News Release
Gross Domestic Product by State, 1st Quarter 2021
Nevada had the largest increase in the first quarter
Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the first quarter of 2021, as real GDP for the nation increased at an annual rate of 6.4 percent, according to statistics released today by the U.S. Bureau of Economic Analysis. The percent change in real GDP in the first quarter ranged from 10.9 percent in Nevada to 2.9 percent in the District of Columbia (table 1).
The increases in first quarter GDP by state reflected the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic. In the first quarter, government assistance payments, such as direct economic impact payments, expanded unemployment benefits, and Paycheck Protection Program loans, were distributed to households and businesses through the Coronavirus Response and Relief Supplemental Appropriations Act and the American Rescue Plan Act. The full economic effects of the COVID-19 pandemic cannot be quantified in the GDP by state estimates for the first quarter of 2021, because the impacts are generally embedded in source data and cannot be separately identified.
Durable goods manufacturing; professional, scientific, and technical services; and information services were the leading contributors to the increase in real GDP nationally (table 2). Accommodation and food services was the leading contributor to the increase in Nevada. Accommodation and food services increased 16.9 percent nationally and contributed to the increases in all 50 states and the District of Columbia.
Other highlights
- Durable goods manufacturing increased 15.6 percent nationally and contributed to the increases in 48 states. This industry was the leading contributor to the increases in 24 states including Utah, the state with the second largest increase.
- Professional, scientific and technical services increased 11.8 percent nationally and contributed to the increases in all 50 states and the District of Columbia. This industry was the leading contributor to the increase in six states and the District of Columbia.
- Information services increased 14.4 percent nationally and contributed to the increases in all 50 states and the District of Columbia. This industry was the leading contributor to the increase in Colorado, the state with the fifth largest increase.
- Nondurable goods manufacturing decreased 4.2 percent nationally. This industry moderated increases in real GDP in 36 states, including Texas, the state with the smallest increase.
Revised annual GDP by state estimates for 1998 to 2020 will be released on October 1, 2021. In addition, revised estimates for the first quarter of 2005 through the first quarter of 2021 and new estimates for the second quarter of 2021 will also be released. The November 2021 Survey of Current Business will contain an article that describes the results.
Next release: October 1, 2021, at 10:00 A.M. EDT
Gross Domestic Product by State, 2nd Quarter 2021 and Annual Update, 2020