The Real GDP Growth of U.S. Regions in 2023

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.