New Economic Data Shows GDP Has Grown in 46 States
Summary
New data from the Commerce Department shows that the economy grew in 46 states and Washington, D.C. during the first quarter of 2026. The U.S. economy overall grew at a rate of 2.1 percent in this period, which is higher than previous estimates and better than the end of 2025.Key Facts
- GDP grew in 46 states and Washington, D.C. in the first quarter of 2026.
- Washington state had the highest growth at 4.5 percent.
- A few states experienced a drop in GDP during this period.
- Personal income and earnings increased in nearly every state.
- U.S. GDP grew 2.1 percent in the first quarter of 2026, up from an earlier estimate of 1.6 percent.
- The economy was growing 0.5 percent in the last quarter of 2025 before improving.
- Treasury Secretary Scott Bessent said the economy could reach 3 percent growth this year.
- Economic improvement is partly linked to reduced tensions between the U.S. and Iran.
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