October 4, 2017
State personal consumption expenditures (PCE) grew on average 4.0 percent in 2016, the same rate as in 2015. In 2016, PCE growth ranged from 0.2 percent in North Dakota to 6.2 percent in Utah.
- Growth in housing and utilities and in health care were the leading contributors to PCE growth nationally as well as in most states.
- Gasoline and other energy goods was the only category that subtracted from national PCE growth, declining on average 10.3 percent. Spending on gasoline and other energy goods declined in every state.
- Across all states and the District of Columbia, per capita PCE in 2016 was $39,664. It ranged from a high of $51,981 in Massachusetts to a low of $30,200 in Mississippi.
For more information, read the full report.