Real GDP increased 1.2 percent, primarily reflecting positive contributions from nonresidential fixed investment, exports, residential fixed investment, and consumer spending.
Net government saving increased $4.9 billion to –$877.8 billion. Net federal government saving increased $27.2 billion to –$660.7 billion. Net state and local government saving decreased $22.3 billion to –$217.1 billion.
In 2016, travel and tourism increased 2.3 percent after increasing 3.7 percent in 2015.
In 2016, real GDP by state growth ranged from 3.7 percent in Washington to –6.5 percent in North Dakota.
A guide to the articles in these issues of the Survey.