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.
