Economic Growth Slowed in Most States Last Year
GDP actually contracted in a handful of states with big farm or energy sectors
By Jeffrey Sparshott
Jun 14, 2016 12:50 pm ET
Economic growth slowed in more than half of the states in the U.S. last year, underscoring the mixed fortunes across much of the country as commodity prices crashed while other sectors gained steam.
Gross domestic product, a broad measure of economic output, either slowed or shrank in 28 states last year, according to Commerce Department data released on Tuesday. By comparison, growth slowed in only nine states the prior year...
GDP actually contracted in a handful of states with big farm or energy sectors
By Jeffrey Sparshott
Jun 14, 2016 12:50 pm ET
Economic growth slowed in more than half of the states in the U.S. last year, underscoring the mixed fortunes across much of the country as commodity prices crashed while other sectors gained steam.
Gross domestic product, a broad measure of economic output, either slowed or shrank in 28 states last year, according to Commerce Department data released on Tuesday. By comparison, growth slowed in only nine states the prior year...