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This is a list of U.S. states and territories by economic growth rate.This article includes a list of the 50 U.S. states, the District of Columbia, and the 5 inhabited U.S. territories sorted by economic growth — the percentage change in real GDP for the third quarter of 2023 is listed (for the 50 states and District of Columbia), using the most recent data available from the U.S. Bureau of ...
The economy of the state of Florida is the fourth-largest in the United States, with a $1.695 trillion gross state product (GSP) as of 2024. [1] If Florida were a sovereign nation (2024), it would rank as the world's 15th-largest economy by nominal GDP according to the International Monetary Fund, ahead of Spain and behind South Korea.
Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022. The three U.S. states with the highest GDPs were California ($4.080 trillion), Texas ($2.695 trillion), and New York ($2.284 trillion).
2022 [8] 15.1 53 Hubei: Province China: Asia: 799 2022 [3] 57.8 14 Fujian: Province China: Asia: 790 2022 [3] 41.5 19 Georgia: State United States: North America: 756 2022 [4] 10.9 69 New Jersey: State United States: North America: 745 2022 [4] 9.3 80 North Carolina: State United States: North America: 730 2022 [4] 10.7 68 Washington: State ...
In December 2020, DeSantis ordered the Florida Department of Economic Opportunity to extend unemployment waivers until February 27, 2021. [41] Florida saw fast economic growth in 2022 and 2023, together with a record state budget surplus. [42] [43] Since May 2022, Florida's unemployment rate has sat around two percent, below the national average.
Real GDP growth on an annual basis is the nominal GDP growth rate adjusted for inflation. It is usually expressed as a percentage. "GDP" may refer to "nominal" or "current" or "historical" GDP, to distinguish it from real GDP. Real GDP is sometimes called "constant" GDP because it is expressed in terms of constant prices.
The Bureau of Economic Analysis releases data showing that in the first quarter of 2022 GDP declined at an annual rate of 1.4%, marking the first time GDP shrank since the second quarter of 2020. [126] [127] [128] April 29 – Casey White prison escape: Assisted by prison guard Vicky White (no relation), both escape the Lauderdale County jail ...
August 18 a Florida judge blocks the Stop WOKE Act, saying that it violates the First Amendment and is too vague. [ 3 ] September 14 – Martha's Vineyard migrant airlift Florida governor Ron DeSantis sends approximately 50 primarily Venezuelan asylum seekers by air from San Antonio, Texas, to the island of Martha's Vineyard in Massachusetts.