Real gross domestic product rose in all 50 states and the District of Columbia in the first quarter of 2021, while GDP for the nation increased at an annual rate of 6.4%, showing continued recovery from the pandemic-caused recession.
The first-quarter growth ranged from 10.9% in Nevada to 2.9% in the District of Columbia, while in Arkansas real GDP rose 6.9%.
“The increases in first quarter GDP by state reflected the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic,” the United States Bureau of Economic Analysis said in a recent report. “In the first quarter, government assistance payments, such as direct economic impact payments, expanded unemployment benefits, and Paycheck Protection Program loans, were distributed to households and businesses through the Coronavirus Response and Relief Supplemental Appropriations Act and the American Rescue Plan Act.”
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