Special Report
States With the Fastest and Slowest Growing Economies
November 23, 2017 5:01 am
Last Updated: January 12, 2020 6:04 am
50. North Dakota
> 3-year GDP decline: -2.2%
> Q2 2017 GDP growth: +8.3% (the largest increase)
> Fastest growing industry: Information
> Fastest shrinking industry: Agriculture, forestry, fishing, and hunting
> 3-year employment growth: +2.0% (8th smallest increase)
49. Alaska
> 3-year GDP decline: -1.7%
> Q2 2017 GDP growth: +4.8% (6th largest increase)
> Fastest growing industry: Nondurable goods manufacturing
> Fastest shrinking industry: Construction
> 3-year employment decline: -0.9% (3rd largest decline)
48. Kansas
> 3-year GDP growth: +0.1%
> Q2 2017 GDP growth: +1.5% (tied — 7th smallest increase)
> Fastest growing industry: Management of companies and enterprises
> Fastest shrinking industry: Information
> 3-year employment growth: +1.0% (3rd smallest increase)
47. South Dakota
> 3-year GDP growth: +0.3%
> Q2 2017 GDP decline: -0.3% (2nd largest decline)
> Fastest growing industry: Arts, entertainment, and recreation
> Fastest shrinking industry: Agriculture, forestry, fishing, and hunting
> 3-year employment growth: +2.9% (14th smallest increase)
46. Connecticut
> 3-year GDP growth: +0.3%
> Q2 2017 GDP growth: +1.4% (6th smallest increase)
> Fastest growing industry: Mining
> Fastest shrinking industry: Nondurable goods manufacturing
> 3-year employment growth: +4.2% (23rd smallest increase)
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.