STATE OF THE ECONOMY

Courtesy of: Visual Capitalist

This visualization today compares state economies by contribution to America’s GDP of $17.3 trillion (2014), while also grouping the states by geographical regions such as New England, Mideast, Great Lakes, Plains, Rocky Mountains, Far West, Southwest, and Southeast.

Most economic activity is concentrated in three regions: Far West (18.6%), Southeast (21.3%), and Mideast (18.2%). The states in these regions, which cover the majority of the coastline where most big cities are located, comprise nearly 60% of the U.S. total economic output. Compare this with sparsely populated regions such the Rocky Mountains, which contributes only 3.6% of economic output between five large states.

The largest individual state economies include California (13.3%), Texas (9.5%), and New York (8.1%). The smallest economy is held by Vermont (0.2%) with seven others contributing 0.3% of economic output: Maine, Rhode Island, North Dakota, South Dakota, Montana, Wyoming, and Alaska.


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4 Comments
ottomatik
ottomatik
September 2, 2015 1:42 pm

It was refreshing to see that we have contributed the least, in the Rocky Mountain Region.

Iska Waran
Iska Waran
September 2, 2015 1:56 pm

Everything’s pretty much proportional to population.

Dutchman
Dutchman
September 2, 2015 2:59 pm

I’d get rid of California, Illinois, New York, and Florida.

That would solve most of our problems.

robert h siddell jr
robert h siddell jr
September 2, 2015 11:27 pm

Dutchman, South Florida is really South New York but North Florida is like South Georgia or Alabama (keepers).