BEA News: GDP by State, 2012 (advance estimate) and 2009-2011 (revised estimate)

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Real gross domestic product (GDP) increased in 49 states and the District of Columbia in 2012, according to new statistics released today by the U.S. Bureau of Economic Analysis (BEA) that breakdown GDP by state. Durable-goods manufacturing, finance and insurance, and wholesale trade were the leading contributors to real U.S. economic growth. U.S. real GDP by state grew 2.5 percent in 2012 after a 1.6 percent increase in 2011.

The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm

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