All US States continue to grow in GDP, but this is not “private sector” GDP. It’s a mix of private sector GDP and government overspending. At least $10 trillion of our $28 trillion GDP or 36% is spent by government at all levels. Our National Debt is $35 trillion and Our Debt to GDP is 125%. We need to stop and reduce government spending on unnecessary causes and pull our Debt to GDP back to under 100%. We need to re-shore our manufacturing to restore US jobs.
State 2021 2022
2023 2024
California 3.373T 3.598T
3.898T 3.987T
Texas 2.051T 2.355T
2.596T 2.664T
New York 1.901T 2.053T
2.168T 2.227T
Florida 1.255T 1.389T
1.595T 1.647T
Illinois 945B 1.033T
1.092T 1.107T
Pennsylvania 844B
923B 974B 998B
Ohio 756B 822B
861B 897B
Georgia 691B 755B
811B 833B
N Jersey 682B 745B
807B 826B
N Carolina 662B
730B 773B 794B
Washington 677B
725B 806B 830B
Massachusetts 641B 688B
741B 759B
Virginia 604B 649B
713B 733B
Michigan 572B 620B
664B 679B
Colorado 436B 484B
526B 539B
Tennessee 427B
475B 528B 540B
Maryland 443B 470B
517B 526B
Arizona 420B 458B
512B 529B
Indiana 412B 455B
501B 511B
Minnesota 412B
446B 476B 483B
Wisconsin 368B
401B 417B 427B
Missouri 358B 389B
425B 435B
Connecticut 298B
321B 343B 351B
Oregon 272B 299B
320B 324B
S Carolina 269B
295B 325B 335B
Louisiana 258B
281B 313B 317B
Alabama 254B
277B 302B 311B
Kentucky 237B
260B 280B 285B
Utah 225B 248B
275B 283B
Oklahoma 215B
240B 257B 263B
Iowa 216B 231B
251B 251B
Nevada 194B
215B 241B 252B
Kansas 191B
210B 230B 230B
Arkansas 148B
165B 177B 181B
Nebraska 146B
161B 181B 181B
DC 153B 162B
176B 181B
Mississippi 127B
138B 147B 150B
New Mexico 109B 122B
131B 135B
Idaho 96B 109B
120B 124B
N Hampshire 99B 105B
112B 115B
Hawaii 91B 98B
109B 111B
W Virginia 85B
95B 100B 102B
Delaware 81B
87B 94B 97B
Maine 77B 84B
92B 94B
N Dakota 63B
73B 75B 74B
Rhode Island 66B 71B
78B 80B
S Dakota 61B
67B 73B 73B
Montana 58B
65B 71B 73B
Alaska 57B
63B 67B 69B
Wyoming 41B
47B 51B 51B
Vermont 37B
40B 43B 44B
Total US
2020 22.31T
2021 23.315T
2022 25.462T
2023 26.949T
2024 28.269T
https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP
Comments
The US Nominal GDP includes government spending. The 2024 data above is preliminary. I will repost this data again after 12-31-24.
Norb Leahy, Dunwoody GA Tea
Party Leader
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