Sunday, June 19, 2011

Florida #40 out of 50 states in 2010 economic growth

If you think Florida's economic growth was sluggish last year, you are correct: the state's economy grew by 1.4 percent, which ranked 40th out of the 50 states for 2010.

The latest figures from the U.S. Bureau of Economic Analysis show that Florida's gross state product for 2010 was $673.4 billion, up from 664.1 billion in 2009.

North Dakota had the largest percentage increase in GSP, at 7.08%, followed by New York at 5.07%. The economies in 2 states, Nevada and Wyoming, shrunk in 2010.

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