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This region of the United States contributes the most to the economy

BEA releases Q4 2016 figures by state
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Posted at 12:51 PM, May 11, 2017
and last updated 2017-05-11 14:51:45-04

The U.S. Bureau of Economic Analysis (BEA) has published GDP figures for the fourth quarter of 2016 by state. According to the BEA data released on Thursday, real GDP increased in every state and the District of Columbia for that time period.

GDP growth ranged from 3.4 percent in Texas to 0.1 percent in Kansas and Mississippi. Finance and insurance; retail trade; and professional, scientific, and technical services were the leading contributors to U.S. economic growth in the fourth quarter.

Overall, growth was pretty even when states are combined to regions. The GDP share of those regions didn't change much, comparing year-over-year fourth quarter figures.

As shown in the Statista chart below, the GDP has a strong correlation with how many people live in those areas. It doesn’t come as much of a surprise that the Southeast, which has the combined population of 12 states, amounting to approximately 83 million (or a quarter of U.S. citizens), also has the biggest GDP share, standing at 21.4 percent of total GDP. The thinly populated Rocky Mountain area (12 million inhabitants) has a share of 3.4 percent of the GDP. 

Infographic: United States Gross Domestic Product by Region 2016 | Statista You will find more statistics at Statista