Wisconsin 27th for GDP growth
In 2013, Wisconsin ranked 27th for percentage growth of real Gross Domestic Product, according to a new report by the U.S. Bureau of Economic Analysis. The state’s GDP grew by 1.7%, trailing the Midwestern states of Iowa (+2.9%), Minnesota (+2.8%), Indiana (+2.1%), Michigan (+2%), and Ohio (+1.8%), but outpacing Illinois (+0.9%). Forty-nine of the 50 states showed increases in real GDP, led by the Rocky Mountain region and Wyoming in particular, which saw its real GDP increase 7.6%.
Also in 2013, U.S. GDP grew 1.8% after increasing 2.5% in 2012.