Monday, November 22, 2010

ECONOMIC DOWNTURN WIDESPREAD AMONG STATES IN 2009


Real GDP declined in 38 states in 2009, led by national downturns in durable–goods manufacturing and construction, according to new statistics that breakdown GDP by state released today by the U.S. Bureau of Economic Analysis. U.S. real GDP by state declined 2.1 percent in 2009 after increasing 0.1 percent in 2008.

The full text of the release of the Bureau of Economic Analysis' Web site can be found here.


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