Where Data Tells the Story
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A breakdown of the U.S. economy by state, including DC and overseas activity.
Overseas activity is define as economic activity taking place outside U.S. borders by the U.S. military and associated federal civilian support staff.
Data comes from the U.S. Bureau of Economy Analysis and reflects data from Q3 2024.
California had the largest economy out of all states by a wide margin, driven by the state's strong presence in a diverse range of industries including its technology sector in Silicon Valley, entertainment industry in Hollywood, and agricultural sector in the Central Valley.
According to IMF data, the Golden State had the world's fifth largest economy in the world for seven consecutive years, as of its 2023 GDP.
After California, Texas has the second-largest state economy at $2.7 trillion. Texas is the top energy producer in the country, and also has a significant presence in manufacturing, including aerospace and aviation.