Monday, August 22, 2016

Arizona GDP Blows Expectations Out of the Water!

The Bureau of Economic Analysis recently released a report recording all the states’ gross domestic product (GDP) growth for the quarter of 2016. Of the fifty states, three tied for first at 3.9%: Washington, Oregon and Arkansas. Colorado was fourth at 3% and fifth place was split between Arizona and Michigan at 2.6%.

Arizona’s GDP exceeded all expectations in place for the 2016 first quarter, leading the entire Southwest region in growth; as a whole, Arizona, New Mexico, Texas and Oklahoma have a 0.5% growth rate.



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