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NY’s GDP growth drops from 27th to 46th in nation
Joseph Specter
New York’s real gross domestic product ranked 46th in the nation in 2013, down from 27th in 2012, according to the federal Bureau of Economic Analysis today.
The GDP — the value of all goods and services produced in a given year in a state — grew at 1.8 percent nationally in 2013, down from a 2.5 percent increase in 2012.
In New York, the increase was 0.7 percent in 2013, down from 1.7 percent in 2012, according to the BEA. New Jersey ranked 37th and Pennsylvania ranked 47th. Ranked first was North Dakota, followed by Wyoming and West Virginia.
http://blogs.democratandchronicle.com/voteup/2014/06/11/nys-gdp-growth-drops-from-27th-to-46th-in-nation/?utm_campaign=voteup&utm_source=twitterfeed&utm_medium=twitter
