Economy
The Real GDP Growth of U.S. Regions in 2023
![The Real GDP Growth of U.S. Regions in 2023](/_next/image?url=https%3A%2F%2Fcdn.voronoiapp.com%2Fpublic%2Fimages%2Fvoronoi-The-Real-GDP-Growth-of-US-Regions-in-2023-20240527160335.webp&w=3840&q=75)
What We’re Showing
U.S. regions ranked by real GDP growth in 2023, based on data from the Bureau of Economic Analysis.
Key Takeaways
- The Southwest experienced the highest real GDP growth among U.S. regions, propelled by Texas’s record-breaking oil production of over 1.9 billion barrels in 2023.
- The Southeast falls in second, fueled by robust growth in Florida and West Virginia.
- With just 1.2% real GDP growth in 2023, the Great Lakes ranked at the bottom amid a shrinking job market in Illinois and a contracting manufacturing sector in Ohio.
Dataset
Rank | Region | 2023 Real GDP Growth YoY | Real GDP 2023 |
---|---|---|---|
1 | Southwest | 5.1% | $2.8T |
2 | Southeast | 3.1% | $4.9T |
3 | Rocky Mountain | 2.9% | $837B |
4 | Plains | 2.5% | $1.4T |
5 | Far West | 2.5% | $4.5T |
6 | New England | 1.8% | $1.2T |
7 | Mideast | 1.3% | $3.9T |
8 | Great Lakes | 1.2% | $2.9T |
U.S. overall | 2.5% | $22.4T |
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