All States See Q1 Real GDP Increases

Credit: NAHB

Every state and the District of Columbia saw increases in their real gross domestic product in Q1 2021 versus Q4 2020. Data from the U.S. Bureau of Economic Analysis, shows a range of 10.9 in Nevada to 2.9 percent for DC. 

Nationwide GDP growth on a seasonally adjusted annual rate grew 4.3 percent in Q4, compared to 6.4 percent in Q1. 

Leading contributors included durable goods manufacturing, and professional and other services.  

The Southwest region experienced a real GP increase of 4.8 percent.  

Nationally, 15 of the 22 industry groups monitored were shown to have contributed to the increases. (Source) 

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