February 2010

There are 4 states in which the finance and insurance industry is the biggest contributor to the state's economic output.

The Congressional Budget Office (CBO) projects that the jobs economy is in for more of the same for this year and 2011, before recovering albeit slightly in 2012.

North Dakota, Wyoming and South Dakota, among the smallest states in the United States measured by real gross domestic product (GDP) posted the highest real GDP growth rates for 2008, according to data from the Department of Commerce.

The number of workers filing initial jobless claims in the U.S. decreased by 43,000 in the week of February 6. The 440,000 jobless claims for the week is a decrease from the previous week's revised figure of 483,000 as released by the U.S. Department of Labor. It is too early to say if this is the beginning of a trend toward better employment numbers.

In the 2000s, the economy of Iowa has fared better than the nation as a whole. Iowa has grown at an annual pace of 2.6% a half a point better than the U.S. economy.

The economy of Washington posted a real GDP growth rate of 2%.

The economy of Wyoming had the second best real GDP growth rates among all states.

The economy of New Mexico posted a real GDP growth rate of 2%.

The economy of North Dakota had the best real GDP growth rate of all the states.

The economy of Oregon has grown from a $112 billion economy in year 2000 to a more than $160 billion economy during this decade.

The nearly half a trillion dollar New Jersey economy posted a real GDP growth rate of 0.6%.

The economy of South Dakota had the third best real GDP growth rate for the year.

The economy of Indiana has grown to a more than $250 billion economy from a $194 billion economy in 2000.

The economy of Idaho has grown from a $35 billion economy in year 2000 to over a $50 billion economy during this decade.

The economy of Kentucky has grown from a $112 billion economy to a more than $150 billion economy during this decade.

The economy of Maine posted a real GDP growth rate of 1.4%.

The economy of Missouri posted a real GDP growth rate of 1.3%.

Finance and insurance is the biggest sector of the Connecticut economy.

The Washington DC economy posted a real GDP growth rate of 3%.

The economy of Hawaii has grown by more than 50% this decade in nominal terms, from a $40 billion economy in 2000 to a more than $60 billion economy at present.

Although the economy of Alaska had a very good year in current dollar terms due to the high price of oil, in inflation adjusted terms the economy contracted by 2%.

The Mississippi economy grew by 1.7% for the year, which is higher than the U.S. growth rate and placed the state's economic growth rate as the 17th highest in the nation.