434 42,671 11,840 15,622 5,122 34,115 4,743 11,825 12,988 44,812 Indiana 22,197 8,319 2,536 5,665 1,545 16,035 2,978 4,869 5,247 21,982 Michigan 42,930 28,977 8,799 12,121 1,952 26,332 3,177 7,925 8,408 38,742 Ohio 44,588 22,368 10,634 11,384 2,902 33,201 2,969 9,173 10,207 46,370 Wisconsin 23,778 8,618 4,382 4,270 1,517 16,968 1,458 4,505 4,712 22,719 Plains 72,976 36,814 17,714 17,046 6,065 56,679 6,952 17,300 18,378 90,156 Iowa 9,834 3,332 683 2,100 878 7,475 1,093 2,132 2,403 12,568 Kansas 8,790 4,408 908 2,467 496 6,930 489 2,323 2,396 13,854 Minnesota 24,875 13,026 7,926 5,013 1,629 17,637 1,872 4,892 5,423 22,635 Missouri 19,529 11,586 6,748 5,011 2,269 15,149 2,676 5,216 5,335 23,686 Nebraska 5,872 2,897 1,033 1,602 516 4,919 407 1,394 1,608 10,075 North Dakota 1,840 855 190 359 93 2,069 125 565 535 3,626 South Dakota 2,237 709 226 493 185 2,501 290 778 677 3,712 Southeast 304,114 151,652 39,487 84,645 16,599 173,802 25,173 74,438 62,720 357,174 Alabama 14,362 8,103 1,022 3,116 643 9,668 599 3,169 3,583 22,543 Arkansas 7,417 2,915 1,949 1,575 319 6,150 400 1,784 1,923 10,394 Florida 93,036 36,865 7,468 30,995 3,882 44,590 10,214 22,060 16,087 71,400 Georgia 38,293 20,690 6,737 11,054 2,519 19,585 2,205 8,707 7,152 44,099 Kentucky 12,306 5,856 1,507 2,853 697 10,484 792 3,435 2,957 20,107 Louisiana 15,354 7,003 2,174 3,508 1,140 10,555 2,491 4,620 3,705 19,839 Mississippi 7,221 2,639 758 1,352 416 5,497 808 3,155 1,855 13,261 North Carolina 32,848 15,627 6,820 7,939 2,167 19,862 2,231 7,535 6,960 42,924 South Carolina 15,185 5,830 824 4,919 650 7,668 1,051 4,417 3,263 21,094 Tennessee 23,219 10,256 2,568 7,916 1,864 17,985 2,115 6,611 5,735 26,268 Virginia 40,274 33,911 7,305 8,454 2,067 17,000 1,731 7,582 8,282 56,862 West Virginia 4,598 1,957 356 965 234 4,757 534 1,363 1,220 8,383 Southwest 134,596 76,191 18,556 39,459 6,475 78,652 8,315 32,962 28,442 156,679 Arizona 26,327 11,210 3,009 8,176 1,186 13,382 1,961 6,414 3,966 24,413 New Mexico 7,105 4,026 323 1,713 280 4,107 455 1,831 1,334 12,173 Oklahoma 10,494 4,878 1,458 3,217 559 7,518 533 2,499 2,776 18,229 Texas 90,670 56,077 13,764 26,354 4,450 53,645 5,365 22,218 20,366 101,864 Rocky Mountain 48,448 26,766 5,571 10,579 2,208 22,711 4,064 10,801 9,528 49,965 Colorado 27,827 17,082 2,979 6,325 1,075 11,596 2,460 6,018 4,790 24,248 Idaho 5,191 2,780 661 1,180 212 2,914 368 1,048 856 6,074 Montana 3,229 1,291 154 544 100 2,491 365 906 715 4,488 Utah 10,101 4,917 1,691 2,239 776 4,646 679 2,083 2,758 11,781 Wyoming 2,101 697 87 291 46 1,063 191 746 410 3,373 Far West 321,365 153,520 35,085 61,521 13,715 127,623 26,516 69,038 49,962 249,114 Alaska 3,209 1,181 196 580 101 2,017 282 912 605 6,668 California 240,370 121,686 24,957 45,365 10,822 90,286 19,814 39,975 37,302 167,709 Hawaii 8,331 2,274 708 1,646 489 3,422 607 4,239 1,290 11,384 Nevada 12,722 4,955 2,475 3,051 201 4,946 2,688 14,196 1,742 9,857 Oregon 17,937 6,397 2,604 3,314 808 9,770 895 3,245 2,947 16,386 Washington 38,797 17,027 4,144 7,566 1,293 17,182 2,229 6,472 6,076 37,109 Source: U.S. Bureau of Economic Analysis