Seattle Washington GDPBy Michael B. Sauter and Lisa Nelson, 24/7 Wall St.

In 2011, the U.S. economy grew by 1.5% -- slower than 2010's rate of 3.1% GDP growth, but still enough to show the country is moving in the right direction.

Driving that growth were a handful of sectors: durable goods manufacturing, which contributed to nearly a third of total GDP growth; professional, scientific, and technical services, which provided 24.7%; and the information sector, which represented 14.7%.

Likewise, at the state level, just a few contributed the lion's share of national GDP growth: 11 states saw their GDP rise by at least 2%. While some of these states, such as North Dakota, Utah, Texas and Alaska, maintained economic forward momentum throughout the recession, others, such as California and Michigan, are getting formerly shrinking economies back in gear.

24/7 Wall St. dug into the data to find out what's driving our nation's growth at the local level: Here are the 11 states with the largest growth in GDP.


In addition to BEA GDP data, 24/7 Wall St. examined changes in employment and unemployment rates by sector between 2010 and 2011, provided by the Bureau of Labor Statistics. We also reviewed population changes over that time period, provided by the Census Bureau.

Increase your money and finance knowledge from home

Building Credit from Scratch

Start building credit...now.

View Course »

Intro to Retirement

Get started early planning for your long term future.

View Course »

Add a Comment

*0 / 3000 Character Maximum

74 Comments

Filter by:
n5monthsocrapleft

VOTE TO ENACT OUR AMERICAN ARIZONA LAW IN "ALL" 50 STATES N THERE WILL BE PLENTY OF JOBS ~~>ROMNEY / 2012 ~~GETTING AMERICA BACK TO WORK. ! ! <~~

June 16 2012 at 3:44 AM Report abuse +1 rate up rate down Reply
onebluebrick

Look at the face of Connecticut. What happened to the Connecticut Yankee?

June 15 2012 at 10:43 AM Report abuse rate up rate down Reply
onebluebrick

Look at the face of Conecticut. What happened to the Conecticut Yankee?

June 15 2012 at 10:41 AM Report abuse rate up rate down Reply
Jerry Peterson

Hello
Huh, the boom/busts didn't start until 2003, but I guess we can be dishonest and shift it back to Clinton.

Higwh said nothing about the housing bubble burst but only that the housing bubble was got larger under Clinton/Como. He was actually saying that the fraking underground bubble will not be as big, so the damage when it bursts to the surface will not have as much damage.

Please remember that usually there is not an immediate opposite reaction that takes place to anything. And to give President Obama some credit, it does take time to see reaction change,

Enron collasped almost immediatley after Bush took office, but Enron and many of the Dot.Com failures could have been prevented if proper controls, guidelines, regulations would have been kept in place years earlier. The only thing that the current resident of the White House can do is try to minimize the fallout from a world recession that was not created by the USA but has been going on for many years. Finally USA could not keep pouring billions into those developing countries because we ourselves were over spending here domestically.
In Europe, it is now Germany who is playing the role that USA use to play for helping out Europe. China is doing the same thing in Asia, Africa and to some degree South America by bailing out the poorer economies that exists there.

What we now have is a world econimic recession that is being felt by everyone. Some nations are better off than other nations, just like here in USA there are some states that are doing better than other states. Bush did not create it all nor did Obama, nor did Clinton. What we have here is a combination of a world that is showing too much fiscial irresponsibility. People have stopped taking personal responsibility for their oun difficulties. We have too much personal debt caused by our own overspending, Credit card debt, must have the newest and best of everything even if we do not have a pot to piss in, then we cry because we have to finally pay for it. But what the heck. we just look at Big Brother (government) and see how they spend trillions more than they have and then think it is ok for us to immitate the fiscal habits of big brother.

June 13 2012 at 12:41 AM Report abuse -1 rate up rate down Reply
mrshohn

Wait 20 years and see how much of their beautiful state North Dakota traded for a cess pool of pollution to make this list.

June 12 2012 at 11:38 PM Report abuse +1 rate up rate down Reply
James

West Virginia was listed at #3!!!! In WV 56% of able bodied working age men and women are not working and on government subsidies (mostly Welfare). Unemployment is rampent and businesses are closing everywhere. To say that we have a fast growing economy is misleading unless maybe there was a raise in Welfare payments!

June 12 2012 at 11:31 PM Report abuse rate up rate down Reply
Your Highness

Hmmm...So I see that they are trying to put a happy face on the economy....Must be election year.

June 12 2012 at 11:03 PM Report abuse +1 rate up rate down Reply
kevinrschmidt

Fracking is a bubble that will bust and destroy the environment. People are slowly being killed by fracking and the people makeing the profits from fracking don't care.

June 12 2012 at 8:13 PM Report abuse +1 rate up rate down Reply
ohioclan

Pay attention here, please! I am an old Geezer from rural NE Ohio. While there is a booming growth of natural gas and oil wells all across this region and up into Pennsylvania and New York, 'nobody' in Washington DC is paying any attention over the fact that the folks buying all of the areas natural gas rights, are flipping the contracts over to China; India; Brazil and many other foreign nations for five to ten times what they paid the land owners. We the people of the United States, nor our heirs will get much benefit from those mile deep wells. Sorry! Geezer Dave in rural Ne Ohio.

June 12 2012 at 7:57 PM Report abuse +2 rate up rate down Reply
smurfquarterly

And of course Oscama put all that oil and gas there to be discoverd !They are thriving in spite of his ineptness .

June 12 2012 at 7:29 PM Report abuse -4 rate up rate down Reply