Vermont GSP grows slowly in first quarter

first_img22California2.9 Growth Across the Nation 43New Mexico1.2 ● Real GDP*$13,239$13,150$12,9252.7%2.4% 51West Virginia-1.0 Vermont GSP, First Quarter of 2010 1Indiana5.2 Vermont’s Quarterly State Accounts @ a Glance 32Connecticut2.2 34Maine2.1 14Oregon3.4 6Louisiana3.9 35Pennsylvania2.1 40Oklahoma1.4 9Texas3.8 ● Nominal GSP**$26.7$26.5$25.33.8%5.7% 4South Carolina4.0 38Wyoming1.6 Source: US GDP, Department of Commerce.  State GSP, also called state GDP, from ‘Quarterly GSP Trends,’ Vol. VI, No.1, July 2010, by e-forecasting.com, Durham NH, USA. 26Idaho2.6 Gross State Product (GSP) 28Virginia2.4 50Montana-0.3 30New Jersey2.3 Quarterly Gross State Product (GSP) Briefing, July 2010 11North Carolina3.6 20Mississippi3.1 United States  46Arkansas0.7 Vermont United States2.7 5New Hampshire4.0 RankFirst Quarter of 2010* 3Tennessee4.3 29Wisconsin2.3 36Florida2.0 39South Dakota1.6 27Kansas2.4center_img 33Utah2.2 23Alabama2.8 15New York3.3 18Missouri3.2 The Vermont Gross State Product grew slightly in the first quarter of 2010  with a growth rate of 2.6 percent from the previous quarter, but fell 4.5 percent compared to a year ago. Quarterly Gross State Product§         Current Quarter. Vermont quarterly real gross state product in the first quarter, seasonally adjusted: $24.5 billion at constant 2005 prices. §         Previous Quarter. Vermont quarterly real gross state product in the fourth quarter, seasonally adjusted: $24.3 billion at constant 2005 prices.§         A Year Ago. Vermont quarterly gross state product in the first quarter of last year, seasonally adjusted: $23.4 billion at constant 2005 prices.Growth in Quarterly Gross State ProductVermont quarterly gross state product, adjusted for seasonal factors, increased by 2.6 percent annual rate in the first quarter from the previous quarter.Vermont quarterly gross state product, adjusted for seasonal factors, dropped by a 4.5 percent annual rate in the first quarter from the same quarter a year ago. National Quarterly Domestic Product For the nation, real gross domestic product, the national counterpart to gross state product, increased by 2.7 percent in the first quarter to $13,239 billion at constant 2005 prices, seasonally adjusted.  Copyright e-forecasting.com. 2010 or State GDP GSP / GDP in Billions of DollarsPercent Change in 2District of Columbia4.9 12Minnesota3.6 First Quarter of 2010 10Ohio3.7 © 2010 www.e-forecasting.com(link is external) 13North Dakota3.5 42Washington1.3 ● GSP Price Index***109.2108.9107.91.1%1.2% 41Nebraska1.4 21Alaska3.0 Gross State ProductSeasonally Adjusted Annual RatesGrowth & Inflation 24Iowa2.7 45Maryland1.2 19Hawaii3.2 *Annual % change from the previous quarter in GSP at 2005 chained dollars. 47Illinois0.6 ● Real GSP*$24.5$24.3$23.42.6%4.5% 8Michigan3.8 17Massachusetts3.2 7Kentucky3.8 49Colorado0.1     *Chained 2005 dollars.   **Current Dollars.   ***Index, 2005=100. 48Nevada0.2 44Delaware1.2 31Georgia2.3 25Vermont2.6 State & NationalLatest Quarter AgoYear Ago First Quarter of 2010 from 16Arizona3.3 Statistics2010:Q12009:Q42009:Q1Quarter AgoYear Ago  37Rhode Island1.7last_img read more

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