BEA 2021 State GDP Data: TX surpasses $2T, IL close to $1T (rates, population)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Illinois would make the 5th state to surpass the $1T mark!
New York should surpass $2T this year.
At this rate, California may surpass $4T in the next 12-16 months. We'll see.
2021 State GDP in millions of dollars:
CA $3,514,348
TX $2,104,579
NY $1,914,207
FL $1,286,086
IL $973,486
PA $874,881
OH $765,003
GA $713,948
NJ $700,119
WA $696,748
NC $684,607
MA $663,750
VA $614,714
MI $592,349
MD $451,986
CO $440,903
MN $429,391
TN $439,050
IN $438,012
AZ $429,819
WI $379,909
MO $373,105
CT $208,671
SC $281,754
OR $279,424
LA $267,126
AL $257,465
KY $244,480
UT $230,342
IA $225,696
OK $218,564
NV $204,306
KS $198,291
DC $156,457
NE $154,149
AR $150,483
MS $129,974
NM $114,680
NH $102,439
ID $98,455
HI $94,937
WV $91,953
DE $84,206
ME $79,177
RI $68,823
ND $66,372
SD $62,809
MT $61,983
AK $57,983
WY $44,323
VT $37,644
Is it possible that Illinois could somehow pass Florida? Illinois is definitely becoming the 5th trillion dollar economy this year and its only separated by Florida by almost 300 billion? I doubt it but Florida's economy isn't nearly as diverse as Chicago/Illinois.
Tennessee is very impressive. Surpassed Colorado this year.
Illinois would make the 5th state to surpass the $1T mark!
New York should surpass $2T this year.
At this rate, California may surpass $4T in the next 12-16 months. We'll see.
2021 State GDP in millions of dollars:
CA $3,514,348
TX $2,104,579
NY $1,914,207
FL $1,286,086
IL $973,486
PA $874,881
OH $765,003
GA $713,948
NJ $700,119
WA $696,748
NC $684,607
MA $663,750
VA $614,714
MI $592,349
MD $451,986
CO $440,903
MN $429,391
TN $439,050
IN $438,012
AZ $429,819
WI $379,909
MO $373,105
CT $208,671
SC $281,754
OR $279,424
LA $267,126
AL $257,465
KY $244,480
UT $230,342
IA $225,696
OK $218,564
NV $204,306
KS $198,291
DC $156,457
NE $154,149
AR $150,483
MS $129,974
NM $114,680
NH $102,439
ID $98,455
HI $94,937
WV $91,953
DE $84,206
ME $79,177
RI $68,823
ND $66,372
SD $62,809
MT $61,983
AK $57,983
WY $44,323
VT $37,644
Is it possible that Illinois could somehow pass Florida? Illinois is definitely becoming the 5th trillion dollar economy this year and its only separated by Florida by almost 300 billion? I doubt it but Florida's economy isn't nearly as diverse as Chicago/Illinois.
Tennessee is very impressive. Surpassed Colorado this year.
Short of it getting swallowed up into the sea, there's just really no way Florida will ever get passed by another state. The U.S. and the world will be in complete shambles by the time that happens anyways.
Overall the retirees drag down Florida's per capita GDP quite a bit, same thing with the median income numbers. Plus Social Security, Medicare, transfer payments etc. aren't even included in GDP figures either.
Illinois would make the 5th state to surpass the $1T mark!
New York should surpass $2T this year.
At this rate, California may surpass $4T in the next 12-16 months. We'll see.
2021 State GDP in millions of dollars:
CA $3,514,348
TX $2,104,579
NY $1,914,207
FL $1,286,086
IL $973,486
PA $874,881
OH $765,003
GA $713,948
NJ $700,119
WA $696,748
NC $684,607
MA $663,750
VA $614,714
MI $592,349
MD $451,986
CO $440,903
MN $429,391
TN $439,050
IN $438,012
AZ $429,819
WI $379,909
MO $373,105
CT $208,671
SC $281,754
OR $279,424
LA $267,126
AL $257,465
KY $244,480
UT $230,342
IA $225,696
OK $218,564
NV $204,306
KS $198,291
DC $156,457
NE $154,149
AR $150,483
MS $129,974
NM $114,680
NH $102,439
ID $98,455
HI $94,937
WV $91,953
DE $84,206
ME $79,177
RI $68,823
ND $66,372
SD $62,809
MT $61,983
AK $57,983
WY $44,323
VT $37,644
Yeah, this must not be including the Tesla, HP and Oracle departures? Does that put Texas ahead?
Nope, this is Q4 data, so those are all factored in already.
California's annual growth rate in 2021 was +7.8%, while Texas' was +5.6%
I can't wait to see Metro and CSA data for 2021.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
